Feeding village children in Mindanao Philippines and watching my boy and girl grow up.
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It is now running. Up 200% from bottom.
No. You will receive spin off shares. There is no way of knowing what the market value will be. They value it at $1.75 based on book value but HNRC has book value of $3.00 and is selling at .40.
I must admit I expected more of a pullback to 52. Most corrections last 5 days or more. This is a sign of strength.
I absolutely agree. However sellers jump on every spike and the trend is still down. I still hold a sizable core but I need to see this trend change for me to not lighten on spikes.
I have since read they are audited which pleases me.
The dividend could be stock which is probably why shorters keep jumping on every spike. If a cash distributuon were to be announced this thing would fly. But it is what it is until its not.
The pattern is very predictable. Every 3 months there is a spike and a selloff. I lightened up today but will increase my position as we set up gir the next spike. We need to see a higher low on the next pullback. Disappointed to see the accumulation/ distribution spike down today.
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=2&mn=3&dy=10&id=p51190151018&a=1212554212&listNum=1
It took longer then I expected.
I heard the same argument in December, 2019 on the breakout. I will let the chart do the talking.
This weekly chart shows the pinched Bollinger bands being broken for the first time in 2 years. Thus is exactly how the run from .26 to $10.00 was signaled in December 2019
.https://stockcharts.com/h-sc/ui?s=CYDY&p=W&yr=3&mn=3&dy=10&id=p84571316990&a=1211657511&listNum=1
I just looked at the first 3
Tcehy 95 to 37 down 63%
Gotcha 55 to 15 down 72%
Ethe 50 to 15 down 70%
Thanks for making my point.
Not during this bear market they have not. All assets ha e declined. Metals, cryptos,equities. Only the dollar has gobe up.
Cydy on 4/20/22 was .2311 on 7/22 is .74 up 320%
$SPX on 4/20/22 was 4488 on 7/22 3961 down 11%
Gapped above 200 day sma first time above it since March 2021. I added here. Will add more if we close above .70
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p98075819613&a=1210275428&listNum=1
Downtrend line broken. Closed hod very bullish. One wall left 200 day sma at .70. RSI can stay overbought if we close above 200 day sma.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p98075819613&a=1210275428&listNum=1
The 200 day sma is .70. The pps has not been above the 200 day sma since March 2021 when the pps was $6.50.
I will add if we can close above .70.
Something going on.
Broke above two pinched Blinger bands. Daily and weekly on 2 times avg volume. Very impressive day. And nice white soldier doji for the day.
Nice breakout above tight Bollinger bands. Above .55 would be another no enother good breakout.
A meteor strikes and wipes out all life on earth.
Thanks.
I only shared my thoughts that I shared here yesterday re the spinoff. I am sure he wants a higher pps just as we do so we are all on the same team. I said nothing derogatory but did mention the size of my investment so he knows that I do not just have a few thousand $$ at risk.
I tried to email Frank at Frank@hncholdings.com
But it came back undeliverabe.
Does anyone have a different addtess?
I tried to email Frank at Frank@hncholdings.com
But it came back undeliverabe.
Does anyone have a different addtess?
Putting on my TA hat for a minute, it will be a positive for the pps to stay above the middle bb at .19.
I can not disagree anymore than I could about any company's assets but it does give more credibility, for me, to have audited results. As I said many times, IF the books are not cooked this is extremely under valued.
The part that is not rehash is the audited results. That suggests that the assets are not inflated.
According to this, the results are audited so I am baffled.
https://topnewsguide.com/2022/07/07/houston-natural-resources-otc-hnrc-to-spin-off-dividend-shares-to-shareholders-closed-up-50-on-10x-volume/
You did not read my previous posts. I posted that if the non oil businesses were worth $1.75 they would be better off selling those assets off and paying a cash dividend. The market is only pricing those assets (today) at a few cents. It is obvious that they are diluting into the news today (imo). If they had sold the assets and paid shareholders a cash dividend instead, the pps would have gone up the amount of the stated dividend and they could have sold there instead of at .25.
A cash dividend of $1.75 would have had it race to $2.00 today ;)
But I am very optimistic, just wish they would turn off the faucet and let it run some.
All time high volume today. Now to see the scuttlebutt overnight. Should be an article or two,perhaps Seeking Alpha.
Based on previous rallies when the PPO and PMO crossed up, the 1dt day was not the hogh. RSI has gone to 90. We are at 50. I believe there will be follow through to 40's. Imho
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=2&mn=3&dy=10&id=p44310268619&a=1189288211&listNum=1
That is why I would like to see audited books.
Thanks for that. You are correct. So if HNRC is worth $2.80 a share book value and WDHI is worth half of that they still would be better off liquidating those assets and paying a cash dividend.
The question is, what is the tangible value of WDHI? The market right now is pricing it at .27 as the announcement added only .09 to HNRC pps (.09 x 3 = .27).
If the book value of WDHI is anywhere near $5.00 a share they would be better off liquidating and paying shareholders a cash dividend. Even a $1.00 cash dividend declaration would put the pps of HNRC over $1.15 per share and if HNRC needed to dilute they would be much better off doing it at $1.15 then .25 where it is now.
If the dividend of .37 comes to fruition I will treat this as an income generating vehicle. 6% is a very attractive dividend yield in today"s market. That would put a minimum pps of $6.00.
I am down about 60% from my avg pps but continue to add. Bot another 8k today partial fill on 10k.
Not to be redundant but....
Either the books are cooked or this is the most undervalued stock that I have seen in 50 years. I am talking Warren Buffet under valued not Elon Musk under valued.
Lock up period is between 90 and 180 days.
Watch HNRA for dividend ex date for a clue. But they stated "after the lock up period".
Great find.
At a nickel a share, all things unchanged, I will be selling my gold coins to load up.