Some of the selling is shorting but at least a thi
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Some of the selling is shorting but at least a third of it is someone liquidating
The old OTC paradigm does not slip away easily. Many are impatient, many were looking for a flip because it was the "hot" board, or showed up in the "buzz" cloud and younger investors many times trade on emotion. Without movement or slow movement down, that emotion takes over and they capitulate and move on to the next hot board, the next newsletter winner, the next buzz cloud favorite.
I think what we've learned from HJOE, besides an oft times over exuberant SM campaign, is they are going to take the fight to toxic funders and they are going to stay resolute to that path.
What I think people need to know here when looking at HJOE as an option is there are still expectations they haven't met, there still are roadblocks along the way and there still is a certain amount of risk tolerance you must have.
HJOE is not for the faint of heart, but what it does have going for it, far, far outweighs the risks in the eyes of many. The product expansion is great, the gorilla marketing is doing well, the connections the company is making (whurk, etc) is terrific and these things will more than likely expand.
We can't get caught up on timelines, we can't get caught up on the "will they show the video, will they update us now," mentality because that's not what the fundamentals are telling us. They're not stagnant like 95% of the stinky pinky's. The fundamental slope is moving up, it's just a matter of having the wherewithal to wait out the financials as they catch up and finish their fight.
For those of us who wait, we're either going to have a monster win and perhaps a once in a lifetime runner, or, we simply lose and move on to the next one.
Risk tolerance.
I'm in it to win it and in it for the long run.