Hello my name is Tom
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POTN is a hemp stock trading at .01 It has a low float and small O/S
should be valued between .20 to .50 and can happen quickly.
they are actually making sales at www.diamondcbd.com
I think it is in May, why are people saying it is this week
POTN is a .01 hemp stock selling product with growing momentum at www.diamondcbd.com
They are actually selling to the CBD market which is growing by leaps and bounds.
POTN has a LOW FLOAT and low O/S.
News could send this spiking higher very quickly
Watch POTN closely, a .01 hemp stock selling product with growing momentum at www.diamondcbd.com
POTN CBD oil making sales and gaining ground.
POTN is a .01 penny stock which a small trading float and selling CBD oil and other CBD products at www.diamondcbd.com
if POTN is to be valued similar to other hemp stocks then it should trade in the .20 to .50 range.
POTN can be revalued up to that range quickly because the float is locked up now tightly with plenty of news on the way this year.
the ask is probably thin as ICE at this point. God forbid we get any kind of new news and .017 could be on deck in a new york MINUTE.
would love to see a .01 close or near today which would set up a small trading range and base for the next explosion higher.
Talk about being in the right place at the right time, look at the google trends search for interest over time for the search term CBD oil
https://trends.google.com/trends/explore?q=cbd%20oil
The float has to be pretty much locked up at this point.
The market makers are letting price Trickle down, however any positive news could spike this to ten pennies quickly
I don't care what the damn basher say about this company. The bottom line is that when this company gets 1 million, 2 million, 3 million, 10 million in sales, it is not going to be a .01 penny stock any more. More like $1.00
The CBD market is in the infancy hyper growth stage and POTN only has to get a tiny fraction of this hyper growth. I am not saying it is going to be straight up, but going into 2020 look out above in my opinion.
The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That's a 700% increase from 2016. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were sold through dispensaries – bringing a total CBD market to $202 million last year.
Matt Karnes of Greenwave Advisors is even more optimistic about the growth of the CBD market saying, “In terms of the CBD market size, I estimate an almost $3 billion market by 2021. "
It is nice to see RMHB breakout yesterday up 25+ %
Not trying to compare the two companies but being in generally the same business, we should see POTN breakout soon too.
There is a correlation in the stock price moves of these two stocks. It is not a same day to day correlation but there is a synchronicity.
The upside potential in POTN is much larger than RMHB, maybe eventually the RMHB shareholders will realize that and jump into POTN soon as well.
I don't know if the float number of 17 million is still correct but it is pretty amazing that only $170,000 at one penny is enough to lock up the entire float on POTM
If more positive news hits this could skyrocket
well I hate to say it but trump just destoryed the mj rally. that stupid idiot. now they are going to spend another wasted trillion dollars doing the stupid mj enformencet again
http://mjbizdaily.com/week-review-white-house-threat-growers-risk-rare-cannabis-investment-fund/
trump really ticks me off.
stupid trump is supposed to be PRO business !!!! NOT
this is the process of extinguishing all the final sellers, it takes time
would love to see a .17 close today, but we shall see
today or tomorrow may be the final low
final low today ?
what blows my mind is that institutional money has not even entered this market yet at all because they can't.
I am sure they will, but when they do and then the MJ ETF comes out, THAT will be a time where some sort of tradeable top is in
damn! I cant believe I was watching CNBX closely when it was trading at $1.00 !!! Now it is $7 a few days later.
another one that I missed, dammit.
there are so many of these, and so many of them are movin so fast you literally have to be super fast and aggressive to try to jump in the right ones at the right time
Man oh man. I knew OWCP had a beautiful chart. And I knew it was consolidating for a move
then it was up nice on Friday and of course I dont get in thinking most of the move is over.
then today then today UP 128% in one day.
Chart after chart that I have looked at in this sector, I see them make a move and then think that should be it, but sure enough they push the limits of upside.
Probably wise to do the same with ATTBF, just when you think the run is over at .50 is when it does a SUPER SPIKE to $1.50
RSI has reset and engines cooled off...
a little maintenance, clear off the runway and refuel...
Ground control to major Tom are you ready for takeoff.
nothing lackluster about today.
it takes time to reverse a downtrend which we were in since the spike to .03
so then we came down and now we are pausing
bullish engulfing today
nice bullish action today in ATTBF
* volume remains robust near support
* bullish engulfing candlestick today
* consolidating from recent BIG volume breakout.
* cup and handleish tendency
* possible a bit more sideways churning rest of this week establishing base for next super rally
* would love to see the next rally hit .40 to .50 range, but dependings how the next pattern fills itself out
lift off
From seeking alpha article :
My recommendation is that "traders" continue to make buy and sell decisions based on "events" and not based on fundamental values, as the latter appear likely to lead to poor or unprofitable trades and decisions. The next big "event date" that will lead to an upside marijuana segment over-reaction is likely to be the formalization of recreational marijuana use procedures for Canada, anticipated in the next few months.
Normally I do not like to jump in and out because short term timing can be really tough
So going forward I will probably just keep adding until we get to .50 to $1.00 range.
It would probably be wise to keep a solid core position until the Canada full legalization press cycle hits critical mass
I mean look at CNBX 500 MILLION market cap
$1 to $2 is not out of the question for attbf
Canada legalization news dates are a game changer
I am thinking on or before April 20th
This stock is extremely strong ! I capitulated and bought back in ... I am not going to sit on my hands and wait around when there are MJ stocks skyrocketing 1000% into multiple dollars .
Gotta be in it to win it
Yes tell me about it I have been waiting together in at 16 but everyone else seems to have the same idea and the bids are stacking up massively
look at the CNBX chart wow wow wow !!!!
what a huge run...
I think ATTBF is going to have a run like that
There is ZERO DOUBT that once the canada full legalization ball starts to get rolling, many canada MJ stocks are going to skyrocket I would think.
we are talking about an entire country, not just a state
I am just saying it would be great to see a hammer candlestick at this juncture
would love to see a mini shake down to .15 and then reverse by closing and close near .18
that would be about as picture perfect as can be
common lets shake the tree and get this over with, shake this baby down to .15
If you look at the long term chart it is breaking to a new 52 week high
https://www.solactive.com/indices/?index=DE000SLA1CR1
No, I am thinking we are going to hit .16 - .15 to mark the low point. I would like to see that and then see how it establishes footing starting next week.
If it finds a new shelf the next run could be very substantial
Profit taking!! Welcome to the stockmarket
I bailed out for now... looking to get back in on a nice pullback... long term still headed much higher
there is a risk we could pull back and sell off to .183 range which would be quite normal price action because it would test the break out range.
I am not saying it will happen, but that it could because it is very common with most stocks to test break out range...
would be a great reloading point if it does happen
everyone always wants news in the penny stocks, but it is all too rare... most of the other MJ stocks have had 1000% gains on zero news... there is just massive capital coming into the sector on sector growth prospects, canada legalization etc.