Replies to post #177171 on Potnetwork Holdings Inc. (fka POTN)

[Potnic]

As i see it you have 2 options. Can you guess what they are..?

[gi197845]

You can either hold and wait, buy more shares to potentially average down, or sell now for a loss or hopefully for a break even, or better yet for a profit.

Knowing what to do, depends are your particular situation.

I am so far underwater now with unrealized losses, that I won't sell and I probably won't average down.

I will probably hold long term (if POTN doesn't go out of business) and hope to get closer to breaking even and sell.

Obviously, I would love to make a huge profit, but I don't see that happening. I don't see POTN (a distributor) being bought out.

I don't see POTN profits going through the roof, with so much competition and having such high unemployment, so people won't have money for extras.

In order for POTN to do better, it would take a combination of things.

Winning the court case and a disgorgement, return and retirement of the fradulated shares of stock from the fraudsters.

Along with good products, marketing, sales/profits and clear/easy unrestricted CDB legislation.

Having an overall good economy would help as well.

I could average down here and possibly make out better, but since I've already lost so much (on paper) I don't want risk any more.

[SilentWolf]

Anonymoose, I see you have already received replies; might I give you a quick rationale for each of them.

Sell: this gives you a tax loss and gets you out from under the stock. It also frees up what money you have left to either spend, save or invest in a company, that is at least reporting their results.

Hold: you can take my friend's attitude of "what do I have to lose at this point?" The stock could make a deal with another company, sales could pick up, or it could rebound in some type of pump.

Buy more or average down: you could reduce your cost per share by buying more and then revert to the hold position. This does pay off occasionally but you are putting more money at risk and could be asking your original question after you buy more.

The primary fact for me would be they are not reporting results. This lack of reporting makes it difficult to make an informed decision or a good argument for buying more.