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HOLDING BETTER THAN I THOUGHT
It’s been halted for 35 mins. 8% of the float short amazing how fraudulent mm are in this market
5.88 HALTED UP
COULD GET REAL EXPLOSIVE
https://finviz.com/quote.ashx?t=HCDI&p=d
Harbor Custom Development, Inc. Announces Buyer Waives All Contingencies on $14,250,000 Sale of Townhomes
$$$$ HCDI IS READY $$$$ BOOOOOM $$$$
imo
HCDI came out with a news last night and with this small structure it could be exciting for the next few days, imho
https://finance.yahoo.com/news/harbor-custom-development-inc-announces-133000256.html
Low float pump by institutions or groups
AMAZING NEWS…. this will be a great validation of their business model with a solid influx of cash for operations after costs of the project. ????????????????
Hopefully, this begins the slow process of getting this stock some better value.
HCDI today announced it has contracted to sell the Mills Crossing townhomes in Bremerton, WA for $14,250,000 to Kitsap Community Resources. Unless extended for 30 days, closing of the property is anticipated to occur on or before April 28, 2023, upon the buyer’s satisfaction of their financing contingency requirement.
THEY are not red faced about dilution, so I am walking.
this could run in the new year, potential is there
HCDI new burst new momo as buyback signal replaces dread of further dreaded dilutions.
Market wire had some news.
Appears their copy editor doesn’t read releases close enough, but you get the picture.
https://marketwirenews.com/news-releases/why-is-harbor-custom-hcdi-stock-up-10-today--5542309304064777.html?i=e
Market wire had some news.
Appears their copy editor doesn’t read releases close enough, but you get the picture.
https://marketwirenews.com/news-releases/why-is-harbor-custom-hcdi-stock-up-10-today--5542309304064777.html?i=e
$3.80 break coming, then the moon
Way undervalued,and we have MOON MARKET.
Way undervalued,and we have MOON MARKET.
Way undervalued,and we have MOON MARKET.
I'm in.Looks like a big short squeeze. coming.
$HCDI IS NOT A pump & Dump Stock!!! Harbor Custom Development Inc Is Profitable undervalued With Loads of cash on hand including Lots of Real Estate. It's Not Too Late to jump in, With in due time This stock will be trading $20+
Hcdi for the win, solid company making money. Was way over sold and should have never been $2.
No bad news.
Now that the flippers gone it running back up, I expect $5
$HCDI is the Next big runner, way undervalued and shorts building at 30% now.
$160M projected this year and only 39M market cap. Projected $278M in sales pending in real estate, Small float As well
The shorts win until they lose their ass. lol
Retail getting Burned now all afternoon...
Shorts were getting burned for While there...
Some Fat Buys coming in the 10s of thousands of buy orders
Press Release: Harbor Custom Development, Inc. Releases Second Quarter Financial Results - Reports Increases in Gross Revenues of 70% and Net Income of 346% over 2020
Gig Harbor, Washington , Aug. 16, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. ("Harbor," "Harbor Custom Homes(R)," or the "Company"), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that 2021 second quarter revenues were $14,132,400 with net income of $1,069,400. Second quarter revenues were 70% greater than the second quarter of 2020 and net income increased 346% over the same period. Harbor CEO, Sterling Griffin stated, "We are excited to achieve our first profitable quarter as a public company and look forward to building on this success for the balance of 2021 and beyond."
"I'm thrilled with the momentum we gained over the past six months, which serves as further validation of our development approach. We're able to serve multiple segments of the home buying market while also providing developed lot inventory for national public builders, which provides the Company a steady and diverse stream of revenue. With a business strategy rooted in disciplined analysis, agility and highly efficient operations, we are well positioned for continued growth. I'm very proud of our employees' diligent work that has led to significant progress across all segments of our business," further stated Mr. Griffin.
