Growlife Suspension of Trading – Are Marijuana Penny Stocks Still Doomed

Always remember that emotions are the enemy of successful investing and trading. I finally did a Marketwatch article and Cody Underground podcast specifically explaining how the fundamentals and financials of Growlife, no matter whether insiders were doing something wrong or not, that all that will spell big losses for PHOT s shareholders as that reality plays out.

So here we are today, and I have no idea nor does anybody else have any idea of when or at what price Growlife’s current retail shareholders will be able to get out. Let this Growlife suspension of trading which has left even those retail traders who were explaining to me that they were going to get out of these hyped up penny stocks before they crashed again be a lesson to any of you who think you are nimble enough to play that greater fools game.

You cant get out of a stock thats been suspended. Its hard enough managing your risk in big-cap stocks that trade on major exchanges.
To read more visit http://blogs.marketwatch.com/cody/2014/04/14/growlife-halted-marijuana-penny-stocks-doomed/