InvestorsHub Logo
Followers 3
Posts 97
Boards Moderated 0
Alias Born 08/18/2015

Re: None

Friday, 09/04/2015 3:32:58 PM

Friday, September 04, 2015 3:32:58 PM

Post# of 62159
I'm not telling people to short. I'm not an investment advisor, and either way, you can win or lose money. All I'm saying is that this stock has not shown the ability to sustain growth. Ever since it went public more than two years ago, it has been on a downward trip. Sure, if you're day-trading you might make some money on the occasional bump, but if you go long, you need to be aware of the risks. There always seems to be a story about a "turn-around", but if you buy into this hope, you get burned.

We all like to think that companies will generate wealth so that the common stockholders will grow rich with smart investments over time. But sometimes, companies cut favorable deals with their friends, literally giving them shares for pennies on the dollar, and diluting everyone else. When that's the case, you can do better by betting that the share price will go down rather than up. Do I KNOW that this will continue to be the case? Of course not, I'm not an insider. But before you continue throwing money into this company, I would wait for a period of sustained growth. Like I said, when this is trading in the dollars, I might change my opinion of where this is headed.

Good luck to all, whatever your position(s).


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HCMC News