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Its still early in the day :)
11-29-17 -New Chart analysis on POTN
what does 420 mean?
It followed by that huge trade above the ask price, HHHHMMMM
what are you guys showing as bid and ask on level 2 and how many?
Why are the MM selling above the ask?
Its not always a full cup and a perfect formation
But what matters is the formation of it, IMO
and there is the handle
cup and handle formation on the daily chart! :)
Lets see where it goes
LONG and very Strong
I see a cup forming on the daily chart
Holding really well IMO
Due a little research on breakout patterns, its healthy to have a pull back before the big push! :)
I agree with 0.0685 number
It might have a pull back but not sure how far back it will go if any
The chart is suggesting continuation of green candle tomorrow
GLTA
LOL! Its red because the price was lower than the even the bid price! (the bid not the ask price)
In every transaction there are buyers and sellers, both are actively involved, only a MM can purchase or sell outside of bid and ask prices. no one else would have access to such a deal or information.
Does my comment make more sense now?
There is another 400k short covering by MM after the close
There is a couple of whales in this right now, they want this to move!
Just a healthy debate my friend
You were saying that its all in the same pie (pizza pie) and I disagree preferred shares are a whole other thing IMO
Those 500k purchases below the bid price are MM covering their short positions!!! we had 3 or 4 of those today :)
My sell point is somewhere around 18-25 on this run
LONG and STRONG--GO GO GO
Exactly!
Not true, its makes a difference how these shares are issued and the fact they have lowered it right now is great sign, there was no reason why they had to do this
Scottrade won't let you trade it until the merger is complete TD in January
You have to buy it with a different broker or wait till then
This is nothing new, many PONT shareholders have had to change accounts to purchase this stock in the past
GO LONGS, the wait is over WEEEEEE!!!!
Maybe thats why its taking so long to complete the audit, they want to make sure its done right!
Anyway, this does not speak for their performance as a whole as I'm they were many audits done satisfactory otherwise they would have been out of business by now.
Lets just wait and see what the audits say, I honestly don't expect those number till 2018 maybe February or March
All just in my humble opinion :)
right, but they are also growing in revenues
I know many companies that have much less revenue with higher floats and trade higher PPS
So what is it that everyone is so worried about? Their debt in comparison is not much either
I do have a question why is the share structure such a big question here? I'm trying to understand, but what is the basis for that concern?
Also didn't the CEO just say in the interview that there was 150 M share a float and 450 M restricted? Why would he say that if it was not true?
Thanks in advance to anyone who can help me learn more about the company
MM not showing it but strong bids are coming in
Huge bit support 900k at 57 and ask is looking very thin! I wonder if someone knows something?
It’s a good problem to have, but I agree they have to figure out their homerun products and knock them out of the park in inventory.
If they give out that kind of a number, that would be fantastic but it’s very ambitious IMO
From experience, they can take the orders on the sold out item and complete the sale when they become available, not sure how management is managing their products though
We are Trading right below the 50 day moving average again, a break of 62 and staying above that would be good for the chart, we have also tested out previous resistance Trent line which is now support a couple of times, which is also very healthy for the chart
Wish that candle would have stayed green where it belonged though, of well :)
Happy Thanksgiving everyone, see you all on a Friday :)
Not delusional, I see all the same things you see
It’s nothing personal, I’m just wary of you’re comments. I’ve learned to be cautious not only of the stock but the people who post about it as well.
I’m not questioning your authority, we are both the same here, I’m questioning the things you are posting
I truly hope that I am wrong, but as BullMarket said, question everything!
Respectfully I don’t have anything against you or anyone who post anything about the stock but as long as they are supported by some or at least little facts.
The 600k figure sounds much more realistic to me
Thanks guys and have a fantastic Thanksgiving ?? cheers
I agree 100%, the number should be good for sure
The interview and the outlook for 2018 was very good as well. I'm LONG for sure
I just don't want to put a number on it and then claim they disappointed because that number was not reached. This company is doing everything right in my opinion and giving information out little at a time.
I can't trust research11 he seems fishy to me constantly flip flopping back and forth. I don't mind whether he is long or short thats his money his choice, just don't like it when he tries to influence the board. Remember all that its all over scenarios over CEO's appointment? Doesn't sit well with me
I love how the market maker pushed this candle down into a red candle with 1200 shares after the market closed.
It shows that they are desperate to keep this down! Today was a green strong candle with good buys at the ask all the way to the end.
It is frustrating for sure!
No one knows how much they did yet, lets not get everyones expectations up and then claim they disappointed if they don't reach that level, I'm only looking for growth, thats it!
I'll say it again, stick to the facts!!! you can say that "they will give out good numbers from the show" but don't make your assumptions everyone elses reallity.
We are all grown up here we can estimate for ourselves.
I have seen you do this a few times on this board unfortunately. FACTS ONLY PLEASE!
1 million is too ambitious in my opinion
Yes, looks strong today, specially for a Wednesday before thanksgiving
apology accepted, thank you
I don't even know what you are talking about now? personal attacks really?
I honestly don't know why it makes a difference to you if I take a break or not :)
charts and level 2 interest me, if my posts bother you on the way the stock is trading you can just ignore them
The better question is why are you spending screen time trying on someone so insignificant as me?
Lets stick to the facts and actual POTN related topics and not waist other people's time with this kind of nonsense
agreed and recommend the same to you :)
WOW!
Level 2
I agree 100% , but it all depends on who is the insane one?
I enjoy what I do, so it doesn't bother me, but its definitely not for everyone :)
LOL, If I didn't watch every tick then I wouldn't be so confident is how strong this stock is trading :)
Its important to know your stock when you are planning on investing so much money in it.
Oh and that thing, being on top of your trades, is called work and it all depends on how committed you are.
I don't recommend anyone putting money in OTC and walking away, JIMO
Long and very strong on POTN
Had to be a buy, the ASK was at 599 at the time and it traded above that
The level 2 is very interesting today, why is it trading above the ask?
Market Makers are trying to keep this down by showing 59 at the ask but are not filling the orders at that price!!!
Any thought?
I agree with you, so many failed attempts to bring this stock down
All of those big blocks sells and stock is still trading side ways. It could only mean one thing "accumulation" there are some big buyers here but they haven't pushed this stock up because they want more shares, IMHO
150 million float trading is not that much, specially for a company with a revenue of 12 million per year
I do agree that it would be better to dilute 50 million shares over 3-6 months to pay off their debts though, but I also understand right now growth is more important.
JIMHO :)
the key is that they are restricted shares which mean they do not trade
Only 150 million shares that can be traded
Good interview, wish the link had our stock symbol on it so it could be found easier