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.
Morning doog
glad to see you chime in.
Not the same here without your valuable comments and DD
it was much appreciated
hope all is well
GLTA
Doog, you are exactly right !!
I like others were disappointed in the extension, However
I was able to double my position when the price dropped
not that I have a ton of shares , but I now have twice as
much and I doubt I would have it, if not for the drop due to the extension .
So yes...this was a blessing
of coarse time will tell when this all unfolds
if this was the right choice...But with all the DD here
I'm loving our chances....GLTA
Agreed!!
Our day will come...and I will be here when it does
GLTA
Been invested here for a few months now
and I read the post her daily, its kind of a routine for me.
I very much appreciate all the great DD posted
here by Doog ,BBW and several others on this board.
I have averaged down since I started here and I was finally
in the green this week until today ...hahahaha
Please keep up the great DD its very much appreciated
and I will continue to hold until this plays out in the up coming weeks, months and years.
GLTA
I hope your right ....
if this drop much more ill be back to even..hahaha
time to turn the computer off
ill check back next week and hope for the best
Good luck to all
I Must say eslifesvr
I have been in this stock for a few months now
I don't really post much ,but today with your posts
I must say I was like on the edge of my seat
waiting to see what was going to happen next...:)
This was better than watching a monster movie..hahaha
I will be looking forward to the next episode tomorrow
Keep it going!!!
GLTA
Morning all
Great to see the merger is complete :)
AWESOME NEWS!!
I must admit I was expecting alot more volume
and a higher share price at this point when the Merger
was complete.
I guess it will take a little time for this
Great News to get out.
oh well ..we will get there.
GLTA
ok im now in the red again....hahahaha
wont be the first time , and I didn't sell then either.
Well time to shut down the old computer, and check back
in a week or 2
GLTA
OH...OK
Nothing to worry then :)
Thank you for the response
Go...OMVS
GLTA
just checking in...
Did I miss something important
that is dropping the price today????
Especially with all the great news on the horizon
GLTA
07up
I agree 100% with your statement
In life not all things go according to a plan
I wish they would, but that isn't realistic..
if we get the news today or tomorrow that would be awesome :)
If not, and they need a little more time to wrap this up
im not worried
It will happen, and ill be here riding the wave
when it does :)
GLTA
I myself have not sold at all
not one share...
GLTA
I Totally Agree!!
GLTA
This is one of the reasons I believe
we will have a great POWER HOUR!!
I don't believe any short will want to be
caught short going into the weekend
and get Caught chasing on Monday
GLTA
thanks
Been staring at the screen all day
getting jumpy for some excitement ....hahaha
never mind...just saw a trade go through :)
did this get haulted??
trading seem to have all of a sudden stopped...??
Lets see it we can get a strong finish today
on this last hour ...GO..OMVS
GLTA
lookoveryourshoulder
You called it Great job !!! :)
Wow !!!....I don't know if I would be able to handle that
kind of a swing
I have all I can afford in OMVS and its not even close
to what you have,
and I've been VERY STRESSED ever since the drop
but I didn't sell...
Another penny and a half and im even..hahaha
Now next week show me the $$$...hahaha
GLTA
morning all!!
Just had to take a peek to see whats happening.
All I can say is that I rode this all the way down from .18
I guess ill just have to ride it back up...hahaha
GLTA
I cant watch this any more today..:(
hoping for a better day tomorrow...
GLTA
that's right..will do :)
im just a small time investor
purchased with what powder I had in the .18's
Now I will just sit and wait...
Good luck to you ...I really wish you the best
on your endeavors .. :)
Hi lookoveryourshoulder'
Im sorry I cant send Private messages
But that is great for you ..wish I could say the same hahaha
good luck!!
I guess you can say this is the drop before the pop??
or is this the darkest before the dawn...
I guess either one will work hahaha
GLTA
wow..just checked in
Tough day on good news...wish I had more powder..
now I will just need to wait just to break even
GLTA
I hope so
Im new to this stock, and got in at .18
and then this happened...wish I would of waited, but it was just to tempting
hahahaha
GLTA
I just listen to the interview
I must say, I'm really impressed
on there plans for the future.
which makes me very happy to be invested here
Looks like they have there ducks in a row
Its like we are at the beginning of a company
that will soon be a major player in the future.
