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No prob. Happy to be here with you guys to ride ODYY to the moon!
The volume this month is significantly up from the prior 6 and couple that with some solid gains in pps, near term outlook looking good on the chart.
Looks like a slight upward trend on increasing volume. Pretty good set up for a moonshot.
That's huge news. Medication stability = better profit margin because you won't have to ship it in refrigerated vehicles. Also, it should result in higher sales. For example the US military could supply Prevacus to field medics without concern of the drug getting ruined by extreme temperatures.
Volume trending up, the run hasn't occurred yet. Not too late to get in.
Brett Favre is involved with Prevacus, so now he is involved in ODYY which should help the stock movement!
Nice bounce today. Looking like another run brewing...
Once more people see the Prevacus acquisition ODYY could jump exponentially. It went up 50% on relatively low volume. Feeding frenzy coming soon?
ODYY on the up and up. Acquisition of Prevacus is huge. Prevacus is starting FDA trials to be THE ONLY approved medication for concussion and traumatic brain injury in THE WORLD. Will be worth billions if it gets through FDA testing. On the news this AM ODYY already up over 50% today.
I feel your pain man. I'm up there too.
Is there a way to sue those implicated in the scheme for realized losses? I took a haircut
Approaching the 90 day moving average (MA)... Interesting to see if we get another quick run up if we cross it.
I'm out. Very dissapointed in POTN. I was able to justify holding on as it seemed like the company had great growth potential. The drop in revenue QOQ and likely YOY shows otherwise. Too many red flags to hold on to something with declining revenues imo.
Those are 3rd party sellers on Amazon
Honestly I was expecting a bigger drop this morning. I'm long, but I expect that the short-term price will go down with the uncertainty brought by the caveat emptor sign. If/when POTN is cleared of any wrongdoing there will be an upward correction. Depending on Q2 financials, uplist, etc it could have big potential.
That must be why we are green today. Makes total sense...
Didn't you talk about POTN being shut down because of the FBI case against CV an hour ago?!!
Very low volume again. The MMs have been allowing low volume increases the last several trading days. For a while they have been using big dumps on low volume days to lower the pps. Something has changed...
It actually doesn't say that they produce the products in the article. R+D and marketing is what they said. Development of products does not necessarily mean that you manufacture them
One reason for the convoluted corporate structure is asset protection. From an asset protection standpoint having a holdings company that owns multiple subsidiaries is very beneficial. Most of the cash stays in the holdings company. If someone wants to sue the company for something related to Diamond CBD they can only go after what is in Diamond's bank account and it is much harder to go after the holdings company (where the majority of the money is actually located).
Yes. We literally discussed this yesterday.
Not to mention a reversal on the chart, so long as we keep some of the latest gain.
For a huge gain from 2 days ago. I would take that any day. If it is repeated it will stairstep upwards and be a perfect chart.
So going up 50% in a day and then seeing a reasonable 14% the following day is not a good week?!! Let me get this straight, a 36% net gain in 2 days is not considered good to you? What a ridiculous statement.
The yield sign will go away today now that they are fully reporting. The promotion sign has been there and should be going away soon.
Profit taking and a few people inpatient about the uplist. If it can get back to yesterday's EOD price in the next hour or two we could see the next leg up
RIP to all those who succumbed to fear selling. It is never a good strategy.
I ordered June 2nd. There have been 399,999 orders between us in 20 days. That equals just at 20,000 orders per day. Not sure what the average order amount is. Seems like good purchase volume to me.
NFreed, you win the bet. POTN is not equal or greater then 0.3, unless there is a miracle today.
Haha. Did somebody just lose money by panic selling again?!!
My projections presumably only include internet sales and not wholesale and in-store sales which we know are increasing based on other PRs. Despite the SP looking like crap, the Q2 financials should look very good. Could be a good buying opportunity now.
I ordered on 6/2 and my order # was 426492. So in 6 days there were 7,650 orders. That is 1,275 orders per day. If the average order is $50 then they are making $63,750 daily and about $1,976,250 per month. At $75 it is $95,625 daily and $2,964,375 per month. If the average person is like me and spends over $100 per order to take advantage of free shipping then the numbers are a ridiculous $127,500 daily and $3,952,500 per month. The most recent PR stated $1,100,000 for the month of May which is well below the low guestimate of $50 per order. It seems safe to say that sales are increasing and the June and quarterly numbers should be impressive.
Even if you are not a fan of the company, to say that it is worth nothing with $25 million audited annual revenues is a ridiculous statement.
Just ordered minutes ago. Order #426492
My dream scenario here is that they don't release the quarterly until after closing and I get to pick up another 200k shares before the run.
In addition to the chocolate it looks like they also put out CBD infused dried fruits. All good products that I'm excited to see but truth be told, it's hard to care that much until we see Q1 financials.
Are Q1 results the late if not published today?
I agree with you 100 percent. That is exactly how I voted. I personally do not know Mona Jr but I think it is best if we move beyond the Mona's for the shareholders stake. I also voted "no" on the evergreen proposal as that gives management the green light on diluting shareholders. They lost some of my confidence with the giant Mona payment and I do not want to give them the evergreen light to continue to the same.