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Yesterday POTN did 6.1 million in volume. Today we are already over 5 million and only in 2 and a half hours of the trading day. Looking very nice
I honestly did a quick search to see if I could dig it up, but couldn't find anything on future guests. It was a relatively quick search though so I wouldn't discount his statement. I'm in this for a different reason altogether. That would just be some icing on the cake honestly. I'm anxiously awaiting the 2018 rev numbers as I am expecting them to be pretty impressive.
RSI's just cooled off for the next leg up on the 5,15,and hourly charts. Looks like a bull flag on the hourly. Healthy consolidation after a significant run on high bull volume.
I am not sure. All I am saying is that it would make sense given that Canada's legalization is over and now the next big thing is the states with the farm bill passage. Also firsthand saw multiple CEO's of OTC companies on his show before. The result of any company in the MJ space always resulted in a pump. Myself and others in a trading group would scout it out and enter based off that alone bc he usually pumped up the space since its in its infancy
I have my shares locked at $2.00. It hit 0.95 last year with far less advancements by the company. Volume is proving everything that this is the trend reversal.
it also is only logical for him to start talking about the US companies now with the recent changes to the federal law given the farm bill making hemp federally legal. This is now the focus
this is where you are wrong. I traded the MJ space for months in a group and he had plenty of companies not trading on larger exchanges on there. I watched his segments and always got in prior bc the show always resulted in a significant pump to the stock and the sector followed with it. TGOD was on there.
building bull volume the true prove it indicator. Capitulation confirmed even more for the trend change
that is extremely significant news! I know first hand how hard they run when his viewers hear about the stock. Every canadian company that was on there received a HUGE pump when they first got on there and this thing is already massively undervalued. I can only imagine the result of it
already over 1.1million in volume traded in only 8 minutes! Big volume day. Saw that huge buy for 489k shares slap the ask
a 489,000 share ask slap?! WOWWW!
the price action and chart looked very strong today for the bulls. Closed extremely close to the high of the day too and on building bull volume.
Even worst case scenario with that loan on a fully diluted basis, this stock would still be trading low compared to other stocks in the sector. I was long this last year at .07 for the big run and have traded it many times in 2018 then. Too many advancements this year suggest a better valuation. When you and I were in last year they did far less in revs and other things like no audit at that time, had more debt, less product lines, less store clients, and more. If this were to go lower it would literally be trading equal to this years revs from a valuation standpoint. Limited risk, huge upside here
I will say congrats to you on FLRF's green day. I have had it on my watchlist to trade, but was in POTN when the entry there looked good. Good luck to you on your position.
Unless he has inside information, I would say its a guess. However they did 14.9 million in 2017, projected to do 22 million for 2018, and if they flatlined in Q4 they would end up with 24 million for 2018. That would show a 46% increase in year over year sales if they only would meet their 22 million goal. If they had flat growth in Q4 they would end up beating 2017's numbers by 60% AND their projection for the year by an extra 14%. Others and myself believe they did even better in Q4. With the absurdly low pps, the valuation on this type of company is extremely undervalued now trading at 2.3x revs if they hit 24 million for the year.
The story here is the year over year growth along with the current valuation on the company. Massively oversold, limited risk, HUGE upside potential.
On the technicals the volume was very significant today. Increasing bull volume, which is a prove it indicator.
whats going on is the stock is coming back to a reasonable pps and valuation. Especially since their revenues have grown significantly since last year. Check out my recent posts. With all the advancements they have made since last year, not a chance in hell they are worth less now after increasing their sales likely 60% for the year compared to 2017
Cant wait to hear the EOY revs. They did 14.9million in 2017 and projected to do 22million for 2018, which would constitute a 46% increase over the previous year. If they flatlined sales for Q4 that would put them at 24million for 2018, which would be a 60% increase over 2017 and beat their projection by an extra 14% in sales. Only trading at 1.9x revs? Easy buy here before that bullish news, which can be literally any day now that 2018 is over. Shorts going to get squeezed big time
actually up 22% now
absolutely has to do with the company. The year just ended and EOY results are coming in and the company is massively undervalued fundamentally. Smart traders are buying this right now instead of being bearish when a bunch of bullish news is coming
I honestly believe that was bottom. If it continues lower the valuation would be = current year revs which would be absurd.
looks like buyers are hopping in before they release the PR for the financials. They did 14.9 million in 2017, projected to do 22 million this year and if they continued flat for Q4 they will beat that forecast by 2 million and 2017s fiscal year by 9 million. Only trading at 1.9x revs. Steal of a price
what has me going wow is the fact that this is trading at only 1.8x annual revenues (if you are conservative with this years revs). Super beat up from a fundamental valuation and technicals show its oversold and great buy entry. That is the real wow factor.
