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billytbone

06/26/19 11:29 AM

#168724 RE: ivarga #168723

Yup, it could decide that it's worth 4 cents.
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Striker7

06/26/19 4:18 PM

#168772 RE: ivarga #168723

Ivarga - the small/micro cap market proves daily it does not have a clue. I KNOW POTN doing $25+ mil in revs is not worth more than CVSI's 7+x trailing revs. I KNOW POTN is worth more than 1.5x trailing revs. I know POTN has little debt. I know POTN has a franchise in Diamond worth more than the entire company.

I know regression to the mean is an awesome trade. I know when the Pot sector and specifically POTN bottoms there will be an amazing opportunity.

4 cts is a possibility and so is 20cts. It just doesnt take much guts to make a call on 4cts when it is a penny away. So Ill stand with you on going back to the teens when the pot sector as a whole bottoms out.