InvestorsHub Logo
Followers 14
Posts 435
Boards Moderated 0
Alias Born 08/31/2014

Re: White Lightning post# 7033

Sunday, 01/22/2017 12:41:32 PM

Sunday, January 22, 2017 12:41:32 PM

Post# of 8579
The irony, White Lightning, is that if the company wished to, they could inform us of the second fiscal quarter revenues, as in the past they've reported on monthly sales as early as the 18th of the next month. Even without considering the probable sale of the company/assets, the stock would appear to be undervalued a lot based upon the first quarter bottom-line net income (i.e. even after interest) as long as sales in the second quarter were perhaps $2.4 Million or better, allowing for the company's statement in the 10K that the second fiscal quarter is the seasonal trough in sales activity (which still makes no sense to me, given that the holiday gift season falls into the second fiscal quarter).

Since you invited guesses - and honestly nobody really has a clue here other than perhaps Cashbyers and his technical wizardry (this is not sarcastic, God forbid), but then would he have sold at 2 cents and returned initially about 10% higher before adding to his position on Friday? - my guess will be that the stock will ping-pong between 2.25 cents and 2.75 cents for most of the week, and close at the upper end of that range.

I would believe that any surprises are likely to be pleasant ones, such as some other potential buyer jumping into the picture or (actually what I think is more likely) a settlement of the $3 million litigation, as I would suppose that the defendant company is telling VHUB that even if VHUB wins, they'll just declare bankruptcy, so the parties may just as well settle.

Again, you wanted guesses, and you've gotten a guess which is worth the paper that it's not printed on. I'm looking forward to reading other guesses.