Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm sure...why wouldn't they answer my 3 emails in over 30 days yet you can talk to him directly lol I feel like this is bogus. I'll give it a shot tomorrow though when I wake up
Bahaha I'm not saying that, but I'm out until they release some sort of explanation bc thus is ridiculous I've made a good chunk of money these past few days trading so I'm not worried about buying in a few cents higher if I have to. Although the way things have been going lately, I doubt I will be buying in higher anytime soon
Hey they haven't answered even 1 of my 3 emails in a whole month...absolutely ridiculous. I'm honestly not happy with management on how they treat their shareholders. Why even have a department (if they even do) that is for investor relations if they can't even answer a simple email? A simple response would have sufficed even if it didn't answer my questions, but instead they ignore them for a whole 30 days? Really?! -_-
apparently you werent here last year when we traded at $0.06 for months with a price target of $0.40 and it ran to over double that...
I for one am excited for the Farm Bill Conference today :D Hemp will be legal any day now
technical indicators show buys so I'm not sure what you are seeing. Double bottom on the daily, tightening range and all 3 of my stochastics show a buy on the daily. Any drop in price and its a for sure buy
The second farm bill conference today at 1pm. The countdown continues. Any day hemp will be legal in the states!
BAHAHA it went green today....still did a double bottom on the daily and almost a triple. Solid support and indicators on the daily show a buy. Get ready for this thing to run. Farm bill conference tomorrow :D
Good to see ya back here! I'm not sure if you ever left, but I feel like I haven't seen you on this board in quite some time
My assumptions are based on past facts where the company has always delivered on what they said they would do. Period. Also my analysis is on charts. We are at bottom just look at RSI levels, stochastics, etc. These are called indicators and show good entry points. These past few weeks have been great times to enter for a long term entry point. The only reason SP even dropped is because of the SEC filing withdrawal due to an issue UNRELATED to POTN back in 2015. That means once it is refiled we will be off and never ever be down here again. 400 more retail clients will most DEFINITELY increase their revenues in August. Too many reasons to be a buyer here while on the other hand those thinking it will drop is on PURE SPECULATION. I'll stick to the facts and what we all know.
Thanks for that information and bringing more light to it. I do believe that it will be resolved just like they anticipated before the end of the year for all the debt to be eliminated. Sure will be a sweet sweet day when that happens
LOL this red will be short lived. Technical analysis shows this. its not hard to see what is happening here. Believe me when this thing takes off you will never ever see this price again. Mark my words. Screenshot them if you wish. I am that confident. Its super tight even on the monthly chart. Why is it tight? bc everyone on the side is waiting on news. Once that hits say goodbye to this price bc itll gap up real fast and off it goes
where were you able to find out about the court date information? I would like to stay up to date on this.
Also completely agree with what you said in regards to news. Soo much good news in the pipeline just waiting and will send this stock into lift off to space! Looking for mutliple dollars on this one by EOY personally
The Farm bill ( which includes the hemp bill ) conference will be held tomorrow at 1pm. Get ready guys! Any day this thing is going to pass
YES in this case. I was here back when it traded between 0.06 and 0.07 for two months "losing its momo". Stock churn and consolidate before they run. This has been a big consolidation phase and you better believe that once this thing goes itll go hard. Just one piece of news puts this thing in the mid .30s and NEVER to see below .30 ever again. Why would anyone in their right mind risk that. They have followed through with everything they ever said that they would do.
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett
That is why there is selling.
Yeah thats the month I expected to see an increase as well with those 400 new retail clients. Should see a nice bump in their revs
Facts man. Facts. News has not been released so that is only your speculation
Not a good idea today man. Look at those charts. Get ready for consolidation. No way they just run straight for 5 more weeks. I'm in a group of thousands of members that trade those and they all expect the same thing. Never FOMO
The hemp bill already passed in the senate, however, that was the senates version of the farm bill. Right now the house and senate are working out the discrepancies between the two farm bills. The senates version, which included the hemp bill, passed by a landslide 86-11. I see no reason why that would not pass and be included in the final farm bill. They will be meeting again on Wednesday the 12th of this month.
On the charts, POTN just double bottomed today. Last time they consolidated debt of common shares to preferred the price of $0.25 was agreed upon so not much downside if any and huge upside potential so this price action reaffirms this as a solid loading zone with minimal risk and huge upside potential. I have played this stock for a year now and while it can be quite frustrating, I know that just one piece of news sets this thing rocketing. The recent price drop was due to the withdrawal of their SEC filing bc of the first auditing company that they used that had an issue from 2015 and unrelated to POTN. They have hired another auditing firm in early August to redo their financials and refile for their SEC uplisting. They have that, July revs, August revs, name change, and any debt reduction news to release yet, and Richard Goulding the CEO and also member of other boards like RSHN and their XYZ hemp IPO + like ya said the whole hemp legalization in the states.
The charts show a double bottom on the daily. StochRSI, StochasticsFast, and 1 line on StochSlow on the daily all show a buy so I added more today bc they like tuesdays and thursdays for news and wednesday is the farm bill meeting again.
Stocking up and ready for that multiple dollar price target.
