first and foremost - the halt is not a good thing
Post# of 15187
Posted On: 10/31/2016 3:33:55 PM
first and foremost - the halt is not a good thing in any way, shape, or form. not interesting in sugar coating it.
that being said, if one is a long term investor and was planning on seeing this through (or at least until KBM is resolved/filing resumes) - what has actually changed? the only thing for that investor is liquidity. you will no longer be able to either trade and/or if you do, you will be taking a substantial hit.
however, while often trite, you havent lost anything unless you sell. unlike companies that are spiraling down due to runaway dilution (which $HJOE was for awhile) - the share structure hasnt changed for a long time. they arent printing shares and there isnt conversion driving the PPS down. in that vein - whether this immediately goes to $0.0001 or stays the same:
> you still own the same % of the company that you did prior to the news
> the company is still moving forward/executing biz plan
> they are still fighting KBM
> they are still generating revenues through product sales/SMS dealerships
so - when (assuming not if) they file, all of this still remains valid and the resulting revelations and validation should STILL send the stock significantly upwards regardless of where it is trading. at that point, fundamentals and filing status will be what drives the PPS forward. realistically - that is no different from where it was 2 weeks ago, today, or what it will be in several weeks if/when it opens on the grays.
further, if the shares are as locked up with long term holders as it appears based on the trading and what we are generally assuming, and few sell once it does open regardless of the carnage - volume will quickly taper off and then long term holders will resume buying at a substantial discount. if we were buying at 12-15 and the share structure hasnt changed - why wouldnt we buy at 1-6 assuming nothing has changed but where we are trading...?
again - primary change is liquidity which will suck and prevent anyone from getting out unless they are ready to accept a major, major hit to do so. further, new investors wont be trickling in to provide a buffer or they will be limited.
if the company can keep from doing so - i think it would definitely be in our best interest whether that is a longer halt while they go back and forth with the SEC. not looking promising but you still own a fixed percentage of shares in a company that there is NO reason to believe anything has changed day to day on the business side. while this is critical and extremely disappointing under the circumstances (seemed to catch the company off guard), nothing suggests the company's day to day business has changed and isnt that the primary reason the vast majority of long term shareholders ARE here to begin with...?
i cant say i will be aggressively adding, but i definitely wont be selling.
that being said, if one is a long term investor and was planning on seeing this through (or at least until KBM is resolved/filing resumes) - what has actually changed? the only thing for that investor is liquidity. you will no longer be able to either trade and/or if you do, you will be taking a substantial hit.
however, while often trite, you havent lost anything unless you sell. unlike companies that are spiraling down due to runaway dilution (which $HJOE was for awhile) - the share structure hasnt changed for a long time. they arent printing shares and there isnt conversion driving the PPS down. in that vein - whether this immediately goes to $0.0001 or stays the same:
> you still own the same % of the company that you did prior to the news
> the company is still moving forward/executing biz plan
> they are still fighting KBM
> they are still generating revenues through product sales/SMS dealerships
so - when (assuming not if) they file, all of this still remains valid and the resulting revelations and validation should STILL send the stock significantly upwards regardless of where it is trading. at that point, fundamentals and filing status will be what drives the PPS forward. realistically - that is no different from where it was 2 weeks ago, today, or what it will be in several weeks if/when it opens on the grays.
further, if the shares are as locked up with long term holders as it appears based on the trading and what we are generally assuming, and few sell once it does open regardless of the carnage - volume will quickly taper off and then long term holders will resume buying at a substantial discount. if we were buying at 12-15 and the share structure hasnt changed - why wouldnt we buy at 1-6 assuming nothing has changed but where we are trading...?
again - primary change is liquidity which will suck and prevent anyone from getting out unless they are ready to accept a major, major hit to do so. further, new investors wont be trickling in to provide a buffer or they will be limited.
if the company can keep from doing so - i think it would definitely be in our best interest whether that is a longer halt while they go back and forth with the SEC. not looking promising but you still own a fixed percentage of shares in a company that there is NO reason to believe anything has changed day to day on the business side. while this is critical and extremely disappointing under the circumstances (seemed to catch the company off guard), nothing suggests the company's day to day business has changed and isnt that the primary reason the vast majority of long term shareholders ARE here to begin with...?
i cant say i will be aggressively adding, but i definitely wont be selling.
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