Pontus Protein Ltd V.HULK.H

falling knife

[Silentbull]

Looks like this is going to test 15 cents before making any reversal, no point averaging it down as the algorithms are already in place by the big boys, fundamentals dont matter when the outcomes are already predetermined

[Oceanvegan]

Sad to watch it go down...can you explain why to a stock newbie? And where is the bottom???

[bullsandbears]

It's going down because it's a pure speculation play. Noone knows whether Pontus will make it In a competitive protein supplement market, or whether they will be profitable. I'd argue we are very near the bottom at 40ish cents, maybe down to .30 which is where a bunch of warrant options are set. Tough to say when they not only don't have revenue yet, but even production. Once

[Oceanvegan]

Thanks for your opinion, I am pleased with the progress on the plant and look forward to seeing what happens when they get up and running!

[Silentbull]

Boasting 10000 sf to feed the world, really? that too in a rented place where these guys will be paying the exorbitant rent to themselves, valuation of 35 million by putting in 300k in 2018? These guys will have to raise money to do anything with building and permits and what price you think they raise at 20 cents? 15 cents 

[Silentbull]

Buddy don't fool newbies and amateurs, let them keep their hard earned money. Please don't show that carrot of $1, this cheap paper printed at 5 and 1 cents is simply a way to fool the retail guys. Look at the credentials of the guys running the show, Amway Really , everyone knows what it is  speculative play is at 10 cents not 40 cents 

[Silentbull]

This was a pure pump and dump play by Chinese artists, there are tons of such companies and examples in the industry, cut losses whenever you can