Post Tagged with: "growlife"

Why Marijuana Stocks Might Go Down The Drain

Why Marijuana Stocks Might Go Down The Drain

Twenty states allow the use of medical marijuana. It seems clear that the trend will continue and that marijuana will become a multibillion-dollar industry. Dozens of cannabis companies have sprung up as a result of a wave of legalization and decriminalization. Investors can now bet on them through so-called pot stocks and do they ever. When laws legalizing marijuana in […]

July 3, 2015 · 0 comments · Investing
Marijuana Investors These Days Are Younger & Have Less Capital

Marijuana Investors These Days Are Younger & Have Less Capital

Investors in marijuana stocks are younger and more likely to be from big states such as California and New York, but they tend to have less money to put into publicly traded companies, according to a report by stock tracker SigFig. Further, those from more liberal states are more likely to buy publicly traded cannabis stocks, particularly of GW Pharmaceuticals, […]

May 14, 2015 · 0 comments · Investing
Why We Don’t Invest Pot Stocks

Why We Don’t Invest Pot Stocks

John Maxfield : I hate to burst anyone’s bubble that’s high on marijuana stocks, but the reality is that I literally can’t think of a worse industry to invest in right now. Many of the companies have no revenue, are only tangentially related to the pot industry (and thus could very well not even participate in the industry’s seemingly inevitable […]

November 24, 2014 · 0 comments · Investing
Marijuana Stock Bubble Goes Up In Smoke

Marijuana Stock Bubble Goes Up In Smoke

The marijuana stock bubble that emerged earlier this year has been deflated, following actions by the Securities and Exchange Commission that have scared investors away from penny pot shares, according to Forbes columnist Nathan Vardi . Pot stocks are different from other over-the-counter (OTC) bulletin board stocks and are buffeted by ongoing changes in various state laws on medical marijuana […]

November 4, 2014 · 0 comments · Investing
Pot Penny Stocks Are Sky-High

Pot Penny Stocks Are Sky-High

“Penny stock investors all made exponential returns on their money within a few days, and then short sellers like me cleaned up when their unsustainable run-ups crashed 40% to 70% within a few days,” said Sykes, a Miami-based entrepreneur, stock trader and penny stock expert. Marijuana-related companies , such as GrowLife (PHOT), Cannabis Science (CBIS) and Medical Marijuana (MJNA), are […]

November 1, 2014 · 0 comments · Investing
Who’s The Financier Behind A Hot Pot Stock?

Who’s The Financier Behind A Hot Pot Stock?

Volume topped 1 million shares a day on May 31, 2012, and the price averaged 5.5 cents a share that month. Had the original Phototron investors sold then, they would have almost tripled their money. Press Releases Both price and volume spiked in November 2012 after voters in Colorado and Washington approved legal recreational sales of marijuana. GrowLife issued a […]

October 15, 2014 · 0 comments · Investing
Growlife Still Halted, The Cody Word Says & Adds That Pot Penny Stocks Can Go Down The Drain

Growlife Still Halted, The Cody Word Says & Adds That Pot Penny Stocks Can Go Down The Drain

Most of these over-the-counter weed penny stocks are just vehicles for their insiders to sell shares to retail investors caught up in the hype of the legalized marijuana revolution. Let me explain again. I’ve repeatedly highlighted Growlife /quotes/zigman/11335612/delayed /quotes/nls/phot PHOT as a poster-child for this game in which the retail investor is always the mark , and late last week, […]

October 9, 2014 · 0 comments · Investing
From The Cody Word: Marijuana Penny Stocks Still Doomed; Growlife Still Halted

From The Cody Word: Marijuana Penny Stocks Still Doomed; Growlife Still Halted

As you said you are not willing to do the research. You are basically the same as all of the pump and dumpers on Yahoo! finance. Shame on you. In one of those articles, I wrote in response to all that vitriol I received that, I sure hope that for every one of you bashing me, that somebody out there […]

October 9, 2014 · 0 comments · Investing
The Pot Business Is Still Wacky, Legal Or Not

The Pot Business Is Still Wacky, Legal Or Not

In June the company revealed that the $37 million loss it reported for the first quarter was actually double that, $74 million. GrowLife shares have since fallen back to 7 cents. GrowLife CEO Marco Hegyi says the report “was never intended to boost the stock” and that legalization efforts boosted shares of GrowLife and other marijuana companies. Hegyi, who became […]

September 4, 2014 · 0 comments · Investing
Just Say No To Small Marijuana Stocks, NASDAQ Says

Just Say No To Small Marijuana Stocks, NASDAQ Says

These two different stories must be looked at separately. Here I am only concerned with the companies that are not listed on major exchanges and whose prospects depend on further relaxing of state and federal restrictions, not the likes of GW Pharma ( GWPH ) that are researching more conventional pharmaceutical products that happen to be derived from cannabis. When […]

September 4, 2014 · 0 comments · Investing