I personally think that this chart as far as entry level looks amazing! Think about this...plenty of support built here last in the last six months of 2017 when this traded between 0.5-.08 that whole time. It traded in that range with much less revenues, no audit at that time, more debt at that time, and without all the advancements we have now.
Now POTN has increased revs significantly. In 2017 they did 14.9 million. This year they did 18 million in just the first 9 months alone! They projected to do 22 million for this year and are on pace to do 24 million. So not only blowing past last years sales, but also beating their projection by a substantial amount! Other things they have done this year that advanced the company are that they settled a good portion of the debt, have been audited twice now, added 400 more retail clients, created more product lines, and more brand exposure through kiosks and the magazine. Take all that into account. The fact that they have significantly grown since 2017 and they are only trading at 1.8x their annual revenue this year? This is absurdly beaten down at this point. If it was worth this valuation on much less advancements, then it surely is worth more now with all the things stated. Vastly oversold not only fundamentally, but the charts show it as well on multiple indicators. Great entry point imo
"Loud noises!"-brick from the movie anchorman.
I sense sarcasm, but I was being serious. Marijuana does not have anything to do with this company. It never has. Maybe in the future it will, but for now hemp now being legal is all that matters
that honestly makes zero sense. This is hemp and CBD related and has absolutely nothing to do with Marijuana. Hemp is now federally legal after 100 years.
Where do you see that? I've seen big buys today and tiny sells. The biggest buy being almost 150k shares slapping the ask and saw literally a single share sell ( a whole .08 cents! whooooaaaa )
As was said, you are talking about another person unrelated to Richard Goulding. This stock is vastly oversold. Now oversold on the 1hr, 4hr, daily and a tick or two away from the weekly now. Those are the technicals so lets also look at the fundamentals. It is trading at a market cap of 1.9x the conservative estimate of $24 million revs for 2018. That is an absurdly low valuation. Think about this...last year it traded in the .05-.08 range for a whole 6 months in the end of 2017. It traded there with almost half the revs and much less advancements in the company such as: half the outstanding debt now settled, 400 additional retail clients, almost 2 years of financials audited, & uplist to follow the 2018 full year audit. We are now the very last trading day of December at bargain prices.
Limited risk and HUGE upside
gladly missed key information? hmm....
This stock traded in the .05-.08 range for a whole six months in the end of 2017. Strong support here. Since then the company has:
-Massively grown revenues already beating 2017 by $4million by Q3
-Settled half of their outstanding debt
-Completed almost 2 years now of audited financials
-Working on uplist once 2nd year of financials complete. (Today is the last day of the year)
-Added more products lines
-Added 400 more retail clients that should be reflected in Q4 revs
Now trading at a valuation of ~$45.6 million ( fact check yourself at https://www.otcmarkets.com/stock/POTN/security ). Only trading at 1.9x 2018 annual revs if you take the conservative approach and give them ~$24 million for the year. I'm personally thinking we will see higher revs than that. They also projected to do $22 million in 2018 so they are looking to not only crush 2017's numbers, but also beat their 2018 projected numbers pretty substantially. Everything screams buy at these levels. Limited risk, huge upside. Good luck to all longs
not at all. They have offered that before over a year ago. There are plenty of businesses that offer that type of sale
None of that is true
So you would want to join them? Next!
Ahh yes throwing around "scam" and "crooks" again with no proof and denying ehat the company had released. People enter the stock market to make money. If you would like to lose money by being "honorable" even when claims are unsubstantiated, then by all means lose money
You may do well to listen yes. Then you wouldn't be covering at a substantially higher price
That's why when run ups happen on low volume I call play by play wheat they are going to do ;) bc I know the psychology
I disagree. Reading charts allows for one to realize what is going on. The general picture. Because if this knowledge I have been able to be a step of two of head of the manipulators whether they be shorts. Bulls. Or market makers. Volume is a prove it indicator. Higher volume than last week and we had 1.5 less trading days and holiday week on top of it where people go on vacations. Even a blind man can see the value here now
Actually as history has shown charts always matter. Neglecting charts are foolish
Hahahaha it was in the same scenario as POTN is now. Oversold on 1hr, 4hr, and daily. Trading below 2x revs. And high volume. That is why I made the comparison. Yet another instance where the stars align
Perhaps I would head the warnings, but I know the game and I remember the bad talk in RSHN before i made 300% on the pop that I knew was coming. I'm no rookie :)
Markets can be irrational and thats where smart investors and traders step in ;) everything signals a buy. Both fundamentals and technicals.