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Roger that. I agree 100%.
It makes sense, if you can't distribute MMJ on your own and where you're at, then team up with a company that can can and is doing so successfully. It would be nice...
Now that would be a nice merger!! Lol
Of course it's true. It happened and Jeff had to go to court to defend against a lawsuit from the guy that orchestrated the scam. When Jeff took over he brought the company back from the ashes of that scam to where we are today. I'v held this stock since that time because of Jeff, and it is paying of big time.
Intheknow1 did not say that. It's a quote from Warren Buffet AKA the oracle.
LMAO!! So true. Lucky I bought more shares at triple zeros. Lol
I don't understand why people buy high and sell at a loss when there was no bad news or a change in the companies fundamentals. It pains me to see that happen. There has to be very bad news for me to sell at a loss.
I know right. There was nothing said that was bad enough for this down day. Only that it will take more time for us to find out who SHOM is merging with. I guess people thought we would find out sooner, and did not want to keep their money tied up for that long. Which means they were going to sell anyway, so better now than later I say. They'll be back chasing the train soon enough, and kicking themselves for not sticking with it. LOL
Of course it came back down lambchops. It went too far to fast. The question is however, will it stay down and/or go lower. I think it will go lower in the short term per the chart, but the fundamentals say it will eventually go higher in the mid to long term. I'll put my money on the fundamentals all day long because I've done more than my average DD on this one SHOM.
Cool, so he wasn't lying. Thanks. Now to just get the timing down. Lol
A private hedge fund manager told me that every candle body on a chart will eventually be hit by a later candles top or bottom wick. The time frame by which it happens he left for me to figure out. I'm still not good at the timing, but they do always get hit. It was a truly great gift of information.
Looks like those two un-hit candle sticks between .001 and .002 may get hit sooner than I thought. If you are going to reload, that is the place to do it. There is a lot of support right above .001
Heck yes it's loading time. Ripe for the picking. That's why Volcano is back. I'm sure he or she is not just doing a public service advising others. Noooo... He or she is buying too. LMAO!!
Make your own decisions. We've made ours, and what we've based our decisions on is our business. We've done our research and DD, now you do yours and stop asking people for advice and tips that - when given - you just crap on and bash. Hey, tips are for waiters & brokers are broke.
People were probably hoping to find out what company SHOM was merging with, and when that did not happen they got their panties in a bunch. Once we find out who the new management is going to be, hopefully we can look them up for clues to who the merging company is.
There are two candle stick bodies that have not been hit yet on the SHOM chart between .001 and .002. They may get hit sometime this week if the share price keeps its current trend. However, after they are hit, there is strong support for a bounce. If you are into charts LOL.
Lose money. Sorry for the misspelling.
You don't loose money until you sell at a loss.
con·cept
'kän?sept/
noun
plural noun: concepts
an abstract idea; a general notion.
"structuralism is a difficult concept"
synonyms: idea, notion, conception, abstraction; More
a plan or intention; a conception.
"the center has kept firmly to its original concept"
an idea or invention to help sell or publicize a commodity.
"a new concept in corporate hospitality"
Southern Home Medical Shareholder Update
GREER, SC--(Marketwired - Mar 29, 2016) - Southern Home Medical, Inc. (OTC PINK: SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions, facilities and in-home patients, has updates today for its shareholders.
Jeffrey L. Sarvis, President & CEO of Southern Home Medical, stated, "The complexity of this transaction requires specific steps, many which involve public disclosure. Over the next two to three months, we will release information for the various legal entities and for our shareholders related to the announced merger. We will also take the opportunity to share what we can."
"SHOM will have an entirely new management team in the very near future. The new management team has interest in growing the company. There are specifics that we'd like to address publicly as listed below."
1. The company is no longer domiciled in Nevada. The company is now a legal operator in the state of Wyoming.
2. The merger and control of SHOM agreements have been signed by all parties. The new entity will be named when the proper filings are complete.
