{"id":5139,"date":"2014-11-11T15:14:07","date_gmt":"2014-11-11T15:14:07","guid":{"rendered":"\/?p=5139"},"modified":"2014-11-11T15:36:58","modified_gmt":"2014-11-11T15:36:58","slug":"terra-tech-corp-otcmktstrtc-still-in-anticipation-mode","status":"publish","type":"post","link":"\/articles\/terra-tech-corp-otcmktstrtc-still-in-anticipation-mode\/","title":{"rendered":"Terra Tech Corp. (OTCMKTS:TRTC) Still in Anticipation Mode"},"content":{"rendered":"\n

It seems nobody wants to buy the rumor and sell the news with Terra Tech Corp. (OTCMKTS:TRTC<\/a>) at the moment. Despite the steady stream of positive PR coming from the company, TRTC<\/a> closed flat on Friday, on dollar volume that cooled off significantly compared to the previous few sessions.<\/p>\n

The entire pot sector was dragged down just as the company announced new positive developments with its marijuana-related licensing procedures. Florida failed to legalize even medical-use marijuana after missing the 60% majority needed to pass the state constitution amendment. Legalization in Oregon, Alaska and D.C. seemed unable to tip the scales in favor of marijuana businesses.<\/p>\n

Additionally, midterm elections led to both the House and Senate having a Republican majority. The combination of a more conservative legislative course and the state legalization news resonated across the sector, with virtually every OTC marijuana stock slipping by no small amount.<\/p>\n

After accelerating nicely on positive PR in late October, TRTC<\/a> caught a nasty blow along with every other OTC pot stock. It seems traders are still waiting on the sidelines, unwilling to make a big move before the dust settles a little. How things play out for Terra Tech remains to be seen. The quarterly report due this week will probably help liven things up.<\/p>\n

TRTC<\/a> is down around 25% since the slide started but is still among the more fortunate runners in the pot race. Creative Edge Nutrition, Inc. (OTCMKTS:FITX<\/a>) is down 55%, pushed down by factors specific to the company’s business. Medical Marijuana, Inc. (OTCMKTS:MJNA<\/a>) is down about 25% as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

It seems nobody wants to buy the rumor and sell the news with Terra Tech Corp. (OTCMKTS:TRTC) at the moment. Despite the steady stream of positive PR coming from the company, TRTC closed flat...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10,8,259],"class_list":["post-5139","post","type-post","status-publish","format-standard","hentry","category-news","tag-fitx","tag-mjna","tag-trtc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5139"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5139\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}