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Am I reading wrong that there was a gap under .002 from 3 trading sessions when the news broke? Doesn’t that then by definition need to fill?
Trying to figure out whether to invest here...so fine its on Amazon and has a revenue share (presumably revenue per click/view), but doesn’t the underlying content need to be good for this thing to run...? Has anyone gone onto Amazon Prime and looked at the Bad Actress movie (directed by the CEO)? Its looks totally home made, has bad reviews and I can’t imagine its going to “make a killing” on Amazon Prime...
What am I missing? If the movies suck, why is this going to be the “next big thing”...?
Honestly not trying to be negative, I just don’t get it. If Amazon Prime Video is like a version of Amazon where they’ll sell your product there, doesn’t the underlying product still need to be good? Going to the MovieStudio website and Amazon, the movies don’t look good.
POTNs Q4 financials will clear up this situation. They will need to show investment in RSHN as an asset on their Balance Sheet. Everything before that is just speculation.
Trying to get a feel, how much “new money” is on this board? A lot feel like “old money” from the Trips...I made my first buy at .006 and kept buying up to 875k shares at an avg price of .0175 so in it for about $15k.
Some are doing amazing having only invested a few hundred dollars.
It would help me to know am I in the minority having put over $10k in it? I definitely believe and will hold forever! Go ANDI!
Just FYI I was getting a series of private messages over the last few weeks from someone I didn’t know telling me to check out VATE so someone was definitely intentionally promoting it.
Well if I am learning one thing about the OTC it is that if you can remain patient you can profit and you have an advantage over most other traders.
Some nice 03’s fell into my lap and I have an order for some 02 and 01’s.
I feel so bad for this wonderful stock. This was my baby from .06 and I played it wrong. Made some money and gone away but monitoring.
I hate to say this but I will be back in at .20...I hope it’s not so but the momo is gone. For the great Longs on this board I hope I am wrong.
Market is down big and ANDI is up...
I guess I’ll be playing a game of ANDI Land with the kids tonight (which mostly involves them sitting around and watching daddy giggle wildly as he tells them about his 875k ANDI shares).
Translation: this is effectively the same as firing the old auditor and bringing in a new one. This justifies the concerns this board has about the legitimacy of that old auditor. You don’t need two auditors to do an audit of this size.
Probably. I bought at .0003 and it drifted back to .0001. I have orders in at .0001 and .0002
Never dabbled in one of these shells before. I bought 1 million back at .0003. When folks say “bought some” you all typically just grab $200-$300 or do folks get all crazy and buy 10s of millions?
When I invest I want high upside potential with low downside exposure. This stock has that in spades, it’s like having a pile of gas soaked rags...no harm if they just sit there but 1 match thrown on it and boom!
Show me a stock in the space that hasn’t already run and is now on the way back down. This gives you that industry exposure without any of the regulatory exposure and where you haven’t missed the run up.
I am totally cool with this stock taking the slow road up because when it does go up I know I have gotten in at the price bottom.
Since October they’ve a) retired preferred shares b) gone live on their primary business (CannaNet), c) acquired Cannabis Dispensary website d) announced their first original series and began filming episodes e) started the Kush Processing line of business...that’s not bad for 4 months considering I think it’s a pretty small shop that run it there.
I agree it can be boring as sh*t at times, but all stocks are boring...until they’re not.
There’s on $1.7m worth of stocks floating around and I would guess over half of that is locked up. This will have it’s day. It’s Market Cap is less than $3m, it won’t take much for this to at least double.
Congratulations longs! Didn’t sell a share and bought 100k over the last two trading sessions! I believe! We are going much higher
Is anyone who is at a loss buying now or holding?
I bought a little bit and previously told myself I would load up at these levels but it sure is hard to pull the trigger when it keeps dropping.
But looks like it may have found its bottom.
What does that mean in layman’s terms?
Totally oversold. Expect a bounce soon!
Can someone please post the current RSI as of now. It helps me get a feel for where we are at.
Grabbed some .015’s
Dude why have you been so upset about 800k at .01, you’re golden if you don’t mind a waiting game.
Just got my cheapest shares to date (50k at .0100). Nice 800k at a cost average of .0120. I can be patient.
Mechanical question: how do you do a reverse split without tanking the stock with the R/S “kiss of death”?
Do you R/S while simultaneously lowering the total authorized shares?
If R/S kills stock price (seems like from what I’ve seen), why do it?
Call me crazy but I am fine to see this beaten down for cheapies...I BELIEVE in this and will be one buying those cheapies to add to my position.
How long do others plan to hold? If this is the real deal I feel like you hold for years if you believe in the company, BUT I just got burned for holding onto a stock for 2 days too long so now I waver a bit...