Which is why it still makes me wonder why we are
where we are in the share price...should be much, much more.
Im sure others out there will soon realize how undervalued
POTN is and invest.
GLTA
YEP...JUST LIKE I WAS MENTIONING EARLIER TODAY....
VERY FRUSTRATING
its just frustrating
to see a company that is showing these kinda sales #'s
month after month runs up to .08 +
but then retracks right back under .08
I believe this has happened a couple of times now, at least since I've been invested here a couple of months now.
I wonder what will it take to get POTN over .08 and stay there
I guess time will tell
GLTA
Wow...a little over 6 mil. shares traded in an hour
and we are still under .08
Don't understand this.....
Morning Everyone...
Just a thought
and I may be way off base here, unless I missed something
but here is what I've been thinking
I know there has been some concerns about the sales
for the month of June not being as Strong as previous months
due to the gummies being out of stock for 2 weeks or so.
Im assuming that POTN would have some sort of projection
on sales as to what they expect to sell every month for all there products they sell
which would lead to how much products to keep in stock
I was thinking what IF they actual sold all of there allotted
amount of gummies in the first week or 2 due to the extreme
demand for the product which caused this
out of stock condition??
That would lead me to believe (if all the other products repeated there previous monthly sales)
That they could of in fact just Exceeded their monthly
sales once again...
Anyhow just my thought
GLTA ...Go POTN
Hi Jack
im new to POTN
I also find this article worth repeating
After reading this im still amazed we are still fighting to get over .08...GLTA
http://marijuanastocks.com/marijuana-stocks-one-cbd-company-outpacing-industry-leaders/
Marijuana Stocks: One CBD Company That Could Be Outpacing Industry Leaders
Marijuana Sector News
Jun 29, 2017
0 730
marijuana stock
Among the many segments of the marijuana industry that marijuana stock traders pay attention to, CBD or cannabidiol has taken on a major role. This is not only for its biotech-based applications but also for its uses outside of the health sciences sector. And with the growth that the market is projected t to see, CBD companies are definitely in the spotlight for the foreseeable future.
One Marijuana Stock that has been attracting the attention of marijuana investors has been Potnetwork Holdings, Inc. (POTN). Now don’t let the name fool you, this company, through its subsidiary First Capital Venture Co., owns Diamond CBD Inc.;
Over the last few months, POTN has been breaking barriers with its CBD brand while also hitting major milestones for the better part of the first half of the year. What could be best of all is that 2017 may already have the stage set for a record setting period in POTN’s company history.
Big Growth Already In Play?
In May of this year (2017) the company announced that it had realized first quarter figures that exceeded expectation by over $100,000, for a total of $1,858,347.48. They also established a merchandising pipeline of 7,000 authorized retail vendors through its distribution channels, which puts Diamond CBD at approximately 10,000 stores in the United States.
If this wasn’t enough, POTN further catapulted off of this first quarter momentum by recognizing over $2million from April to mid-May with a pace set to outshine the first quarter figure by a relatively large margin. Even assuming this rate of revenue generation and accounting for zero growth or contraction in revenues, POTN could be an $11million company by year’s end. Again this is assuming the company holds this course and does about $1million in revenue per month.
Let’s compare just by Revenue Figures Alone From Most Recent Annual Filings:
v Medical Marijuana, Inc.
$8.00m (Annual, 2016) Market Cap: $264.7M
v Rocky Mountain High Brands, Inc.
$1.08m (Annual, 2016) Market Cap: $ 53.4M
v mCig, Inc.
$4.5m (Annual, 2017) Market Cap: $ 70.0M
v Axim Biotechnologies, Inc.
$0.047m (Annual, 2016) Market Cap: $551.4M
Now look at these figures, the multiples are astronomical compared to their market caps:
•mCig trades at roughly 15.5 times revenue
•Medical Marijuana Inc. trades at nearly 33 times revenue
•Rocky Mountain trades over 49.4 times revenue
•Axim is trading at an astronomical 11,732 times revenue!
