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-   -   Aero to thread. (http://netcees.org/showthread.php?t=65865)

Diode 04-15-2014 01:11 PM

Aero to thread.
 
PHOT's dead, Aero.

PHOT's dead.

http://seekingalpha.com/article/2141...r-the-industry

Diode 04-15-2014 01:13 PM

oh - and since this the 5th halt in the industry so far, everyone's losing their shirt today:

http://marijuanastocks.com/content/l...rijuana-stocks

hope you pulled out already.

Neighbor 04-15-2014 01:31 PM

THAT'S WHAT SHE SAID

veritas 04-15-2014 01:36 PM

Read the book.

StarFaggot 04-15-2014 02:48 PM

Diode I admire that you are a reader of Seeking Alpha. The marijuana industry will take a hit if the SEC wants to be more scrupulous on MJ stocks. Last month was horrible and so far this month MJ sector is doing worse. Look, it's a nascent industry most of the companies are micro without much on the balance sheet or income statement. That being said PHOT will rebound after a massive sell off. I've sold my position in PHOT a while back. MJ stocks have hit their first rough patch and if the SEC want more accurate reporting from these companies they just won't get it and prices will continue to fall. People who buy MJ stocks are putting their bets on future valuation so of course it will seem over priced right now the hype is too strong.

Anyways PHOT and other Good MJ stocks will be fine.

btw I'm shorting a few MJ stocks so I'm still making money.

StarFaggot 04-15-2014 02:51 PM

Mods close thread.


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