I tend to agree... not genius at all IMO. Just mak
Post# of 1149
Posted On: 04/27/2014 8:01:30 PM
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I tend to agree... not genius at all IMO. Just making crazy claims both when GrowLife was doing well, and then especially when it was suspended.
I 100% agree with Kristi though about making it personal. You find out a lot about a person when the chips are down...I know my communications with her (and others) during the two week suspension showed me her true colors. She is a pure hearted, good person. I know that crap on the other board hurt her badly. Very low class.
From the other board, some of my thoughts if they are worth anything!
I reduced my holding greatly on the run up to .77...hey, always take profits... but I kept my remaining holding here Friday for a few reasons.
1. I'm riding free shares after making a lot of money here, so can afford to gamble with this position a little bit. I'm not trying to pat myself on the back. I'm disclosing a bias, and why others might feel free to differ. Risk often relates to potential loss. Mine is low, IMO, I've already come out well ahead.
2. Call me foolish, but I sincerely believe if Sterling issued a PR and went on his paid MoneyTV spot proclaiming no investigation, no subpoenas, no docs... he would be a dead man walking. So I believe this was third party actions, as stated.
For that reason I'm not buying illegal selling of shares or bad financials. Not going to argue this point. While the CEO Sterling Scott is introverted, not a great interview by any stretch, and should have a PR man do the talking (or perhaps ex-Microsoft and Yahoo exec Hegyi be visible. At all!) I will not believe that Sterling, as an attorney of over 30 years, who used to work for the federal government, is ignorant of making material statements directly on the SEC suspension issue with less than pure candor. Again... just my opinion, for reasons given. Draw your own conclusion.
3. News is coming this week, per the latest PR and the MoneyTV spot. This week we will see GrowLife 2.0 and what the plan is, as well as the announcement of a new member to the GrowLife team from GE Capital. Hey... it's penny land, and stocks move on PR's.
4. Combine this with 3 above...I see as a good base in the low .20s. PHOT tested .20 all afternoon, and it held. In fact, millions of dollars of shares were bought over .22. If there is support where we ended, and news is imminent, it's not unreasonable to see a move up this week... although there are NO guarantees.
5. 1Q financials being released May 15. I believe the brick and mortar stores will see increased revenue in the first reporting period following recreational pot in CO and don't forget it also went recreational in Portland, Maine... where one of GrowLife's 7 stores is located.
All this, and the fact I have only 'free shares' left, made me gamble that .20-.22 was not where I would be selling. Could it crash to .10 this or next week? It's possible.
I'm gambling here we flirt with higher prices though. I think for the reasons above, hope does remain.
I'm in.
Good luck to everyone. I'll give no advice except follow your own heart and mind here, not mine or another. At the end of the day, you have to live with the man in the glass.
TM
I 100% agree with Kristi though about making it personal. You find out a lot about a person when the chips are down...I know my communications with her (and others) during the two week suspension showed me her true colors. She is a pure hearted, good person. I know that crap on the other board hurt her badly. Very low class.
From the other board, some of my thoughts if they are worth anything!
I reduced my holding greatly on the run up to .77...hey, always take profits... but I kept my remaining holding here Friday for a few reasons.
1. I'm riding free shares after making a lot of money here, so can afford to gamble with this position a little bit. I'm not trying to pat myself on the back. I'm disclosing a bias, and why others might feel free to differ. Risk often relates to potential loss. Mine is low, IMO, I've already come out well ahead.
2. Call me foolish, but I sincerely believe if Sterling issued a PR and went on his paid MoneyTV spot proclaiming no investigation, no subpoenas, no docs... he would be a dead man walking. So I believe this was third party actions, as stated.
For that reason I'm not buying illegal selling of shares or bad financials. Not going to argue this point. While the CEO Sterling Scott is introverted, not a great interview by any stretch, and should have a PR man do the talking (or perhaps ex-Microsoft and Yahoo exec Hegyi be visible. At all!) I will not believe that Sterling, as an attorney of over 30 years, who used to work for the federal government, is ignorant of making material statements directly on the SEC suspension issue with less than pure candor. Again... just my opinion, for reasons given. Draw your own conclusion.
3. News is coming this week, per the latest PR and the MoneyTV spot. This week we will see GrowLife 2.0 and what the plan is, as well as the announcement of a new member to the GrowLife team from GE Capital. Hey... it's penny land, and stocks move on PR's.
4. Combine this with 3 above...I see as a good base in the low .20s. PHOT tested .20 all afternoon, and it held. In fact, millions of dollars of shares were bought over .22. If there is support where we ended, and news is imminent, it's not unreasonable to see a move up this week... although there are NO guarantees.
5. 1Q financials being released May 15. I believe the brick and mortar stores will see increased revenue in the first reporting period following recreational pot in CO and don't forget it also went recreational in Portland, Maine... where one of GrowLife's 7 stores is located.
All this, and the fact I have only 'free shares' left, made me gamble that .20-.22 was not where I would be selling. Could it crash to .10 this or next week? It's possible.
I'm gambling here we flirt with higher prices though. I think for the reasons above, hope does remain.
I'm in.
Good luck to everyone. I'll give no advice except follow your own heart and mind here, not mine or another. At the end of the day, you have to live with the man in the glass.
TM
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