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Agree, dollars by summer. You can take your nickel now or make 20X later this year.
Even better medical news for cannabis users (might be the CBD component)
https://www.bloomberg.com/news/articles/2019-02-06/cannabis-smoking-associated-with-higher-sperm-count-study-finds?cmpid=BBD020619_MKT&utm_medium=email&utm_source=newsletter&utm_term=190206&utm_campaign=markets
This is even better than Feb 2018. I searched for rumors and didn't find any new ones- not that that could ignite buying like this. Maybe a big investor/partner is buying up shares?
.2039! happy to see .20's again.
Just hit .194, gonna hit .20 today for sure.
I locked up my shares at $6 at which point I will be a millionaire.
Ok you old timer investors that were in POTN a year ago with me, do you remember any trading day last Jan or Feb in which the POTN shareprice went up as much as 48% in ONE day? I don't.
Looking for $5 here, willing to wait a year.
Remember- the share price was .20 about 2 months ago and .30 3 months ago- current valuation is ridiculous.
Going up some more, .1375 now
Yep, you could have gotten in at .10, next thing you know you are looking at .15 or .20 instead, bringing down your multiple significantly.
I suspect we have some Claytraders jumping in today, things are going to get a little more interesting...
WOW! Up to .135 on almost 7 million volume. Can anyone check the SEC web site?
I think that the major uncertainty holding back the share price is the two-time delay in SEC registration, although thankfully not related to company financial problems but mostly to external factors. Even with flat revenues, this will be a .50 stock after SEC registration and even higher with uplist. IMO revs will be up at least $1 million to 7 million in 4th Q, though, taking the share price past $1.
Revenue date has not been announced by the company. Last year it was Jan 24, TDA says Feb 11.
TDA is not always correct about earnings dates in my experience.
Earnings tomorrow? Sure hope so. Place your bets now.
The large and medium market cap MJ companies have run hard (CGC, CRON, CWBHF)- this may signal the start of some trickle down into the undervalued small caps like POTN which have the potential to run 10-20 fold this year.
The talent has been shifted to focus on individual expertise. Dr Goulding on clinical trials and product development with his medical background and Hagen, CEO, is an attorney with business experience. 2019 will show large rev acceleration IMO and validate their strategies.
Amy minute, TDA says February 11.
Except that there is no dilution.
These are facts based on CEO statements and POTN PR releases. Meantime, waiting for these upcoming catalysts is about as exciting as watching paint dry.
You obviously weren't following POTN share price moves in January of last year when there were buy orders of millions at the open that couldn't get filled. Many eyes are watching here to see the SEC uncertainty resolved and revenue report. If you prefer to be cautious that is wise, but you may end up paying an extra 50% over current share price.
Date revs were reported last year was Jan 24. It's possible that the TDAmeritrade date is not correct, so I expect any day. On the other hand, they may still be receiving payments from 2018 sales and reporting audited earnings will take longer. I suspect that Hagen will be very cautious going forward under his watch.
Bravo, Moneymaker, a very realistic view. But what about trade show revs and mall kiosks and other sales venues? Maybe we will see an additional half million or higher than your projection. POTN long and strong.
Vaccaro is an early stage investor in a number of startups, some win some lose, nature of the game. He stands to benefit more than anybody else when POTN goes up. You might want to look at the impressive resume of the CEO instead.
You mean .60, got your decimals wrong again lol.
Yes, branding and consolidation. I wouldn't want my shares acquired but a big stake by a big Canadian producer that wants to provide Diamond with cheap, high quality CBD and get into the US CBD market immediately could make POTN fly.
I too have family members and friends on their products and invested in POTN.
Worth a watch as Cramer gives his views and predictions on the cannabis sector for 2019, keeping in mind how these can apply to POTN going forward as Diamond has premium well-known products and many marketing and sales mechanisms that have been in place for a while.
https://www.cnbc.com/video/2019/01/28/cramers-pot-predictions-for-2019-legalization-deals-brands.html
Not limiting themselves to just CVS, high quality CBD products are an obvious huge moneymaker for all big drugstores. As we know, they are flying off the shelves.
Two PRs a day- this is going to be a great week.
Music to my ears- and why I am all in for the upcoming revs.
Yes and it's time for POTN to show us the money.
I would assume that the CEO feels somewhat certain that they will win the court case or it wouldn't be stated that it was expected in the quarterly report. Similarly, I would assume that there is some certainty that Diamond products will be sold at CVS although the details haven't been worked out yet.
Can you imagine the volume when they report blowout revenues?
Up 5% on 400,000 volume so far.
Selling Diamond CBD products at CVS- wouldn't that be convenient and profitable.
I see POTN at their current stage as similar to CVSI about a year ago when CVSI had SEC problems, although POTN has higher revenues. As soon as CVSI announced that the SEC problems were resolved the share price steadily ran to $5, even in spite of their announced plans for a reverse split. (POTN has never planned a reverse split to my knowledge)
Yes audited earnings.