Press Release: Harbor Custom Development, Inc.($HCDI) Signs Term Sheets for Credit Facilities Totaling $158,400,000 with US Capital Global
Gig Harbor, Washington, July 29, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. ("Harbor," "Harbor Custom Homes(R)," or the "Company"), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into term sheets with US Capital Global for credit facilities totaling $158,400,000 to provide construction financing on three Western Washington condominium projects and one in Southwest Florida.
The Company’s expansion into the TX market seems to be a great move. Appears to be a very solid market. Wonder what other metro markets they will expand into?
Press Release: Harbor Custom Development, Inc. Closes 108 Lots for $17,165,000 Expanding Austin Metro Housing Footprint
Gig Harbor, Washington, July 01, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. ("Harbor," "Harbor Custom Homes(R)," or the "Company"), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has acquired 108 developed single family lots for $17,165,000 in the Summit Rock Golf Course community in Horseshoe Bay, Texas, located approximately 53 miles west of Austin.
Harbor Custom Homes anticipates commencing construction of 4- and 5-bedroom homes on lots ranging from 0.25 to 1.50 acres and expected to be priced from $800,000 to $2,000,000 in the Jack Nicklaus signature, Summit Rock Golf Course community beginning in the 4th quarter of 2021. Summit Rock has been featured as one of Golfweek's Top 100 courses in the U.S. (https://hsbresortrealty.com/resort_development/summit-rock/). Home buyers in Summit Rock will have the opportunity for membership at the Horseshoe Bay Resort providing access to resort facilities including: three golf courses, multiple club houses, yacht club, lake facilities, and access to a private jet center with a 6,000 foot lighted runway (clubhsbresort.com). Horseshoe Bay has seen rapid growth as a result of Austin's expanding employment base and the subsequent migration of households to the Lake and Hill Country regions.
"We have made a significant commitment to increase our Austin metro marketplace footprint and the acquisition of the 108 Summit Rock Golf Course community lots in Horseshoe Bay, combined with our current and projected inventory, provides a solid foundation for the future. Acquisition of the Horseshoe Bay area lots is a natural progression of our strategy to be a commutable distance to Austin while providing upscale housing in the scenic Lake and Hill Country regions. Urban flight from Austin combined with decreasing inventory in the bedroom and rural communities like Horseshoe Bay offer a great opportunity for our company," stated Sterling Griffin, President and CEO of Harbor Custom Homes.
About Harbor Custom Development, Inc.
Harbor Custom Development, Inc. is a real estate development company involved in all aspects of the land development cycle including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sales, and management of various residential projects in Western Washington's Puget Sound region; Sacramento, California; and Austin, Texas. Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington. In addition, Harbor has acquired land and will begin constructing homes in two new markets. In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California. In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas. Harbor Custom Development's business strategy is to acquire and develop land strategically, based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces. Harbor focuses on real estate within target markets with convenient access to metropolitan areas that are generally characterized by diverse economic and employment bases and increasing populations. For more information on Harbor Custom Development, Inc., please visit www.harborcustomdev.com.
HCDI Harbor Custom Development Sees FY22 Revs $128M
"Our annual revenues are among the fastest growing of all public companies in our sector. From 2019 to 2020, our Gross Revenues increased from $30,953,000 to $50,397,000, a 65% increase. We previously provided guidance that we will generate approximately $80,000,000 in revenues in 2021, which would equate to a 59% increase over 2020. Our projected revenues for 2022 follow the same growth trajectory with an estimated $128,000,000 in sales, or a 60% annual increase."
Harbor Custom Development, Inc. Acquires 219 acres for $14,300,000 in Vancouver BC Metro Market
https://www.globenewswire.com/news-release/2021/06/29/2254880/0/en/Harbor-Custom-Development-Inc-Acquires-219-acres-for-14-300-000-in-Vancouver-BC-Metro-Market.html
welcome aboard
This stock is still a very hidden GEM Hence very low volume not many people know about this stock, but it has great potential to double
I think it also ha great potential for long term
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