this is a very good and valid point by Goodspeed.
Post# of 15187
Posted On: 06/09/2016 3:35:05 PM
Re: Goodspeed65 #6006
this is a very good and valid point by Goodspeed.
the move wont be gradual. What you have here is like a damn, especially
with the filings. Once they come out, the genie is out of the bottlle-the
truth and all hell breaks lose. I cant see this, if the figures are what they should be, not being over .01 after that news comes out. (a day or two at tops) Once this breaks .01-.02 a different mentality comes and a different
investor. Less flippers and more holders....
But, a lot depends on the PLN case and what HJOE was able to settle for.
How many shares were they compensated for and how many will/have
been taken out of circulation?(share buy back program)Then subtract that total by Cure Korea employees. The amount HJOE can or will be able to buyback,assuming they stick with that philosophy, will greatly determine the full extent of any run,even the most over-exuberant one.Note:it is my opinion
that a buyback will only help HJOE in the long run. In order for HJOE to make more money on their shares and allow for proper MC,they will need to get this as high as they can prior to a r/s. The higher this goes, the less shares
they/us loose on the R/S. So, lets say they R/S this at .15 after getting the float down to 1.5-2 billion a 4:1 split leaves you with 500 million shares to move up into a SC exchange. Perfect numbers for institutions and retail.
At the current float 3 billion some, I think a massive run would take this
to a limit of ..08-.16...jmho...
Now if they are able to buy back 1 billion shares or more, the pps level could
go up to .20-.22- . Keep in mind these levels I am talking about are with
some crazy over the top movements and irrational behaviors.
But you are right, this could make one crazy rocket ride up, with value players chasing this up up and away!!!
P.S.-Keep in mind, Good old Gene G is in at .03. He desires some$$$$
too.
JMHO,
TS
the move wont be gradual. What you have here is like a damn, especially
with the filings. Once they come out, the genie is out of the bottlle-the
truth and all hell breaks lose. I cant see this, if the figures are what they should be, not being over .01 after that news comes out. (a day or two at tops) Once this breaks .01-.02 a different mentality comes and a different
investor. Less flippers and more holders....
But, a lot depends on the PLN case and what HJOE was able to settle for.
How many shares were they compensated for and how many will/have
been taken out of circulation?(share buy back program)Then subtract that total by Cure Korea employees. The amount HJOE can or will be able to buyback,assuming they stick with that philosophy, will greatly determine the full extent of any run,even the most over-exuberant one.Note:it is my opinion
that a buyback will only help HJOE in the long run. In order for HJOE to make more money on their shares and allow for proper MC,they will need to get this as high as they can prior to a r/s. The higher this goes, the less shares
they/us loose on the R/S. So, lets say they R/S this at .15 after getting the float down to 1.5-2 billion a 4:1 split leaves you with 500 million shares to move up into a SC exchange. Perfect numbers for institutions and retail.
At the current float 3 billion some, I think a massive run would take this
to a limit of ..08-.16...jmho...
Now if they are able to buy back 1 billion shares or more, the pps level could
go up to .20-.22- . Keep in mind these levels I am talking about are with
some crazy over the top movements and irrational behaviors.
But you are right, this could make one crazy rocket ride up, with value players chasing this up up and away!!!
P.S.-Keep in mind, Good old Gene G is in at .03. He desires some$$$$
too.
JMHO,
TS
(1)
(0)Hangover Joe's Holding Corporation (HJOE) Stock Research Links
Scroll down for more posts ▼