And I disagree with your "analysis". POTN likes Tuesdays and Thursdays for PR's. That's something any long knows. Also the next farm bill meeting is Wednesday. So we have that to look forward to. Hemp WILL be legal in the states. It passed the Senate by a landslide and they just need to iron out a few differences between the house and the Senate version of the bill.
Risk to reward down here makes complete sense. I loaded up more today
Exactly! I just loaded up some more. Thanks for the cheap shares :D next farm bill meeting set for Wednesday and we all know that POTN loves Tuesdays and Thursdays for news. I sense a great week ahead of catalysts coming :D the odds are in favor of the bulls since it's been almost a month since the last PR
Yeah honestly dont understand why anyone would want to jump ship when they have so much news stored in the pipeline for legalization
They've been doing 50% off for a very long time now. It's called marketing. Have you ever thought that they do that to aquire new customers and with hemp about to be legal, that will be their new baseline price?
all five of those things are very significant news events and that doesnt include the 6th one that you meantioned :D Unlike yourself, I believe the opposite. It will run on any one of those easily. Those arent news events like planting trees. Those are substantial pieces of news that have a dramatic impact on the company in a positive way
More positive news on the way. More reliable than hoping the company slips up imo
oh so them increasing revenues, hemp being legal, uplisting, changing name, or crypto going on a bull run would do nothing? LMAO!! thats good to know LOL. More bullish news ahead :D
I BELIEVE THIS IS BOTTOM.
-Hemp will be federally legal any day now. This will bring down cost of goods, which in turn increases profit margins. Also allows for legitimate financing through banks.
-POTN also added 400 new retail clients. This will greatly improve its sales revenues since the clients were added in the last week of July. I project it will show in August revenues.
-POTN is now about to reapply for uplisting again. Once this happens fully expect to NEVER be below $0.32 again since the withdraw, which was due to an entirely different company back in 2015, is what caused the recent price drop.
-POTN will be changing its name to eliminate any stigma on the word "POT"
-POTN is on progress to fully settle all outstanding debt before end of year
-POTN has made 12 million in revenues in just 6 months of 2018. In comparison they did 15 million in all of 2017. They are on pace to at least double their revenues from the previous year with their 400 additional retail clients.
THIS IS A STRONG BUY LEVEL. THE HEMP LEGALIZATION RUN WILL BEGIN ANY DAY NOW AND POTN HAS TOO MUCH POSITIVE NEWS ON THE WAY TO NOT BUY AT THESE LOW ACCUMULATION LEVELS
Farm bill conference just started today. Shares were established a value of $0.25 by noteholder MONTHS ago before their recent progress with 400 new retail clients. Hemp will be legal any day this month. This is bottom. Accept it or buy higher.
Anyone wanting to listen to the conference here is the link as it continues to be talked about currently
https://www.agriculture.senate.gov/
http://www.kentuckynewera.com/multimedia/video/news/youtube_3ca62ef3-b1b1-5e7e-ab9e-4a90a03a2aa5.html
Any day now this Bill will be on the presidents desk. September is the month! Lets go bulls!
Also was upgraded by Zachs from a sell to a hold. So how many things have to point in the direction of buy and accumulate??? because so many factors are
Hemp about to be fully legalized on the federal level. Cannot wait until that happens then bears get blown away!
By the way on top of all those fundamental points, the technicals show a buy. All 3 of my stochastics, StochRSI StochasticFast and now StochasticSlow, show a buy on the DAILY.
how was it overpriced when the noteholder accepted it and it ran to $0.95 on half the revenues??? Does not make sense whatsoever. They have doubled revs, just added another 400 more retail clients, and their crypto mining facility is about to start making some pretty big bucks here in a few months. Charts show this. I wish you would explain your position, since I am mine.
By the way, that $0.25 accepted by the noteholder was before all those positive things that the company has done since. This is EASILY going over $1.25 price target. Mark my words and screenshot this
What makes you think that it is going down that low? again they the noteholder accepted $0.25 per share to go to preferred so what makes you think it will go to about half of that??????????
actually its undervalued. It had a price target of $0.40 last year before a bunch of positive efforts by the company. It then had a price target of $1.25 in January, again, before a bunch of positive news and efforts by the company. They consolidated the common shares on the notes to preferred last time at $0.25...yet you think it will go below that? Even after they added 400 new retail clients, even with their crypto mining facility (btw crypto is about to go bullish long term in a few months here), even after their efforts to refile for uplist, even after the name change, even after their INCREASED sales, even after they work to settle all the debt? Sorry, but it is not happening. This is the floor. The sector is ready to run on this
Good news, bad news? Time will tell. Right now its a sector wide news and still not good to be bearish. When hemp gets declassified as a schedule 1 drug EVERY single company will benefit from it that is in that sector....every...single...one
First farm bill conference is still going on as I am typing this. Not a time to be bearish on this sector
Farm bill conference starts in 15 minutes l!!! Get ready for hemp legalization in the states ??
Could go either way honestly. Maybe saving the PRs for when hemp is legal to maximize the run up? Who knows at this point. All I do know is that Q3 should be a significant increase in sales with those 400 NEW retail clients