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Bullboard - Stock Discussion Forum
Terra Tech Corp.
TRTCD
Industrials
Farm & Construction Equipment
"Terra Tech Corp is an integrated cannabis-focused agriculture company which is engaged in cultivating and providing medical cannabis, as well as other agricultural products, such as herbs and leafy greens using classic Dutch hydroponic farming methods."
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OTCPK:TRTCD - Post Discussion
Terra Tech Corp.
> Stock drop
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•••
slicknick
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Post by
slicknick
on Oct 31, 2016 3:12pm
Stock drop
At one point this stock was worth $1.50. Now only .50 cents what happened with sales and why will it prosper now?
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•••
Djwburr
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Comment by
Djwburr
on Nov 01, 2016 10:42pm
Growth at the expense of dilution is the reason for the drop. There are a lot of complicated moving parts here to fully explain. To get a good picture, listen to the last 3 earnings calls and also read up on the taxation laws in California and Nevada for medical marijuana. This is a long term play, not the kind of stock however with legalization in CA and NV things will speed along pretty well
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