3. The company and its concepts will structurally change as you know it today.
4. A new management team to include Directors, President, Vice-President, Secretary & Treasurer will be named very soon.
Mr. Sarvis went on to state, "We will continue to make both general and specific announcements related to this transaction as we are allowed to do so. Thank you to our shareholders for your patience and continued support."
About Southern Home Medical, Inc.
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. SHOM will continue to leverage the success of their businesses in order to expand sales opportunities in other locations throughout the country with health, medical and equipment needs.
Websites:
www.southernhomemedical.com
www.encoremedicalstaffing.com
www.apnearx.net
https://twitter.com/southernhomemed
https://www.facebook.com/southernhomemedical
Southern Home Medical, Inc.
864-655-5902
corporate@southernhomemedical.com
People are cautious, as they should be when dealing with penny stocks. They are highly speculative and many newbies (and some pro's) get hurt from pump and dumps. However, if DD is done properly, (which newbies don't do due to lack of knowledge how to) they will find that this company is undervalued and ripe for buying (which is why they are being bought by a lager firm). I always look at a company as if I'm buying the whole thing not just because of rumors or news, but because the company is profitable and primed for growth in its sector. In fact, whether the merger goes through or not I will not sell all my shares. I'll only take back my original investment. Then I'll let the houses money ride the train for a while until the company does something stupid LOL!!
I don't mind the bashing. Just makes cheap shares. I don't mind the short selling because when the merger hits they will cover and drive the share price even higher. Continue with the bashing please LOL!!
Many stocks are down today. I'm still in the green and holding!!! GO SHOM!!
Get over it crowin. This company is G to G.
Oh yesssss, I'm at .0052 in my broker account!!! Go SHOM!!!!!
That is true underground in fact, Mr. Overcash sued SHOM and Jeff let the share holders know about it and the legal cost in a letter to the share holders (very transparent). By the way, the stock was in penny land before the merger failed. It was under SHOM's old ticker.
Thanks trademax
Probably dissolving due to merger. Won't be SHOM any more when bigger company buys SHOM. When you get a divorce, you dissolve the marriage. This leave you open for remarriage.
Thanks for the shares ;)
Hello pennygold! Good to see you still here. You are one of the few that have been here as long as me. It's about time right? Lol ??
I know right. I think a large amount of the shorts closed their positions when we hit 35 causing us to hit 38 briefly.
That is awesome!! It was meant to be!! Lol
You're right about volcano LOL. I've held this stock since the end of 2010, and have not been burned yet. It's nice to see that others are taking advantage of the opportunity. I'm a buy and hold investor, and seen this one as undervalued a long time ago and can tell you this company does not do PR very often. That's why there are so many new faces here since the latest PR. Happy to see people finally taking notice of a strong penny stock.
No he doesn't. All the information needed is in the yellow stickies above, OTC financials, and the company website. You can also call and/or email the company. They do get back with you in a timely manner. There are also tax returns available and SEC filings. DD is the key. Thank you for your time.
Well, why are you here if not to touch this "pos"? You are an odd one I must say. No DD, giving bad advice in the past (probably for your own benefit), and calling this a pump when this company rarely puts out any PR. Just do your flip, and take a hike if you don't like the stock. The only reason I can see for your bad mouth on this one is that you want more cheap buys at the expense of others losing out on your poorly conceived advice. The price will go down on its own, and will rise again. No stock shoots strait up without an honest pull back.
The AS increase was done a while ago, and the share holders were told about it and why it was done before it was done (franchise buy-back). Do your DD before you give advice. Thank you for your time.
No, none at all
K, probably for the best. This is not a sell fast for profit trade. It's a long term hold - an investment.The money I invested here over the years is just spending money. Not a stock to put money you need for the next pump and dump. This is not that for sure. Good luck with your trades. I'm an investor, not a trader. I only sell when I think the company may become a liability. I buy stock as if I'm buying the entire company, and this one is prime for investment. Low to no debt and profitable with money in the bank. If it dips, I buy more and if it does not, I do nothing. ??
Im sure he will, but I've held this stock since 2010, and he takes his time with PR's. He does put out financials in a timely manner however.