Posted On: 04/21/2014 6:45:52 PM
Post# of 1149
Q: Is there a broader story here?
A: If you want to slow down the market and take the bubble out of marijuana stocks, you nail a few of the big premier companies that have good reputations and are performing, and that will do it. If you go after a few sleazy smaller ones – the real pump-and-dumpers – what’s that going to do? Look, the stocks are down 30% in this sector.
From an interview with CANN CFO Chris Taylor.
http://mmjbusinessdaily.com/qa-with-advanced-...er-taylor/
PHOT shareholders should keep this in mind. The suspension of PHOT for 2 weeks without explanation is exactly as Taylor describes. It has nothing to do with negligence on the part of Growlife and everything to do with the SEC being a corporate goon squad. My 2 cents.
A: If you want to slow down the market and take the bubble out of marijuana stocks, you nail a few of the big premier companies that have good reputations and are performing, and that will do it. If you go after a few sleazy smaller ones – the real pump-and-dumpers – what’s that going to do? Look, the stocks are down 30% in this sector.
From an interview with CANN CFO Chris Taylor.
http://mmjbusinessdaily.com/qa-with-advanced-...er-taylor/
PHOT shareholders should keep this in mind. The suspension of PHOT for 2 weeks without explanation is exactly as Taylor describes. It has nothing to do with negligence on the part of Growlife and everything to do with the SEC being a corporate goon squad. My 2 cents.
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