Reason I ask is, I have been very busy since just before SEC freeze on PHOT stock. And with the Yahoo message board blackout, I haven't found a easy way of getting investor chatter on the latest progress or lack-thereof as it pertains to any steps PHOT has fulfilled in the SEC inquiry.
Any update you guys can provide me is appreciated.
I too own both of them. I'm sticking with PHOT because I have confidence in their management. However, they better start making more public announcements. In order to help clear up the obvious doubt many investors have. I have discovered the ihub message board. The posters there feel about the same. I feel PHOT got a raw deal. And, I hope everything gets cleared up shortly.
Sentiment: Strong Buy
Sold PHOT at .24 cents when it finally opened again for trading and used the money to buy more FITX
I originally bought PHOT at .28 cents so did not lose that much. Glad i did not hold cause PHOT now at .11 cents. When i added the money to FITX, FITX was at .05 cents. So i did the right thing.
From what i read in the news and study the charts of all pot companies, FITX is my best bet.
I too own PHOT and FITX. The SEC investigation really hurt the entire sector and my gut tells me had it not been for the recent hireings by FITX's management they too would've been halted. Something the two companies did or were trying to do was bad news. The 3rd Party manipulation could have FITX which is why they quickly hired the big guns!! Smart move.
I wouldn't bet to much on either company as this industry is still in its infancy and the ALL existing players other than Dixie (non public) and GWPH could all be wiped out.
With that said I believe PHOT will have a good week once earnings are reported and the announcement of an executive out of GE that will help grow the company. These two headlines should move the stock price back to .20-.22. Until the company is lifted off the grays I don't see it trading any higher than .28cents however I'm almost sure I know how they're going to get back into good status.
As far as FITX goes,, like I said above I own the stock but I have no clue what these guys are really up too. Then entire facebook thing is a little sketchy and partying in vegas and then responding on facebook to confirm shareholders saw him there... Look at the end it could all be ok, but I've just never seen this done before.
I own 22,000 shares of PHOT and 550,000 of FITX as well as 9 other stocks in this sector. All I need is one to HIT so hopefully it's one of my 11!!