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We break through the 0.07-0.075 range and I think we got a nice runner on our hands man. We're already seeing some big buyers in there this morning that took out part of the resistance at 0.0701 on POTN
You really can't argue with:
1. Cash flow positive
2. Year over year AND Quarter over quarter growth
3. Bashers will make an attempt to say that 1 & 2 are false BUT the PCAOB audited financials will show the reality which I feel strongly will be in line with exactly what they have reported thus far
4. We still have August numbers to see <-Potential Catalyst #1
5. We still have 3rd Quarter earnings to look forward to <-Potential Catalyst #2
6. Plus they set a target for 2017 revs of $8million. They've ALREADY done OVER $5million in the first two quarters. Don't even take into account the growth from Q1 to Q2 but the average of both is about $2.5m a quarter. Even if they only keep pace and don't grow at all, $2.5m a quarter is $10m for 4 quarters of the year....
Long POTN
This company is killing it on the product and market side. Just gotta get through resistance.
Agreed. I feel like we're right on that edge of a real move here. last 2 weeks have been chipping away at the bigger resistance levels and now I think all that's left is the next level at 0.071
Agreed
Here we go again
last time it got this kind of momo, it saw 0.0009
I think so too. This support is getting stronger every day. Just a week ago the support was almost a penny less than where it is right now
I'm in it 0.0004
same here. I hope it doesn't but kinda hope it does selfishly.
MM's trying hard to hold it back. I think one more big push past 0.075 and they're gunna be chasing
Agreed! And the fact that the stock has been able to make this very consistent move over 2 weeks instead of a parabolic pop makes me think that this is the REAL trend. Not like we saw a few months ago when it went crazy but ended up coming back down just as fast. New base every week so far for the last few weeks. Would rather this walk to higher highs than sprint because we've already seen what the sprint ends up being
excited
Look, here's the resistance showing up at 0.07 form ETRF, CDEL, and NITE. Who the F***K is that ignorant to just lay up blocks like that? LOL wtf
100% agree. Look at the numbers this year so far. Anyone selling here is probably flipping out of the last week OR have shares from months ago. There's a catalyst right in front of us right now. Assuming the growth from sales efforts and looking forward to the audit as well
https://finance.yahoo.com/news/pcaob-registered-cpa-firm-engaged-120000720.html
I go back and forth between south florida and western NY. So i'm about 45 min south of where the warehouse is
VNDM hasn't been an issue. More so NITE trying to keep it under 0.07. I wonder if it's the same person who made the attempt to scare people with that large order size last week.
Not that I remember lol. I'm sure you could take sunrise to get there and sunrise is off of 95...just like most main roads in South Florida :)
Yea, hallandale beach to be specific. The warehouse is 4,000 square feet.
Not a problem. HAHA And I did get some free samples as well, which hopefully I'm looking forward to again next time around.
of course. I'm going to get pictures the next time or maybe some video as well if they let me. Facility was very large. We're not talking like McDonald's distribution facilities or anything here but for a company doing CBD products at a rate of over $1m in revenue a month or so, It was very large with plenty of product on the shelves both packaged and in boxes still. They had offices in front with people on the phones, a few back offices that looked to be executive offices, and the warehouse is very large, definitely in the thousands of square feet. I'll get the exact figures next time I go.
crazy. I'm surprised it ended up going to the west coast. It was like on a hard path to hit miami head on and then did the ole head fake. Glad you guys ended up ok though
I have been to the facility myself. Went a few months ago. I don't trade on hope, especially with Penny stocks.
I know my buddies down there are still seeing brown-outs
LRTTF 0.60s would be a breath of fresh air man. Nice momo so far. Pushing hard at 0.53s
Looking for a break of $0.55 today. TONS of support at .52 on LRTTF
I just wish it would finally say goodbye to the 50s for good lol
I'd say somewhere in that ballpark. I'm really looking forward to the Q3/Q4 numbers. Plus MJ stocks tend to pick up in October. Stacking my chips now in expectation of that. Happens every year since 2014.
CDEL back at 0.0675's POTN
Took a little bit off the top today. been holding forever and patience has paid of VERY nice so far. Still have about 50% of my position right now. Well into the money on this trade
This was a game changer trade for me this week. With the stop sign still on, I would think that there would be a serious limit on new supply of any stock into the market.
Agreed. Never know what is really going on here.
Just Re-Read this: http://www.hightimes.com/business/potn-stock-is-now-the-time-to-invest-in-cannabis-shares/ Such a good point made
Got some of the guys taking a piece of that resistance right now.
LOL, nice. But for real though, I think the market's starting to curl back up again. A Little pull back yesterday but I think it was just from the whole Yellen comments and anticipation.
I'm liquid right now and have been grabbin some shares whenever it dips 0.06 and lower but could be persuaded to bust these Dbags with the fake big blocks
Lithium ETF hit 6 year high yesterday
What's your take on NITE and CDEL with those large orders?
THE harry crumb. Someone said you were the man with the plan. Time to squeeze these shorts or what?