What helps me get my mind around this stock is to consider that ANDI is either one of 2 things but can not be both:
a) one of the greatest frauds ever concocted upon the OTC where several highly successful and prominent business successes (Darryl Green and Loudon Owen), men of great integrity, will sacrifice their future reputation for short term enrichment, while in the long term likely foregoing millions in future income
OR
B) the real deal and potentially one of the greatest opportunities to profit on a stock of my and your lifetime.
I am 775k shares long and if it’s (a) I am out $12k. If it’s (b) I am thoroughly convinced I see $1m.
I obviously believe it’s (b) and when I look at this stock it makes a long term hold make a ton of sense. I have no fear of losing money on this. Where do you stand?
The challenge is they are continuing to issue 40 million shares per quarter (p 5 of latest 10Q) on the “Sign” loan debt service. As such add 160m shares per year until they can retire that loan. So for 2018 for instance, adding around 50% to outstanding shares of 269m. So revenue will have to grow 50% just to hold on going revenue per outstanding common share constant. I believe this will prove a hindrance to share price growth. Do others agree? I never have figured out how to reconcile this with the run up in stock price in my mind.
Ok, 775,000 shares at a .017 cost per share basis. Excited for the future. Will buy more if we dip to or below $.020
Curious (this is what has hurt me on other stocks), do folks have an “investment strategy” on this (and I know this would vary widely per person)...but do seasoned investors walk in saying “I will sell x% at this price and sell at Y at that price” or do you just sort of ride it out and follow your gut, or just dig your feet in and say “I ain’t selling squat until I am at $1m profit”?
What are your favorite eSports stocks?
What led you to go long here on Sigo? Do you think the bottom is in? What is it believed has caused the price to run up in Mid-January besides just general interest in the MJ sector? Was it something with a news release?
So we know Starkweather and Green in the picture, who are the others? Do we know their positions in the company and resumes?
Thinking of taking a starter position, seems to be some support in the price at $1.50...looks solid but I see conflicting DD on the board here...would appreciate some thoughts on if now is a good time to enter or if more downside risk is considered likely...
New to charting but isn’t the last two trading sessions showing a bearish engulfing that should indicate a coming downtrend...but how do you deal with that with a company in this stage? Any significant news PR would trump the charting I would think and you could miss a big news driven run.
So do you just use the chart to choose buying opportunities?
So if Stockroom is right, wouldn’t you sell POTN as he’s calling this a suckers rally? You’re long right?
Looking at several charts they all seem to have a hockey stick run up, then equally fast retrace then bounce back and then slow drift down. Here it was up to 90’s then down to 32, now I will guess up to 60, then drift down
So interesting to see this stock in hindsight now that I have sold. I am not sure why it wasn’t more clear to sell up in 90 area, we all were so infatuated with having got it right, but a voice in my head said it has to step back a bit but I don’t want to be wrong so held on too long.
Would love some expert traders help here from this great board if you don’t mind.
Just fully exited my first penny stock and rode it from base price up 15x price increase and back down to a 5x return and then up a little again (stressfully volatile)...too stressful so I got out while up.
Ended up overall with a 7x return on my money in 4 months (and a TON more wisdom on how this all works) which is amazing, but my thoughts are filled with the “coulda woulda shoulda” of “you could have had 2x as much if you just sold at the peak, which looks so clear in hindsight.
For others who’ve ridden these “10x baggers”, is my tale normal or are people pretty good about getting out on top? Trying to figure out how to chalk this up to a win and let it go.
A neurotic over-thinker could use some counsel.
I see people talking about big losses in their account yesterday and the bad down day but it only looked bad because of the artificial (in my mind) run up on end of trading Thursday. Take that out and I thought the chart did great for a day when MJ stocks got whacked hard and Dow down 650 points. Go look at a chart, cut that late Thurs to early Friday blip out and we did remarkably well.
I never understood people saying news of a ticker change and new TA and IR would move us up a bunch.
It will be the contracts and only the contracts in my minds that will move the needle. The rest is just the basic mechanics of this thing becoming a legitimate corporation which is mostly priced in in my mind at a $75m Market Cap we are at now. IMHO
What does that mean?
Ooh good DD! Would be crazy if that was just coincidence.
Because it could have been 1,200% (Case of the coulda woulda shoulda’s). Sorry.
Made 600% return on POTN so I will be fine.
Wouldn’t you know it. I sell, it runs up. What can I say, the fear was too much for me, hated the sleepless nights. Maybe this ain’t my thing. Ha ha.
Bought this at .01 with plans to see how it goes when they open operations. Never occurred to me to flip and trade this and at this point would seem pointless and I’ll just hang on. Will be good though in time!
Thanks for the tips but as a general rule I don’t buy stocks after any sort of run. Will keep an eye on it if it drops. I am in on ANDI, HMPQ, INMG all at very low and safe levels. Just exited POTN which I entered at .06.