WOW! I just got home and seen the news. Hollund is doing a share buy-back, and they are doing it right now. Some complain we have a 100 share man keeping share prices down. Please don’t complain. Instead, let this dumb A** continue. Any shares sold low means Hollund can soak them up and reduce shares even more. In fact, if someone really wanted to hurt Hollund, they would bid prices up so Hollund could not buy up and retire as many shares nearly as fast as they might want to.
This news is coming right after Hollund announced the Class C shares are almost all retired (99.5% of them). This means no more dilution. The remaining Class C shares are not likely to be sold because they allow Hayward to keep control of his technology. Hayward certainly doesn’t want to be pushed out now.
Folks, I said a week or so ago to BUY BUY BUY. I still hold to this suggestion. Hollund laid everything out neatly on the table for all to see, but worry warts and never do wells doubted and sold. They apparently thought they could buy back lower. Folks, this is not a flipper stock. HIMR stock typically does not rise that fast and buying back low is just not that easy to do. Now, with Hollund soaking up all the cheap shares, buying low will be even more difficult.
Perhaps HIMR shares will stay in this range for a week or maybe two --- who knows. But that is okay. If HIMR stays in this range, then investors buying now are not likely to lose. When Hollund meets their retirement goal, HIMR shares are likely to rise --- perhaps even soar. The share count will be lower and another concession might be near.
HIMR investors be mindful. If Hollund is buying back shares so early in the game, they are not likely to stop any time soon (just look at their past history). Hollund said they had a plan to increase shareholder value, and now it is very obvious they do.
Getty up little doggy. It’s time to get on the gravy train --- the one where profits are likely to soar. And don't say people aren't watching. Our viewer count is a 10,000 or more right now.
