Oh that's Awesome!
Thanks to you both!
Now I understand perfectly, and it's funny because that was what I was suspecting of happening in a way. It was the only thing that really made sense. Why wasn't it going up on all the good news and the huge increases in revenues?
Now that I understand it that leads to my next thought or two...
If indeed, accumulation is happening, it merely means that big money is consolidating a position and shaking out weak investors at the same time. The float, being so high provides MM's with the ammo to control the bid and ask.... hmmm it's blatant collusion and I'm sure illegal!
There are Laws that apply to everything in life and stocks are no exception. If something is not allowed to move freely in the direction that it wishes to go, then forces build up and then when the restraint is removed...
whoosh! That's the sound of POTN going up way past it's book value because it was held down so long and it must then thus "correct itself", the Universe requires balance and what swings out wide one way must come back and swing out wide the opposite way. Call it "stock karma" every action provokes a equal and opposite reaction. I don't make this stuff up. It's my understanding of the Laws. You can make a correlation with the Feds and Pot Prohibition in real life. It's evil and wrong on so many levels! When it corrects finally, the imbalance we are witnessing now, the FORCE required to break through that BARRIER, is the correlating force we will see in the stock prices of MANY weed stocks, not just $POTN.
The Company is owned by the shareholders who hold the stock. Anyone who reads this today better think long and hard about dumping this stock now. It's a very EXERCISE IN PATIENCE and LONGSUFFERING!
GOOD THINGS COME TO THOSE WHO WAIT - My Grandfather, God rest his soul, hammered that mantra into my head over and over.
I'm getting sidetracked here. Possibly because I enjoyed a nice hit of OG indica vape! Lmao!
Welp! Nothing else to do here except continue the accumulation and take advantage of the artificially lowered price. Justin really hit it spot on with his analysis and now, I may just start doing the same type of things myself.
When in Rome, do as the Romans.
Long and Strong on $POTN
GLTA - WIC
