That's a really big deal. Strictly for medical use only but the states keep racking them up. Now it has to pass the senate and the governor sign the bill.
11am- 1pm. And they wouldn't have given preliminary of 3,100% if they're not going to beat it with a figure closer to 4,500%.
Are you trying to say, "Chart Reading 101". Man, you're a dip stick and a dyslexic one at that. Is this the only board you're being paid the .10 cent/post to bash or could there be another. My guess is there is no possible way you could be scratching out your primary school drivel on any other boards because you have this one so well blanketed. You need to seriously analyze your life at the moment.
Awhhhh "newbie keanephila" it was so nice of you to create a new moniker today to share your heart felt story on how short bashers have saved your life. I've never read a more amateur bash in my like until I just read this one from you. Before you bash, learn how to create a more believable story, you pathetic puke.
Actually it would be a $180m market cap if anyone's counting. And that's do-able.
LATF has tremendous upside. You can possibly hold it for a while for huge gains or trade it every 2 days or so for a nice tidy profit. IMHO.
sparky.......man, you have a rock solid memory and thank you for the kind words. I was in fact in all three of the obesity stocks (ARNA, VVUS and OREX) over the last 3 years and have made a nice tidy sum trading in and out of them during their ADCOMS and FDA approvals. I'm now long in VVUS and ARNA with a good portion of the earnings and will be hanging out there for the long haul, 2-4 years if I must. I only hold or trade 5 stocks in my portfolio, so as you can see, there is room for only 3 other stocks, TRTC being one of them. In my opinion, it is the best of breed because of their business model and management. It's a real company with real income and a real CEO from Morgan Stanley who has connections to the Street. Their Market Cap is realistic at the moment, but not for long. It will continue to rise over the next few months, and the day they say they're going to start growing MJ in their warehouses and expand on that model in every big city across the nation as Derek Peterson spelled out, is the day their market cap grows by 10 fold and will continue to increase with every state that passes legalization of Medical MJ. And the sky is the limit when states continue to legalize MJ for recreational use. And of course that will force the Fed's tight grip on the laws to loosen and with that the flood gates will open. There's much money to be made on this sector over the next few years if you're a good trader, but the lion's share of my MJ money is on TRTC. Good luck to you and the rest of the TRTC longs. I think we'll be greatly rewarded leading up to the mid term elections and thereafter.
After the day and a half sell off, investors know which MJ stock is the real one. Expect a nice gap up on Monday with rotation out of the other MJ stocks.
You are correct, sir. Peterson, Founder of Terra Tech and a former Morgan Stanley banker said he's building an infrastructure of "Growing Warehouses" in every big city and Terra Tech will be ready to be Phillip Morris' and Big Pharma's supplier. He said 2014 is a big year for Terra Tech to shift focus to Marijuana growing from herb growing.
TRTC will be the INTC to the Marijuana Industry. Just as Intel is in 60% of all computers, TRTC will be the largest taxable grower to this burgeoning industry. It's hard to imagine what their "High Margin" sales will grow to in the next few years let alone the next 10 years.
pmt.....I appreciate all of your thoughts and good commentary, but I don't think Vivus management cares about the retail investor and keeping them engaged at this stage of development. I believe they're concerned about growing the share price, so if the retail sector wants to hang in there and come along for the ride, then so be it. The Timeline will play out over the next year. The Obesity sector is still in it's infancy.
Here, here alangale22. I think you're correct on the loading up, reducing, and buying back in. You mention the Hedge Funds, but let's not forget who's really behind this timeline of drug applications, drug approvals and drug rollouts. The folks who are really behind driving the price up over two ADCOMS( just to see the first one fail and make dough stacks shorting it on the way back down) then driving it up further on FDA approvals (Stendra and Q) just to watch it plummet through a network of paid criminals (Andrew Left et al and the #$%$ bag paid bashers on this simple MB) the day after approval. They know the timeline better than the actual Pharmas and Hedge Funds because they make the rules. The Pharmas and Hedge Funds know this and must follow along and play the game. It's a vicious but yet profitable circle they must all follow. Wall Street doesn't control the markets, it's our wonderful Government, House, Senate and lobbyists. They make the rules. The Obesity Sector has followed in Lock Step to the Timeline the these folks have laid out for it. The House and Senate knew they would be introducing and passing bills for the "Treat and Reduce Obesity Act" (TROA) and "The Medicare Diabetes Prevention Act". Once these bills are passed (Q, B and soon to be C from Orexigen) the stock prices go back up and up and up, but not before they drove the price down to accumulate all the shares they needed to line their pockets and bank accounts. This has been going on since the inception of the public markets. It's just the innocent "in the dark" retail investor who shoulders the brunt of these escapades. So in this instance, patience is a virtue for all retail investors. Good luck to all longs and just wait for this game to play out, you will be handsomely rewarded.
Nice work shaggy and thank you for all your efforts.