Thursday, September 28, 2017 12:17:35 AM
Saying "almost no bid" is a vague way of bashing. Without pulling up the chart, I believe txhd has basically bounced between 4 and 6 for a month now. They hit 3 once. And maybe 9 once. If I recall correctly.
But NEVER, had it pressed close to no bid. I've been in stocks with no bid. This isn't anywhere close.
The big lawsuits are now settled. And if this survives to Christmas, you will see a nice bounce (around the time Auctus is done). It's also possible we get a bounce before then. I highly expect Q3 to show another high on revenues.
I'm not saying this is destined to be trading at $0.189. That'd be foolish of me. But it'd also be foolish of me to say "it's almost at no bid". And it'd also be foolish of me to saying revenues are decreasing, when txhd just had higher revenues in Q2 as opposed to Q1 of 2017.
Yes, I'm down on this stock. But I haven't cashed out yet. And you know why? It's because there's no way at all that I believe the current pps is the best possible spot we will see. Not even close. My money is on that gap closing. I won't predict it. Because I'm not about that. But I know what I'm doing with my money. This isn't my only stock. It's actually less than 10% of my trading portfolio.
I've fluctuated between 1M and 6M shares of this stock. I'm currently at 3.2M. I believe that's a decent number to hold for now. Can live without it, but also enough to cash in decently down the road if txhd surprises us and executes on their game plan
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