Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What does it mean you have "1.2 left"?
Did you buy 3.0m shares and then sell 1.8m of them over the past month?
I'm curious why you sold 60% of your purchase if you have conviction the price will increase 10x-20x in the next 6 months?
thank you for the reply!
-g
Interesting stuff Tripl7z.
You may be aware that I have a negative outlook on this company, but I would appreciate a non-argumentative discussion with someone like yourself who has a very positive outlook.
- Would you care to comment on my estimate that you spent ~$75,000 puchasing ~18,000,000 shares?
- What is your 6-month (i.e., year end) price target for this stock?
- Why did you choose to purchase all in 1 day vs. accumulating more slowly?
thank you for any insight you may offer!
-grant.
I would love to look at the Apr vs. May shareholders lists to see if someone really did buy 1/4th the float in one day, or if it all went in some circle.
What does that mean
$3600 in juice. Has anyone ever said how much stays in the casino and how much goes to HDUP?
Anyone know if the financials will be audited?
You should be nicer to me Ricky, I generously gave you 100% perfect, accurate advice to sell high (around 1 penny), and rebuy when the price fell below 0.001. Hopefully you listened to me and this bad attitude is just for show.!
You've been deathly quiet for months, but now that the price has gone 5x higher, you suddenly promote people buying this. That doesn't make sense... except for smart people who are riding the Kellner pump-mobile: unload during the "pumps" and then rebuy when the price inevitably returns to the "dumps".
Never once have I claimed you are not invested in this stock. (I wouldn't know either way). You are either confused, or making things up.
Not sure how long this post will be here, since someone (Souwester?) likes to delete a lot of my posts from here....
... but this sudden appearance of shills + these news releases strongly suggests Kellner is doing another pump & dump on this stock.
I wouldn't be surprised to see the float increase by another 10 million shares, just like the last time he hired a penny-stock-pump entity to jack up the price.
Kellner was promising audited financials back in 2010. He took the money that was earmarked for that and spent it on craps/booze/whatever.
If after several years he's trying to get his stock marketable again, can there be any reason except he wants to unload a bunch more shares?
$0.70 worth of shares sold on friday! Wow it looks like someone is loading up, must mean big news release is about to appear!!
So you bought the 65k shares this morning? Big spender! Good luck!
There was $65 in HDUP sales today. Was that you, taking advantage of the bullish signal? Be careful about overweighting your portfolio in just 1 stock...!
All the news you need is on their website.
Only 30 "sanctioned" events this entire year. (and who knows how many of those are actually income for HDUP? Long ago most casinos figured out the only value Kelly brings them is when he loses investors' money at the craps table)
What's missing from their website:
- Tropicana series
- COPC
- PokerKing partnership
- Poker cruise
i.e., poker players are abandoning the events Kellner is involved with, and he's even paused his relentless empty promises of success from new projects.
Not sure why you want to invest more in this stock? The only people making money on this company are the stockbrokers. You'll waste $7 commission on every $5 buy or sell order.
In 2011 you said
"This company is going in the right direction"
"If people are not in this stock by then, they they will have missed out."
"Kelly has done a great job so far with this company"
"This time next year this will be a completely different stock"
Only the last statement is true, and not in the way you intended it, as anyone who took your advice and bought it in is sitting on 90% losses + no liquidity.
Last October you said "... to get this stock back to where it belongs". But you have never actually specified what price this stock "belongs" at, or even justified it deserving any value higher than 0. Instead you attack me (the messenger).
I back up my claims with facts, such as:
- This company has never actually turned a profit under Kellner
- He hasn't even released financials for over *TWO YEARS* (!!)
- Even when the financials WERE released, they were either opaque or outright misleading.
- The number of events that they collect income on is shrinking constantly
- Every attempt to expand its business (CPT memberships, poker cruises, branding partnerships, Tropicana tournaments) has been 100% hype before the event, and 0% results reported after the event.
While I offer facts (plus the occasional prediction that has been proven correct) you offer vague opinions that all turn out to be wrong. So who of the 2 of us is ACTUALLY the "troll"?
Maybe if Kellner did the right thing and fulfilled any of his promises, this company might show some potential. I sincerely wish that will happen. But until then I wonder how someone like you can in good conscience encourage innocent investors to lose their money on this.
Great news Ricky! The bid is now down to $0.001 (as I predicted in July). That means you can be buying even more HDUP stock for cheaper than ever before.
With approximately 80 million outstanding shares, and last trade $0.0015, that means the market cap is about $120,000. If you are a patient buyer, you could take over the entire thing for under 6-figures.
3 years ago Kellner told me Pokerstars offered to buy the company for $2 million, and his response was that the offer was an insult.
Aren't HDUP shareholders so lucky to have a guy like that running the company? Spits in the face of $2m so he can reduce the value of the company to 1/20th that amount.
Maybe it's time for you & other shareholders to contact the Alberta securities commission and find out what recourse you have to get accounting from Kellner.
He's been promising for 2 years that KPMG would be performing an audit so he can release audited financials and upgrade his listing. In reality, he's stopped even bothering to post UNaudited financials.
Small wonder too- the financial state (last i looked) is a mess. The company had literally no cash, plenty of debts, and most of its "assets" were a canadian poker show made 6 years ago that you'd have to PAY espn to air.
Personally I believe there's also debts, loans, and dodgy expenses which aren't even on the books. Do you shareholders consider it an acceptable use of your investment for Kellner to take his friends out for a fancy steak dinner "business meeting"?