Now look at the same situation for Potnetwork. We can look at the 2016 annual for apples to apples comparison but the real story comes when you consider that Diamond CBD is now its subsidiary (which we’ll get into in a moment).
v Potnetwork Holding, Inc.
$1.03m (Annual, 2016) Market Cap: $38.2M
Even with last year being a slower year for the company, which could be attributed to the company’s future outlook and its uncertainty, Potnetwork had only traded at roughly 4 times revenue.
Now, let’s take into account the company’s last few months of announcements. By the figures given, it’s assumed that as of the end of May, Potnetwork revenue was in the ballpark of roughly $3.86m on a conservative estimate based on Q1 revenue and May revenues of over $1million: first quarter 2017 revenue of $1,858,347.48, “over $1 Million in April,” and “over $1Million for May.”
Price Target Given: $0.25
Being that this will be the first time that Diamond’s operations will be under the POTN flag, we can look at a brief snapshot of the company, at least from a first half standpoint of this year.
Even by just assuming that this company sees zero growth ahead and an outstanding share count of even 600m, at current prices of roughly $0.08, POTN would be a $48m market cap company with revenues of roughly $3.86m; only 12 times revenue.
But so far this year, a “zero growth” scenario has not been the case at all. In fact, based on recent announcements, growth for the company has been very pronounced so far. This is most likely a big reason why analysts are finding that the valuation for POTN is low right now. SeeThru Equity initiated coverage on Potnnetwork Holdings and recently gave a price target of $0.25. Meanwhile, the company continues to hit the convention circuit to build attention around the investment side of Potnetwork & Diamond CBD’s company as well as the actual product side of the business through countless tradeshow appearances.
And just recently the company announced that it has sold 80,000 Chill gummies since taking to the roadshow circuit. And currently POTN is “re stocking” over a two-week period to re-up its inventory of this brand.
The takeaway? In our opinion, compared to other presumed “industry leaders,” POTN is still trading at a fraction of the revenue multiple that these other companies are. Additionally, based on announcements, it doesn’t appear that the company, with Diamond CBD, is closing the doors and stopping its revenue growth anytime soon. This could be one of the more, if not the most undervalued CBD stocks in the market right now and the fundamentals show rapid growth projected along the way.
“We are ecstatic with our results. We have learned to set our expectations high. As a result of the timing of CBD’s growing popularity and the quality of our products, our products are consistently met with reseller and consumer enthusiasm resulting in continuous escalating sales.”
-Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.
The opportunity for taking advantage of the growth that CBD is beginning to see could be important to take into consideration. Figures estimate that the CBD market will grow to a $2.1 billion market in sales by 2020. That’s a 700% increase from 2016.
Think about this for a moment: POTN is already growing and is expecting to continue this growth for the year, according to several announcements already made during the last few months…this is all going to happen during a time where the CBD industry as a whole is also anticipating significant growth.
Having already come off of a banner quarter, we think that preliminary guidance from the company would suggest that this is something to be paying close attention to during the second half of 2017.
Morning RockyTen
Don't worry , its all good
I for one really enjoy reading your post
and its VERY MUCH Appreciated.
Please keep the charts and your analyst coming
I may not be posting as much as others here
but I read this message board everyday
especially when I see a new post from you
Thanks again
GLTA..lets get this ball rolling..Go TTCM
HAHAHAHAHA
Very good...hey that just gave me and ideal about my house
hmmmm....hahahahaha
GLTA
Thank you KashKat
I know what you mean and I keep reminding myself
it will all turn around soon...
No way im selling especially at these prices
this is my best bet for retirement.
and again ..I NEED TO STOP LOOKING AT THE PPS....hahaha
GLTA
HI all
I must say im starting to get a little nervous
on this pps, didn't expect it to go this low.
im really in the red now on paper...good grief
Don't know what to make of this....
time will tell
GLTA
Yes..I agree
That is why im invested here, because I to believe he will
make this all happen ...Its only a matter of time.
GLTA
Im with you on that comment :)
GLTA