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RSI hasn’t been 41 since 3/29 when it closed at $0.0017.
Barring news let’s pick the week 8/28 to start the next move on $0.006
Thanks. Cash and conventional borrowing has been stated before but I guess with chicken little bashes and new investors always coming in it has to be restated which is good. (I used to be able to read on X without an account but no longer.
Dumped Discord and Reddit less social isn’t such a bad thing lol.)
I consider it leverage for $Hiru if the seller is motivated. I overpaid at $0.0018 once too, lol.
Translation: $Hiru’s the only buyer. “got back to us, discussions back on””
Thanks
In the lisp slurring voice of Jesse Jackson “Keep Hope Alive!”
Yes and now it will scrub along here for the week soaking up frustration and impatience until the coast is clear and a little catalyst comes along to test another breakout. Wash rinse repeat.
It’s a hokey metric when 119,000 goes at the $0.005 bid but now the bid is $0.0052. All the trades for a day could occur at a rising bid 52 53 54 55 56 and it would read all the trades were sells lol.
Chicken or egg argument but markets log it by did the transaction occur at the bid price = sell or ask price = buy so you can attempt to conclude the sentiment of trading.
I look at fills at the bud as smart buying and fills at the ask as overpaying.
Lol pump and bash flipper on ignore for a reason.
Last leg up started from around $0.0044 and ran to $0.006
About 125 million shares traded over nine days on the last move up and 16 million down over two days from the top so far.
Raising $Hiru awareness on the most active Ihub boards lol.
Ah that’s interesting,,100k vs 5mil. Oh well as they say in Thailand,,up to them. Lol
This is the fourth cycle of higher highs and higher lows. A look at the three month chart makes the clear case for “The simplest explanation is usually the best one”.
When the Relative Strength Index (RSI) reaches overbought “70” the buyers pullback the bids until the RSI reaches 50, Neutral or lower towards 30 oversold.
When it’s determined to have cooled off they return and take it back higher until it hits RSI 70.
Wash rinse repeat. See three month chart.
Thanks HL that’s interesting. Here’s a message I left and you may not have noticed.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172523661
Seems pretty clear it’s saving Hiru’s costs but who knows I guess.
“it will save 20k a week instead of
shipping them in. $HIRU”
52 million shares got taken out below $0.0056 last Friday on earnings. Turned and burned them all for now.
Saving $1,040,000 annually after equipment is paid for and becomes more assets on the books.
Lol nailed it. He’s just a hustler with a following. If you tell people it’s bullish and they jump in you fulfill the predictions. When you tell them it’s bearish and they dump,,it’s self-fulfilling lol.
Something bigger is happening for now. It’s being kept in an uptrend on little volume (except for the 50 million on earnings day).
His bearish call can come through short term on little volume but the trend is bouncing back higher for three months so far.
I know. You missed the basis of my question about spotting the trend change.
This is what’s changed during this recovery. Was it you or Profit that said months ago you can’t flip 10 million shares and easily get them back lower like you could in the beginning?
Fwiw it would be “valuation” and the $10 mil profit would be converted to “earnings per share” and that would be a half penny per share of earnings. Then put a price to earnings multiple on the $0.005 of ?. 5x 10x 20x? What price per share does the current $10 million in assets add?
This is currently way undervalued by conventional valuation methods but like everything in life it’s only worth what someone will pay or sell it for in this case.
Hopefully she does nothing except increase revenues and add Hiru customers until 2024 and audited financials come out. There is a great chance deals to acquire a listed and trading company gets done through a reverse merger and share exchanges as payment and I’m not a fan until this is trading at a price to earnings multiple that’s 10x earnings. Currently that would be $0.05.
Whipsawed is the genuine wall street gibberish for getting scared out at the new highs and missing the turn and burn that quickly follows in a bull run. $Hiru has been on a bull run for three months.
Never take stock advice from a Wankerchaser. Read the room.
Hardlesson here’s one for you to verify and get them to clean up on twitter (if that’s their goal) if I’m not wrong.
On page 11/20
Shareholder’s Equity
Preferred Stock
5 mil shares @ $0.001 par value is not $100 it’s $5,000.
Meaningless yet inaccurate if I’m not wrong.
I like numbers. They did 32% Net Profit in Q2. If they maintain 32% of $30 million (2023 low revenue estimate) its $9.6 million Net Profit. $9,600,000 / 1,941,425,394 (current o/s which will be slightly reduced by year end) = $0.00494 or a half penny potential Net Profit per share.
Here’s a fun fact,,this quarter’s earnings X’s four divided by the shares outstanding = $0.0051 annual earnings per share at this rate.
The market has awarded it a zero price to earnings ratio lol.
10X’s would be fair and moderate I figure.
Added: With no consideration for like $10 million in assets as well.
Lol he’s on ignore but I noticed he doesn’t post until he gets home from his 9-5 at the 7/11. Thats when I see all the replies start showing up. He doesn’t embarrass easily that’s for sure.
Break and hold should open the door to $0.008 next major resistance eventually.
Affirming $30-$40 million revs is a huge tell when they could easily adjust the 2023 gross revenue prediction now if there was any concern of missing $30 million minimum.
Balance sheet reduction of debt/liabilities and increase in equity is impeccable. I had all the category increase and decrease percentages que’d up and lost it all with a fat finger refresh. Screw a redo, you know what we’re seeing on this page lol.
Whiskey on the Rocks all around. This is going to be a nice investment when the proper p/e gets applied.
Thanks and if my 10% underestimate (for round numbers) stays consistent they’ll do $33 million. Easily within their $30-$40 million projection.
Hiru is just beginning IMO. They’ll be “debt free” for a nanosecond if ever between equipment additions/upgrades and perpetual acquisitions in water or other sectors when appropriate. She was clear in the beginning this is a holding company with current plans on going nationwide in water.
From latest filing
“The Company is a water and ice company with clients in the Arizona and California area. The Company is co-packing and producing products to be sold on the West Coast of the United States and currently looking forward to expand our customer base across the country.”
OTC Markets
COMPANY DESCRIPTION
HIRU CORP is a holding water and ice company servicing S/W USA States. Our head office and plant is in our new 51,000 SQ FT Facility in Arizona and our new California plant is 155,000 SQ FT with over 8,000 pallet storage. Our client base is primary B2B retail type retail establishments some being NYSE and NASDAQ Co. We also have 1 other location with 85,000 SQ FT where we keep out finish goods to ship.
How many years has this been de-registered now?
Lol nailed it. “Your attempts to make HIRU look bad because they are "only" wanting to contribute $25k a month is laughable.”
Interesting nobody painted $0.0052 HOD in the last three minutes. It was there for the taking.
Financials will be within 2 weeks and plan is to keep buying shares this month. Have a good weekend. SHIRU
19:25 • 21/07/2023