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Just like they said last year when it wouldn't go above 0.07? Months later bam! All the way up to 0.95 and has not come down to single digits ever again. Just like this is our new low before the run. Get in while you can
Here we go longs :D
Daily higher low has been set and confirmed now. We have the hemp conference in just 2 days. Shorts better cover now
My thoughts as Well! I just read an article where Illinois now legalized it on the state level. This is passing for sure. Politicians would be fool's not to with reelection just around the horizon. Get ready for the run! :)
All I know is I would not want to be short this stock when news comes or hemp legalization in the states, which could happen as early as September 4th
Mitch McConnell was quoted earlier this month saying that he would like to see a farm bill conference report ready after labor day, which is next week
Hemp legalization in the states next week. It's been under federal prohibition for over 100 years.
Not fooling me here with that nonsense. That price action still didn't change the daily chart trend
I just added more as well. Don't listen to fortune tellers man. They use crystal ball approach to investing lol
Yeah I just noticed them move to .295 now. Like I've been saying. Bears in this sector are really playing with fire here. They are going against the trend and against catalysts coming up. I remember last year waking up to a pretty big gap open when the run began.
GLTY as Well! I concur on that. Our daily higher low seems to be set and built a good base of support here. The uptrend continues
Exactly my thoughts as well. I entered more at .273 yesterday on three accounts that I manage. Potn ran 1500% last time and we are coming into the biggest catalyst we ever saw in the states regarding hemp legalization and then the biggest catalyst for Canada with being the fist country to legalize it completely. The news that will be coming out on this stuff will be everywhere
You will get your higher entry in due time. In the meantime remain patient while the rest of us make money
Just Like .24 wasn't a buy weeks ago right?....*facepalm*
Indicators? Which ones? Yesterday you clearly said that you aren't a trader. All my indicators show a buy right now. Like I said I'm a trader and I use fundamental analysis on my trades as well. This is still bullish on the daily trend
Thanks for the add man. I'm not here for any recognition lile that though. Just throwing my opinion out there and trying to bring honesty and logic to this board. There's no sense in trying to play against the trend, which is still on a daily uptrend
I expect it to hit $3.00 By end of year. That $1.25 price target was analyzed back in January before all their increased revs, before debt being reduced, before audit, before crypto mining facility
Plus to come is HEMP legalization in just a week, also they stated to have debt completely gone by end of year, also name change, pattens they applied for, and uplist
Also possibility of them buying and owning RSHN and XYZ hemp since Goulding is a board member and potn is a holdings company it would make complete sense. I mean xyz hemp says they already have over 2 million in orders waiting and potn does roughly that a month ??. I can definitely see it happening! Even if they only did a mutual business relationship, it's big for this company!
That $1.25 Is outdated and old. We should be at that now already...$3.00 is what I value this at by end of year if they do what they say
Because of that "toxic debt" that everyone complains about. As I said my mom has worked in naming for 20 some years. Dealing with loan approvals. They are not allowed to touch any company involved on hemp or marijuana. None. Don't believe me? Go call your bank and see for yourself. Also hemp legalization brings the cost to produce products down, which is a good thing. Price points matter. It would also bring light to those against It bc it isn't high in thc like marijuana. It took me months just to convince my grandparents to take it bc of this. One can only imagine the immediate boost in New customers bc of it.
This is the biggest news this country has seen pertaining to this sector...not exactly a time to play with fire and be a bear
This is so true. My mom has been in banking for roughly 20 years. Right now she works for PNC bank on Philly. They are not allowed to even touch any company related to the marijuana industry. That goes for hemp too. When this bill gets passed it is going to be absolutely HUGE for hemp and CBD companies
The direction is up...you have stated you aren't a trader. I am. Still on a daily uptrend for weeks now...
Trust me as I am a trader...it won't go that low anytime soon. And since I am a trader and have said solid honest information and advice you should honestly listen to at least my opinion. Look at all my posts and you will see I'm not here to lie and manipulate people...
It is purely my opinion, but my track record here proves it. You ultimately male your own financial decisions, but I however would rather analyze, understand, and make decisions off of fundamentals and technical analysis rather than some sort of crystal ball approach...
Yeah just suck not listening when I said .24 was a buy....
Soo close!! I'm ready for take off :)
I hate to be the one to say this, but POTN just entered an accumulation stage at worst case scenario for the bulls. Good run up and still on a daily uptrend. Good entry for a long position so I added more on my account and 2 other family members accounts as well.
Nothing on charts show a trend reversal. News literally any day now. I'll continue to add
Daily uptrend in tact. I gladly bought more today
The smart ones? Is it smar6 to not have entered back at .24 waiting for confirmation all the way up at .31? ??
Exactly! Great entry point for more shares :)
Only 3 more trading days left in the month to hear July revs and refiling. Today's price drop was a gift! :)
Dude it's just everyone is waiting on the news. It's just impatient people selling.
"The stock market is a means of exchange between the patient and the impatient" - warren buffet
Just loaded up more on my account and some of my family members accounts :) thank you to those that sold
Expect their margins to increase once the hemp bill passed in just a few weeks. They are already one of if not the cheapest to get products from after applying a coupon. Once they can aquire, or grow since they could very well be linked to RSHN, the hemp for far cheaper than even their margins on the discounts would be substantial! They also have the most most vast amounts of products compared to any of their competition. I'm in them for the long haul.
"For some time to come" yet every day that goes by without hearing revs or the refiling makes the odds only greater that the following day it will happen. Only 4 trading days left in the month. Still on a daily uptrend.
Charts don't lie. People do
Only 4 trading days left in the month to hear July revs
It'll happen this week. Charts say so. News say so. Sector says so
He will just continue to change his price points to fit the narrative. This thing is obviously on a daily uptrend for weeks now
Hahaha the trend is your friend. Daily uptrend for weeks now. Sector is bullish hop on board and stop fighting it
"Going long" is going bullish "Going short" is going bearish. There is no time frame signifying either one.
It's a shame, you could have gotten in way back at .24 and made money when I told you about the trend reversal. You'll still make money because it's going to blast past that .31 area real soon, but you could have made more. If you want to learn how to read charts I could teach you
You could have been a buyer much lower if you spotted the daily uptrend. Nothing on the charts signals any sort of trend change. It just switched bullish a few weeks ago and given all the news about to come out, hemp legalization, and Canada having it's first sales on October 17th I do not foresee that changing whatsoever. Go with the trend man, not against it