Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah if I didn't think it was real I wouldnt have shares in this company. People need to realize that audits are not done overnight and they do take quite a bit of time to complete. The good news is it won't be too much longer until it is done. We will have February numbers along with the audit soon enough
they said it would be out by the end of the quarter
That would be if sales are consistent at shows, which no business ever does. Thats why the vast majority of businesses do quarterly reports. 1 million in sales should put them roughly at 2 million for february. They had 2 million in January so thats roughly 4 million already in this quarter. This is a growth monster!
What is wrong about a company spending money on advertising? Nothing. This is what all companies do.
I was honestly unaware of this product. This is exactly what I pointed out when they released their financials. The company's growing rapidly and spent their earnings developing new products. They are positioning themselves for a great 2018!
I thought the same. I mean the short term price target is $1.25 and we hit $0.95 already. Then after that news comes out showing January numbers are even better and setting up for 2018 to be well above 2017's numbers yet people sell at these levels? My mind is blown. I will continue to hold and accumulate regardless, but I just don't get the logic of some people.
What person in their right mind would sell at these levels after January numbers showing that they are set up for an even better 2018? I mean we hit .95 before this news. It doesn't make sense at all. I for one have my shares locked in at $10.00. There is no way I'll sell at this price level when the company has such a big future ahead and currently undervalued at these price levels.
These sales just show that the company is expected to have a much better 2018. 2017 was already a phenomenal year for this company. Anything under the price target is a steal IMO
My concern is POTN followed with the downtrend of the market when the S&P and DOW dropped. This stock followed with the overall market trend and went down as well
The only thing that concerns me is that the overall stock market isn't looking to good right now
For anyone trying to be negative about this, did you take notice their two biggest expenses?
Marketing - Payments made to Vendors $1,982,127.50
Marketing - Product Development & Testing $747,453.13
Like I said pumping more money in the company to help it grow faster and spending money to create new products. This is a good sign if anything. Especially since last year was their first year owning Diamond CBD. Most companies don't even turn a profit in their first year.
A good company would take its profits and pump them right back into itself to expand and grow, especially if its a newer company. So the fact that they are profitable at all at this stage is a great sign.
longs wont be selling on any news. I personally am holding this stock for years. Too much potential long term plus who wants to pay 30-40% capital gains tax on gains
umm no retiring is reducing outstanding share count, which improves shareholder value
hmm maybe you missed the part where they POTN is retiring 52% of their share count?
So is the hourly. RSI at ~23. This is way oversold at this price. Time to accumulate more
right? at ~.40 when a conservative short term price target of $1.25 is right around the corner. Thats 3x your investment right now if you buy in. My mind is blown by people that would sell at this low of a level. Oversold on the hourly chart and vastly undervalued at this price
I couldn't agree with you more. I did plenty of research on this company months ago and have added more even on Monday at $0.53. I am confident in this company since they are exceeding my expectations and making all the right moves
they are retiring shares which is the opposite of what you claim. Please stick to facts
I feel you're pain. I had long positions in crypto and just sold everything at the bottom pretty much and sent all my funds to my bank so I couldnt hop back in when it bounced back :/
As far as this stock though I bought up some at .53 on Monday. I know this stock is going up much more than that. This is definitely a good buying opportunity to accumulate more shares
not even close. Technical analysis and fundamental analysis both point to this stock being undervalued right now
that will probably be the bottom. Its going off the whole market right now and the S&P 500 and DOW are all up today bouncing back. Plus it has strong support ~.40 range. This is as cheap as you'll get them before the January numbers and audit IMO
Looking like in the premarket that the overall market will have a bounce today
You are forgetting Lawrence Taylor too
January numbers I am thinking will be released next week and none of us are sure on that audit date. I would rather not speculate and sell only to buy in higher. I've been there and done that and not making that mistake again
Last friday we finished higher so I'm not sure that end of the week logic is correct
I know I am not since I have made it obvious for months now that I am long on this stock. I am just saying for those that are saying "You can't short penny stocks" that they are wrong in saying that since it clearly is possible.
a simple google search on TDAmeritrade shorting penny stocks says otherwise. Im sure other brokers do as well. So yeah, people on here making false claims and bashing a stock constantly are shorts. Why else would they waste their time (time is money) spreading fear and lies? Logic dictates that they are only doing it to line their pockets.
https://www.brokerage-review.com/discount-broker/pennystocks/ameritrade-pennystocks.aspx
This is a great company in an industry only in its infancy and primed to be top dog in it. Hold strong longs
I find it pretty funny that all the shorts came in droves to post immediately one after the other...hmmm multiple accounts? This stock will never reach single digit pennies again. Mark my words. A top 5 company in an industry that is expected to boom over these next few years is not worth pennies. Shorts need to wake up and get on the right side of the fence instead of going against the tide
Im pretty confused where you get that? Maybe to someone uninformed on the company and what is going on in the market than yeah.
different share count and before they aquire Diamond CBD, which is where all their revenues come from now. So again, it will never reach that low of a target
thats never going to happen.
They said previously that they anticipate (key word here as it is out of their control when they are complete) the audit to be done by the 2nd week of February. So shortly we are expected the audit and January numbers. No reason to sell at all if you are only swinging this as this can happen any day now. I'm holding long term. GLTA
Any way you could verify this more than just typing words typed on a message board? It seems to me that this is FAKE news and that the audit will be released soon enough.
Soo its confirmed that shorts are making up more lies about the audit now
If they start accepting crypto payments that would instantly give them more attention and I would imagine that would bring higher revenues as well
blockchain crypto...lol almost every crypto is on a blockchain bar maybe a handful out of thousands.
I mean maybe to day and swing traders. Not for long term investors though
A week is not long at all to wait. I was in this stock since back in November and have added all the way up to this week. Long term is a year plus not a week ;)
and your point? the price target is $1.25 short term. Todays prices are a steal