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$10.24 kaboooom!!!
What's going on with all this volume?
The merger has to be done by November 30th. I am sure it will take a few months afterwards for the shares to be converted to cash....I don't see why anyone would be selling sub 0.0233 when they are going to get 0.0233 with a little patience.
2nd quarter financials look good. We should hit $100M in revenues this year.
He bought high when there was a spike in price last year(0.03-0.04), so he's bitter about the lows we are experiencing. That's why he can't wait to unload at "0.04," according to him. Good riddance.
The Chairman of the Board is buying shares at 0.023
HASCO's growth and profitability is over last few years are trending nicely. Great place to be right now.
Me too!
I agree. However, this may change very soon.
No ulterior motive here just an optimist on this one. Time will tell.
Retail or not they continue to accumulate shares. We should only be worried when there are form 4's show them disposing their shares.
Don't accuse of lies unless you know all the facts. Form 4 just yesterday: http://www.streetinsider.com/SEC+Filings/Form+4+HASCO+Medical,+Inc.+For%3A+Dec+15+Filed+by%3A+McCook+Barry+Clifton/10103586.html
Kind of like watching the paint dry. All the executives continue to buy shares. I am not worried until they start selling.
Market News: ADDISON, TX and WASHINGTON, DC--(Marketwired - Dec 8, 2014) - Ride-Away®, one of the largest and most trusted dealers of wheelchair accessible vehicles and subsidiary of HASCO Medical, Inc. (OTCQB: HASC), has partnered with Uber, a technology company that connects riders and drivers through a mobile app, to offer significant discounts and preferred financing rates on wheelchair accessible vehicles for Uber driver partners in the greater Washington, DC area. The partnership works to expand accessible transportation options for residents and visitors in the area by supporting the growth of drivers with wheelchair accessible vehicles.
Uber DC launched Washington, DC, Maryland, and Virginia in 2011. "We're proud to partner with HASCO Medical and applaud the important work they're doing to improve the quality of living of individuals with disabilities," said Zuhairah Washington, general manager for Uber DC. "Uber is committed to continuing to work hand in hand with community advocates and help expand accessible options within the District."
"Our partnership with Uber is a major milestone and provides strong validation of our leading vehicular mobility solutions," said Hal Compton, CEO of HASCO Medical. "The partnership drives home our message of 'We Deliver Freedom' by helping lift the significant financial burden family members, caregivers, and anyone requiring a wheelchair accessible transportation faces in purchasing a specialized vehicle."
If you are waiting for a pump in order to dump you certainly aren't helping with the pump right now with your dire outlook of it being a scam and sharing it with everyone. I know we are both on opposite sides on our views, but both of our monies is on the same side.
We have covered this in previous posts. Hasco had 3 large acquisitions in one year(2012). Their CFO/Accountant at the time reported the financials not according to GAAP Accounting principles. The CFO was replaced and accounting firm was changed. Since then they have corrected their financials from that time period and are fully reporting. Hence, the reason for the new uplisting. They are in good standing with the SEC. The reason the stock price is still so low is because the Compton's own 80% of the shares. No investment firm or hedge fund will randomly buy stock in a company when there is a concentration of ownership and power in a small group. Now that they are growing organically from the acquisitions and all their senior management is in place they will be raising capital through an investment firm and/or hedge fund which will cause the Compton's to give up some shares/control. When this happens you will see a large upswing in stock price. This is a very niche business that will continue to grow in the baby boomer era. The only real problem here is time and patience. If you don't like the company then you should sell the stock and be gone.
I want to see evidence of your "due diligence."
Lets see a link that leads you guys to this conclusion?
Just the same 3 or 4 people you've seen over the last few years. The fan base will grow very quickly this year. Big moves upon the horizon...
I couldn't agree more. Just lack of eyes on this gem. The uplist should change things. Maybe not right away, but in the coming months after they post their year-end numbers and institutional investors are on the hunt for opportunities in the new year.
Huge move for potentially more investors. Should be a good trading day tomorrow.....This coming year is the year we've been waiting for. Things are coming together nicely.
You couldn't be more wrong. I am done arguing with you, though. I guess time will tell.
Yeah, which was an accounting error on reporting depreciation on equipment through their acquisitions. Then they fired the accountant, hired a new CFO and updated financials which still showed a profit. They are current on all filings. Not worried one bit. Good luck to you.
They have always been on the pinx, so let's keep your lies limited and your facts straight.
Something big is gonna happen. All this volume and price spike. Get ready!
New financial statements looking solid with upward trending revenues and profits. Setting up nicely. I smell an acquisition brewing and sense some institutional investors really kicking the tires on this little gem.
Lots of good things happening here. As you can tell the trading is real tight. It going to get hotter...
This is a winner if you have patience. All I got is time for this one to shine.
I am up over 50% on this gem. I am not the one who bought in the .03's and .04's and is pissed waiting for it go back up again to dump. Who needs to learn how to trade again?
Actually this is not any new news considering their COGS & profit margins haven't changed at all since they have been in operation. Yawn.
For those who don't understand reading financial reports Hasco just reported their highest net PROFIT in a trailing 9 months in their entire operational history. What do doubters have to say about that?
Yep, I am up over 50% and could of dumped many of times. Hell, I may dump tomorrow if I feel like it. Glad you see the big picture, too. You hit the nail on the head with "patience." If someone wants a faster pace with big stakes they should go to Vegas... This is a long play and the longs will be rewarded. I've been here over 2 years and ready to stay another 2 years...
Haha...good luck!
Well, then sell and be gone. Don't need any non-believers here.
Ladies and gentlemen, we officially have an investor relations firm. Grab your popcorn and get ready!