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chart is set up nicely (potential for major run) hopefully we get some good news this morning to push it into .17 to .21 range today
Also noticed we have some pre-market buying which was happening last time we hit .21... news is imminent IMO
Hoping for an "Extra" FAT TUESDAY, extra phat stacks of cash!!! Catalyst for $POTN are about to be rolling in non-stop
And Up-listing with audited fins
Champs Trade Show is going well, I think AB "Mr. Big chest" should join $POTN #BusinessIsBoomin
Champs Trade Show
This has been echoed for weeks now, but all I see is .16 holding STRONG!!! .20 has been tested multiple times and will be tested again before the next leg up to .30
.20 is the new .10 ;)
Love the slow steady churn upward! $GTBIF is going to be a beast in the U.S. marijuana space as more states adopt MJ laws, while also continuing to head towards total federal legalization!
RISE on TOP!
Ready to retest .206-.208, recent highs on Feb 6 and 13th
PR released this morning hasn't hit all the outlets yet, when it does this moves higher IMO
$POTN 2017 annual financials were audited and the 2018 financials are expected to be as well, with the information shared today about needing 2 years to up-list and the prior comments by CEO about up-listing in the first quarter of 2019, I think we can see where this is heading!
Dec. 13th PR
OTC Market POTN
"The Company plans to file an updated Registration Statement upon its completion of its 2018 audit, anticipated to occur before the end of the first calendar quarter of 2019."
Link to audited Financials $POTN
Potnetwork Financials
"W"here's "T"he "F"inancials?
$CGC was scheduled to release yesterday at 4 PM and they didn't post earnings until this morning... I think we have a similar set up with $POTN, allowing one last chance for people to get in today IMO
This is about to be an insane buy under .16 cents, after earnings I think we see .32 cents; A 100% profit
$POTN earnings can still come out after 4 PM. This has been doing 2 steps forward and 1 step back all week, no concern here besides the possibility of opportunity lost not buying more shares at these discount prices. Tuesday will be filled with lots of people chasing IMO, as earnings should be released today or sometime over the weekend!
Vegas is 3 hours behind the Markets, nice find tho, we’ll probably hear more in the coming weeks!
Lunch hour, slight sell off. Great time to get in before new highs at end of day! .23 up next
Article out on yahoo talks about $POTN & others
Yahoo: CBD Market Now Supercritical
Nice find! This is what others have already seen/noticed across different websites and trading platforms, should make for an exciting week!
Check my post #158374 or this link for answers
$POTN
I think $POTN is actually approaching this the right way in terms of pricing/retail. For those that know the industry and pricing structure $POTN appears more expensive than some other CBD companies, but if you follow $POTN at all you would know that they offer many discount codes for 50%,Etc. They also have a much larger selection of products and more importantly flavors! These flavors are a competitive advantage and are also more appealing to people who have never tried CBD or haven't been medically recommended to use CBD. When the discounts are applied to the pricing, $POTN actually comes in cheaper per MG and offers many more flavors and applications compared to others within the industry, that's part of the reason they are "higher prices" SELECTION IMO
Anyone got a discount code for this guy to try the products out and see for himself
Best snippet from that PR "The Company plans to file an updated Registration Statement upon its completion of its 2018 audit, anticipated to occur before the end of the first calendar quarter of 2019." 7 weeks until end of first calendar quarter of 2019...times ticking. Also interesting from the article is "The withdrawal of the Form 10 will also delay the Company's uplisting to OTCQB as the Company cannot apply for an uplisting until its Form 10 Registration Statement is declared effective." The expected 4Q earnings and a newly submitted Form 10 would do wonders for moving the PPS to new highs & after the 30 day quite period, it could present the possibility to be able to double down or reinvest, yet again in preparation for uplisting to QB
Lots of catalyst for $POTN in 2019
Chart says its time for this to run again, I think we see heavy buying later in the day closing above yesterdays high of .18 and ready to test .21 again on Monday
A lot of speculation 4Q audited FINs will be out next week, this might be your last chance to load or reload $POTN! Also have the chance of Up-listing and also being added to the Canadian Securities Exchange before long
Likewise, bought more immediately at the 10:40 AM sell off around .16
Any body else have the feeling that this is going to POP the F off later as we approach close, igniting the SQUEEZE we've been waiting for? Something strange is happening here and it isn't just the run-up before earnings on little to no news, its BIGGER than that IMO
Think of all the late buys yesterday as we approached close??? hummm....
Agreed. Think we close right around .18 for the day, closing higher than yesterday and still primed to run at any moment
Bull Flag forming, ready for another run with news or no news! Just wait until the earning hit
RSI has come down on consolidation and this is looking great!!! $POTN
Need more large block buys to keep the shorts in full on panic, we are close to blowing the lid off this!!! If we get past .23 we should hit .33 shortly after and hopefully begin the next leg tomorrow. Don't be surprised by sideways trading later in the day as this needs to consolidate slightly before it makes the MONSTER MOVE! $POTN
Points of resistance:
.23
.33
.407
.485
.73
Burn the shorts!
$POTN
Can we acknowledge this article please The Farm Bill Has Made 2019 The Year Of CBD. I truly believe this is one of the better reads regarding $POTN, the article and the report hyperlinked (Harbinger Report) within the article show the true value & potential of $POTN
It wants to run again! Its getting ready to pop
.15 hit should run all the way up to .1675
Gotta get past .1675
Great Article and the report hyperlinked within the text is superb! They have a great description of the future growth for $POTN and outlook thru 2021
Favortite Snippet from Report "The last decade has brought a major threat to big tobacco, namely the e-cigarette. Just last month, however, the world’s fourth-largest tobacco company (Altria) purchased a 35% stake in leading e-cigarette maker Juul Labs for $12.8 billion, implying a total value for Juul of 18.3x trailing sales. Altria concurrently discontinued its own e-cigarette products. We believe Altria made this investment because of Juul’s well-established brand leadership position, despite the fact Altria’s revenues are approximately 10x those of Juul. Given POTN’s brand-leadership in the CBD product industry, which should strengthen to a great degree in 2019, we think such an investment or outright buyout of POTN by a major consumer products conglomerate is a very real possibility at some point in the future. "
We are currently in a position where their should be little to no selling (hope you shorts get burned) as this pps movement is all in anticipation of $POTN earnings. So until we hear about said earnings, I expect and hope everyone holds their shares close and I encourage you to think about what you are going to do with your $POTN shares that will be worth $1+ in the near future. Good luck and don't let anyone shake your $POTN nest from your tree, this is going to be good! NO REASON TO SELL UNTIL REVENUES ARE RELEASED
Appreciate the follow & I will return the favor! Good Luck to all the $POTN Longs
Right there with you brother, If people truly understood how undervalued this is no one in their right mind would sell for 20-30%, this is justified for 200-300%
We should be on the BREAKOUT BOARD where the hell is everybody and wheres the excitement! Its officially $POTN SEASON
I was hoping to cross .121 today (easily obtained), but now I'm shooting for .1675 as our next major level of resistance... (forward-thinking) If we get past .329 this is going to $1 quickly!
Good Luck everyone $POTN