Replies to post #67843 on GrowLife Inc (fka PHOT)

[Mystik7]

Adios

[Doc1954]

Phew..another one bites the dust!

[livinginstyle]

Clonefan, I think you are over thinking the situation. I used to do that and it cost a lot of dollars. You and others need to look at the chart and look at where this is heading. It is going up on strong volume and there are no indications that will change. It's hard to find a better chart.

Today's pullback just confirms this stocks direction. It needed this rest. We could consolidate here for a day or two but I think the underlying strength in this stock shown by the increase in volume to the upside just confirms the upward direction. Sell and go if you want, but eventually this will run again easily past .60 cents and beyond. I've studied this type of chart before and rarely has it broken down this early. Money and force is to the upside.

This is my 15th and last post today.

Luck everyone..

http://stockcharts.com/h-sc/ui?s=PHOT&p=D&b=5&g=0&id=p91924686537

[MonestHind]

It's always funny to see people make the argument that the 2 billion share increase doesn't raise concerns of dilution due to it being an increase to a/s, not o/s.

Folks need to realize that there is no chicken or egg riddle here. THE COMPANY MUST FIRST INCREASE A/S IN ORDER TO FACILITATE AN INCREASE TO O/S.

PHOT is not profitable at this point, therefore logic dictates that the company will continue to dilute until shares are worthless OR until the company generates revenues sufficient to fully sustain operations.

No mystery here. 2 billion share increase means at any given point shares could be reduced to 1/3 of the non diluted (current) value. That's obviously not likely, but true nonetheless.