I guess it’s all pure risk and speculative investing. We have seen signs and proof that Diamond is trying to make their mark in CBD. The problem is that these small companies have to take major steps back before moving forward.
I will admit to putting too much into this having trust that the runs to .2 were signs that the .10 - .12 areas were somewhat safe. My ave right now is .1015. Not good. Not a good sign to see this go back to 2017 levels.
$POTN is no day traders type of play. If some of you jumped in at low .07s or .06s... hoping to flip. Well! You should have known your investment risk. I simply used them to Ave down to the .10 area.
Sure hope the promoters get paid and the debt is becoming less. Ultimately! I have a ton here to lose as well. But $POTN is only 10% of my entire portfolio. Scary stuff.
The upside: they are in s sector that was overbought much like bitcoin. The good thing is that CBD and the sector has real products. Diamond has invested in marketing that should be good enough to get this going.
I laugh sometimes sarcastically reading “long and strong till 2029”. The reality of that may be true if you believe in investments.
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