I posted this on the other board and thought I wou
Post# of 153807
(Total Views: 401)
Posted On: 09/23/2019 7:12:54 PM
I posted this on the other board and thought I would share it here. It really applies to IHUB more than it does here.
Clearly, the large volume and drop in sp is due to people selling to participate in the warranty offer. I suspect the quick drop to .32 after the opening bell was due to an aggressive seller(s) who dropped the price several cents and triggered stop-loss orders that added fuel to the fire. And now there are a lot of nervous nellies who sit on the sidelines while the bashers add even more fuel to the fire.
Unless I missed a PR or video, what has changed since the annual shareholders meeting less than 2 weeks ago when everyone was so excited about the news? Now all I'm hearing is a lot of negative assumptions based on the "tone" of the CEO's voice in his last video, and negative assumptions based on the company extending a direct offering to other investors, and by a whole week. So now he's "groveling for pennies". Really?
Being a long-term investor in this stock, I FULLY understand the frustration level here, but one thing I won't do is undermine my investment by making a bunch of assumptions and bashing it on a message board. Instead, my message will go directly to the CEO and BOD where it will be heard by the decision makers. I would suggest you do the same.
Clearly, the large volume and drop in sp is due to people selling to participate in the warranty offer. I suspect the quick drop to .32 after the opening bell was due to an aggressive seller(s) who dropped the price several cents and triggered stop-loss orders that added fuel to the fire. And now there are a lot of nervous nellies who sit on the sidelines while the bashers add even more fuel to the fire.
Unless I missed a PR or video, what has changed since the annual shareholders meeting less than 2 weeks ago when everyone was so excited about the news? Now all I'm hearing is a lot of negative assumptions based on the "tone" of the CEO's voice in his last video, and negative assumptions based on the company extending a direct offering to other investors, and by a whole week. So now he's "groveling for pennies". Really?
Being a long-term investor in this stock, I FULLY understand the frustration level here, but one thing I won't do is undermine my investment by making a bunch of assumptions and bashing it on a message board. Instead, my message will go directly to the CEO and BOD where it will be heard by the decision makers. I would suggest you do the same.
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My comments are just my opinions and should NOT be taken as investment advice.