Total Paint-job on open (premkt to .069) & close
Whenever you see any premarket activity on POTN on a non-news day, it isn't via you & I. There are major chart worshipers that bought in the mid to high 5's who are scared to death of fridays and holidays and are still long too many shares and were forced to paint the open for maximum ROI & paint-job was done on close price to get a good starting-point for tomorrow open's burst for the same thing to happen again. I expect some high order qty dumping again tomorrow and my guess is we're going to hit .0600/.0610 at some point. This is especially possible due to market being closed on 12/25 and lots of ppl being on leave. There was one very high order qty dump today in particular and friday will be shares scoop-up day again. These scum don't like being long too many shares on fridays.
A lot of people talk about other pinks that are in the same HEMP PRODUCTS sector that are literally worthless pump&dumps and yet trade at a higher PPS than POTN. Want to know why? Patterns, patterns, patterns and POTN has a distinguishable & positive future. POTN is too predictable and pattern traders are in our very board among us, looking at the general mood of the board to know when there will be enough ppl here to absorb the volume of the dumps. These pattern traders, they are buying at mid 5's and selling ANYWHERE in the 6's.
I haven't been here for too long and ironically I joined on 4/20 this year, but I saw these patterns prove themselves time and time again for several rounds
Recos for winning:
1) Always maintain a core position.
2) If you have a hunch that a bear raid is going to hit, enter a GTC order to buy anything between .050 and .055. These are giveaway shares.
3) BUY any 5's.
4) If NITE is on the BID and too high on the ASK, they are in absorb-mode and are prepping for a paint-job (like today's premkt) to do some major dumping.
5) If you enter a SELL order and NITE actually answers the call from your brokerage firm and you verify this by recognizing your exact order QTY and LMT price on L2, it means you're selling at the right time because NITE rarely answers the call.
6) If you enter a SELL order and CDEL answers the call, you are generally selling at the right time.
7) If you enter a SELL order and ETRF answers the call, you are generally selling at the wrong time.
8) If your average is > .06, you haven't recognized the pattern yet OR you are daytrader scum OR you are a diehard supporter of POTN and are hoping to contribute to the triggering of an upwards rally. Given the history of us not being able to cause any sustainable rallies, my honest opinion is that it's best to just leave rallies to the manipulators, otherwise you'll buy premium and always see yourself with a negative P&L.
POTN not breaking a certain PPS is a blessing for crumb-snatchers and a curse for any supporters buying in the premium range. So frustrating, unless you find a happy medium between being a crumb-snatching daytrading scumbag and being a supporter.
AI
