Replies to post #31929 on GrowLife Inc (PHOT)

[shell3]

What happen here, is this true or was these post's not true, you called me out and for what giving my opion, here it is again

strategydoc Member Level Saturday, 11/16/13 12:48:55 AM
Re: officerk post# 29799
Post # of 31953

My sentiments exactly. I'm out, base of .0314, 1M shares. They did not meet numbers, missed by 35% with no warning. They need help. Will reeval on Sunday during the radio talk. Looking for frank discussion of the complete miss on revenues.

strategydoc Member Level Monday, 11/18/13 02:54:41 AM
Re: shell3 post# 30028
Post # of 31953

In any case I made a short term profit from .0314 from 1M shares. you can do the math. I'm just disappointed in how awful the numbers are after the estimate was $500k higher. Why are their same stores not doing as well as last year. Why did they not meet their targets by 35%. No matter how you analyze these numbers, they are awful. The shareholder equity is $200k. They lost that last week when we sold.

strategydoc Member Level Monday, 11/18/13 03:04:47 AM
Re: SteveSL post# 30032
Post # of 31953

Silly reason: they miss their target by 35%.
This is a penny stock, not a long term investment obviously. Just be careful.
I've done it before- with Concur Technologies (.93-$97 today). They never missed estimates for 48 quarters. This company missed their estimates in the first quarter I bought shares. I'm out because of their mismanagement.
Plus there's 650M shares out there. Concur today only has 56M shares and it's market cap is 5B dollars. When I invested their cap was 25M, about the same size as PHOT a couple of months ago.
I did sell on Friday.