Replies to post #73943 on GrowLife Inc (fka PHOT)

[Newbydude]

True...That SA article madness and after it hit .47 there was a big drop off. I definitely was news hunting too. I sold at .42 and was kicking myself when it went into the .70's. Played with other stocks when I realized how much I love and trust this stock, next big legalization announcement will make this stock fly. Still see gains slowly going up until then, this company is playing this game to perfection. Other companies that are in completely ridiculous sectors for MJ plays are trumpeting their intentions to get into this market. Aerospace, freaking race horse breeders? PHOT is best of em all, many years of profits to come. Wouldn't be surprised if government contracts come in the next five years. That may be a long shot statement, but the executives have name play and credentials.

[rcaptain]

The difference between this Q3 & Q4 were the expectations. Sterling made some lofty projections/guidance which he has since backed off from. While they did increase in Q3 it wasn't what everyone expected. So we had a big sell off.
Going into this earnings expectations where tempered and reasonable. Which is why I don't see a sell the news this time. I'm glad they backed off from giving specific guidance since the business is changing so rapidly. It was the smart thing to do.