Replies to post #174300 on Potnetwork Holdings Inc. (fka POTN)

[Striker7]

.06 is well within reason.

If POTN was trading at the same valuation as CVSI ... which is down 80% ... POTN would be pushing 10 cts.

The entire sector has been crushed. Just flat out ugly.

That will change. I remember when POTN was trading at 1 cent and the talk of them going out of business and how much of a scam they were.

Then when it hit $1 I remember the talk about how they were going to $20 and everyone would be retiring.

Truth is its not a 1 cent stock and its not a $20 stock. And in my opinion based on relative value to their industry it is definitely not a 2.8 cent stock. POTN should be priced in the 3-4x sales range given the secular bear market CBD companies are in. When things show signs of improving POTN should work to a 6-7 x sales valuation until the CBD sector matures.

Its my opinion and based on the numbers / ratios found within the sector.