Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Good Thursday evening, Cash, and I enjoyed your post a lot, because what you were doing is really distinguishing between two forms of investing risk:
1. Falling in love with the company; and
2. Falling in love with its stock.

You made some strong points about how technical analysis can keep one from falling in love with the stock.

What's fascinating to me at the moment with VHUB is that, as regards the fundamentals, there are more potential good things that could happen than bad things:
1. On the bad side, the potential deal with PLY could fall through.
2. But on the good side, the February litigation could work out favorably, the second quarter sales and earnings could be better than the company's stated expectation that Q2 is the seasonal low, more suitors for the company could come into the picture, and the President-elect's anti-regulatory Weltanschauung (I've wanted to use that word for the last 54 years since the time of preparing for the SAT - it means worldview or philosophy) could really help out. Meanwhile, the company really doesn't have toxic debt anymore, and I don't think that's been fully reflected in the gain in the stock price this week.

So I could see a trading strategy of getting out and back in based on SMA's, RSI's, and the like. However, with the spreads between bid and ask, it becomes more of a challenge to make it work (how many times have I read here about people thinking that their order should have been executed, but somehow wasn't).

Best wishes in whatever way you wind up playing this hand...