The spread is set by whatever market makers happen to deal in HDUP (+ the public of course), and since it's such a small company, there can't be many of those.
It's not market manipulation, it's just a fact that a company with a capitalization < $1m (much or most of it restricted or held by Kellner and his friends) is going to be a very illiquid stock. If you look at most small-cap stocks after hours (when the liquidity disapears) you see their spreads get just as wide.
1m shares @ $0.0071 = a $7,100 commitment. A million share buy order looks impressive until you realize how little money is actually involved. It could just be someone like Ricky looking to gamble their spare change.
dbob, i think this might the start of a chance to unload what you own at less of a loss.
Let's see if HDUP can hold > 1c into the new year. That would be impressive!
If there was a compelling explanation for why this stock "belonged" at a price that is higher than current, I would buy some.
Obviously it's more profitable to get information on a stock _before_ you buy it, not after.
Since you have said you purchased HDUP to "gamble" i can understand why you wouldn't want to know anything about the business as that could spoil the excitement when eventually reaches the price it "belongs" at, whatever that may be.
I wish us both luck- you to profit, and me to get answers!
What's bizarre is your claim this stock price "belongs" somewhere, but then later you claim it actually random chance, like "roulette"
As for why I post: I hope the eternally optimistic investors in this stock will, perhaps one day, actually provide a justifiable explanation for why this stock should rise in value.
If you'd sold a year ago (when I told you to) for 2-3c, you'd have avoided losing over 50% your equity. Maybe you'll have to lose another half or more before you start to listen to reason.
If you don't know where this stock truly "belongs" then maybe it's already there.
Does it matter? Only to people (like you) who have money on the line.
Ricky where do you think this stock "belongs"?
The only financials currently available are nearly 2 years old (January, 2011). In that year it lost $317,000 on revenues of $397,000. The more results were either never released, or released and subsequently erased.
If you can justify any non-zero price for HDUP, then please show us the math and explain. thank you!
As they say when I sit at a poker table: "That's dead money."
If for whatever reason you want to increase your ownership in hdup, save up your pennies and wait until it sells for $0.001/share. Tomorrow you could buy five times as much for the same capital vs. today's price of $0.005, and hundreds as much as the suckers who jumped in at $0.20.
Do you doubt it's going that low? Just remember I'm one who implied it was gong to break $0.01, $0.0083, etc.
Good luck.!
NO ONE is short on HDUP. Blaming shorts for a stock's poor performance is a common misdirection.
This stock never sees more than 1/10th a day's short interest, i.e., any short interest is essentially a rounding error & is very quickly covered. http://www.otcmarkets.com/stock/HDUP/short-sales
Kellner tried that "shorts are driving the price down!!" line on me but didn't have an answer when I asked him to explain why the official numbers contradict him. I am unsure if his claim comes from sincere ignorance, or being a sleazy promoter.
(and in case this post is unclear, let me be very direct: I currently have NO stock ownership, long OR short, in HDUP)
Partnerships sounds great, if anything actually happens.
Do you know the results (I don't!) in these partnerships?
- supposed interest from "institutional investors"
- world poker showdown
- pokerking promotions
- poker cruises ("projected 10 cents a share in profit!" remember that press release?)
The only partnership I know of that actually resulted in any action or revenue was with Tropicana, and that clearly was a big money-loser.
By the way, have you seen the latest financials? Gross revenue is down ** 80% ** year-over-year! Despite cutting expenses in half, it's losing more money than ever.
So let me ask you again: What *specifically* are the "right decisions" you think this company is making? How are they "right" when they result in huge losses?
Hi Ricky, thank you for your polite comments I appreciate it.
I am not a current investor. Kellner has pitched this stock to me as something I should invest in. Understanding the story of a stock is prudent for any prospective buyer.
Yes I make negative comments, because these issues are very obvious to me and thus I think they should be obvious to many others. It's my hope that current investors have already answered these questions and can share some explanations.
However: it seems strange that current investors appear so unconcerned that hdup is losing THEIR money year-after-year, and giving no accounting for it.
Would you explain what makes hdup a "great company"?
How exactly will this greatness result in profits for the owners?
I'm interested in seeing actual results from HDUP's business activities.
Why aren't you?
Notice how event profits are NEVER reported?
A lot of people have been enthused over the past few years that x event or y partnership will bring in lots of revenue. But these profits never show up on the balance sheet.
BTW did did anyone see how the March tournaments at Tropicana were a MASSIVE failure? Jeez you'd think after all these years Kellner would know how to organize a decent event.
http://www.pokeraddict.net/canadian-poker-tour-tropicana-issues/
People not smart enough to sell at $0.0139 are selling at $0.0081.
Jono what's your idea of a "good business model" ... a company that loses money continuously year after year?
People who weren't smart enough to sell at $0.02 are selling at $0.0139.
Profit. Don't hold your breath though.
"What is it going to take to gain interest????"
If you *really* are long for years, why do you "need" meaningless news releases? Why are you "hoping" the stock will jump "soon"?
Since you have money to throw away on these gambles, you should be wishing for *lower* prices so you can buy even more and more!
Load up once HDUP hits between 0.8 and 1.0 cents.
Ricky you have to stop drinking the Kelly-Koolaid. No amount of meaningless news articles about supposed "partnerships" and "deals" is going to make this stock a good buy.
Since this company is never going to actually make a profit, the only way the stock is going to rise is when Kellner hires another pump & dump outfit to mail-spam this thing. When (or if) this stock goes above $0.04 again, hit the eject button while you can!