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Vacamel please hush!!! we adults are trying to talk.
Upordown, I have read with great interest your many previous post. I certainly can't deny your veiled assertion that I may have a lot to learn.
However judging by the quality of your aforementioned post I must say, at the risk of your deep disappointment, that it won't be from you.
Walkinclouds yes I see the children gleefully running, jumping, and playing. They deserve this day of sunshine after all the rain they have had lately, and I am happy for them.
However I will wait for the report cards to come out before deciding whether to join them or not.
Vacamel please keep the playground remarks on the playground, this board is for adults, would appreciate it if you would respect that.
Wonder why the rush to release revenue numbers early, instead of working to release the financial numbers of which they are now late.
Here goes...I will use POTN as an example.....the fins you have been seeing POTN release are unaudited statements...(done by a accountant that most likely works in-house and gets paid by POTN)...Now they are going to get audited fins (looked over by a independent accountant/CPA)....The audit can be certified, uncertified, qualified, or unqualified.
Certified takes longer and is more expensive because it is more complete etc (independant verification of receivables and payables, assets and so much more).
A audit like POTN is talking about is very very likely uncertified...The independent CPA (East west) will go over the books, make sure things are classified correctly, timing of stated receivables and payables is correct, insurance, depreciation, reconcile cash, etc are calculated correctly etc etc...when he feels reasonably sure the statement is accurate he will issue uncertified fins.
This is just a outline...there's a lot more to it than that but this is all I have time for.
Wrong again.
A quarterly audit does not take 3-4 months...takes very little knowledge to know that.
Oh I know what that is....the river on the map is where the shareholders are going to drown management if they don't come out with fins soon.
OR WHAT?...It is not 100% possible for every public co to be able to file fins within 45 days since the beginning of time. So there must be a "or what"...My guess is a ocassionally allowed exception with the filing of some kinda extension form.
That being said, the investing public is not too crazy about late fins...is perceived as lack of internal controls.
jmo
Course the other thing is they may come out with fins today, who knows.
As I said the other day I am not holding POTN thru fins reporting.
That's when it dropped to where we are now....actually I'm not convinced that the hard date for release is now...jmo
You saw what happened when they delayed revenue numbers, so I certainly don't think a delay of fins will help it.
Also on Amtd I have put in buy orders just a hair above the bid and had them fill.
AON however by it's very nature can somewhat hinder the execution of your order.
Also if you want to hide your order put it in AON and it will not show up on level2
I used to do simple limit orders but every once in a while it would execute with 1 or 2 shares and charge me the full commission...then I would have to stop what I was doing, call Ameritrade, bitch, and get my commission money back...now 99% of the time my orders are limit AON
XXII...."In 2018, we will add our proprietary zero-THC hemp plants to our hemp program with UVA and we will expand our hemp activities in New York and other areas across the United States; these projects will continue to spotlight 22nd Century as a leader in the rapidly emerging industrial hemp and medical marijuana markets."
PR 11/07/2017
Research Shows That Sales of CBD Products are Growing Rapidly
THIS IS NOT A RECOMMENDATION TO BUY OR SELL
XXII has CBD oil with 0 (zero) THC in it....even Sessions can't touch that.
Who wants to take at guess what profit/loss will be....we already know the revenue.
WIC I decided not to hold this one though earnings, but I certainly wise luck to all those who will.
So WIC what is your average pps
Real life on message boards
Some times the guys telling you how great a stock is are the very same people who are trying to sell the stock to you. They are touting the stock to hold the price up so they can get you to pay them the highest possible price.
The people trashing a stock may be doing so to get you to jump on the bandwagon selling the stock so they can get in at a lower price.
This is why you never let someone else spend your money for you.
Think for yourself.
Turn off the noise and throw the pom poms in the garbage.
Stay diversified..don't put a ton of your account into any single stock no matter how good the story looks.
If you buy a stock and go on a chat line and everyone is farting rainbows about the company, make sure you look at both sides of the coin...post your feelings, and then look to see what kind of response you get.
If you are called names and accused of being a "non-believer" etc ignore those people, they are either trying to steal your hard earned cash or they are too stupid to weigh the cons every stock has.
DO YOUR OWN RESEARCH SO THAT YOU ARE A INFORMED INVESTOR!!!
You'll see....let me know how it goes
Smooth also tell them you are going to be trading more and that's one of the reasons you need a lower rate...don't lead with that but it will come up just be prepared to jack it up a little...don't be bashful
You're welcome smooth...good luck with it.
I don't know about the other brokers cause I had no reason to try them...way back when everyone else was paying Ameritrade $9-$10 per trade I was paying $5 just for asking.
Actually Ameritrade has a great trading platform as far as I am concerned
Ask them how long you would have to close your account down and go to another broker to be considered a new customer that gets all that stuff they are offering to new accounts IF you came back to them....then tell them why do all that work to re-set up your account, just give you a break and you will stay with them..etc etc
I pay $4.25 per trade and get level2, last sale, pretty much all the extras and they gave me 25 free trades...I asked for 100 but 25 was what I got....gotta stick to your guns...stay on the phone and waste a little of their time.
Earnings out on Nov 15th.....I see we all agree.
Can't believe some of you don't have level2...Transfer your acct to Ameritrade ...bargin with them on price per trade, level2 etc...you can get it easily.
WIC pleasssse take 2 chill gummies before posting......lol jk
Carm that's what I thought
If it were actually news it would be news for easy grinder seller (VPOR). Seems for POTN the money would have been better spent advertising to their potenial customers rather than to their stockholders. (and yes I know some of their stockholders are customers)
Side note:
There was a OTC company years ago that put out so many pr's that one day they came out with a "pr" saying they apologized for not having a pr to put out that day.
Simply for educations sake
"Businesswire charges $760 for the first 400 words in your press release for a US Distribution. They then charge $195 for every additional 100 words and an additional $95 for amplified visibility, engagement, analytics and measurement, that’s automatically added in. Attaching your company’s logo is free, but adding an additional multimedia file will cost you $425 for the first file and another $225 for each additional. These prices increase annually so, as you might imagine, Businesswire releases get pricey very quickly."
WIC He bought the farm the other day...here's a link to a article on him.
https://www.occnewspaper.com/medical-marijuana-inc-founder-killed-car-crash/
MJNA down over 18% today...founder was a total scammer.
He was "Under indictment for 19 Counts of Mail Fraud and 31 Counts of Wire Fraud in the Eastern District of California (Case 2:12-cr-00315)" and had "Extensive history of being named a defendant in civil litigation regarding mortgage shenanigans and other fraudulent behavior."
People who blindly consider themselves "believers" are easy prey for these guys.
Invest with your eyes wide open and remember rule #1 is capital preservation.
WIC That's a little over the top ... Don't ya think
I'm not buying till the financials come out...total risk doing otherwise....market expecting them out around 11/15.. If delayed POTN becomes even more of a "bargin" and wanders lower till they do come out and then it depends on what is in them.
Too many people here in denial that there could be a down side to POTN...could be a very harmful way to approach to the stock market.
Pollyannas' may now attack.
Yahoo showing book value at .88 so here is a chance to buy it just above book...great.
Smooth, Jeff Sessions may be the best thing to happen to POTN and other CBD players
He has on occasions been dubious on the status of CBD...let's say tomorrow he came out and said....I got a call from a man named PirateGary and he has convinced me to pronounce CBD products from this day forward, under all circumstances, to be legal.
All of a sudden the big companies of corporate america are unrestained and freed from stigma. They can manufacture CBD products on a grand scale and deposit all that profit, uninhibited, into the banks of America.
The fragmented small businesses that are the landscape of the present CBD market now have some real competion that is out of their league entirely.
To me the present situation is very close to the sweet spot in the CBD arena.
Opposing opinions are welcome.
Not fair to criticize someone just because you disagree with them. Hard to think of someone as dumb who can rise to be AG of the country.
Might want to choose another approach to DD.