Because its plain and simple a) the company does not pr ever. The company always has increased investor interest when it releases filings like their earnings and their share buyback and when they acquire a new company.
Historically that is what happens as well the company was expected to lose money this year because the new acquisition was not supposed to be streamlined so quickly and efficiently. The company has had the reduced chopper tourist business which I might add is only a small part of their business at the NYC helipad but people like to use it as the "only" thing when bashing the company down for whatever reason I do not know.
Might be the shorts that latch on to it after each earning increase and each positive filing because their is such a small internet presence of investors. That would not be a bad thing to change IMHO and am sure every investors opinion. I for one would like to discuss the company and the growth and changes they have been going through as I am sure others would from time to time.
I have been a holder for a while and trade it as I said I do, I sell off some of my position during strength and I re-buy when the shorts hit it right after for more shares and will continue to do so, I have been able to accumulate 580K shares this way and when it trades the way I think it will in a year or so I will be happy at having made myself a nice investment. I am already pleased but if I can continue to acquire and end up getting a million shares or so and it starts trading its fair price and the price also increases over time with growth I will be very happy as 2 + 2 = 4 and a million shares being worth a 1/2 mill is not out of the rhealm of possibility.
I do this with 7 different OTC companies I only now post on 3 of their boards as most do not have posters because they have different types of investors, they are long term and not the internet types that care little that a stocks pps will go down on very little volume in between filings due to short activity as they are in it for the long term and only really care that the company is doing what they need to.
So rather than continue with explanations I will just point out again.
1) The company was supposed to lose a lot of money this year, instead they didn't except in Q1 and their revenues Q over Q in 2018 have been going up to 2017 levels. That is a pretty big deal my friend.
2) The PA nonsense is over and the recent 8K with the disposition on the last bit of the note from that has been taken care of and they have a new revolving credit facility for new acquisitions which they like to do in cash as anyone who is an investor in the company knows.
3) The company is buying back shares what company does that on the OTC, many say it but almost none actually do it and when that filing was released the price spiked .16 on like anemic volume check it yourself (.11 to .16) as shorty had to cover and the stock trades thin as people like myself own large blocks and only (at least in my case) only trade a minute portion every spike so that I can increase the amount I hold. Sell 30K on a pop with the flow of trading and re-buy 50K with the money when short comes a knocking, no message board postings no PRs nothing.
4) The stock always goes up with increased shareholder activity its a given it happens sorry, shorty has to cover and the 10K is always when the most volume comes, not from Ihub or message board postings. No trading groups buying it etc. Just look at the posting history here nothing really since like 2015, but still we shareholders still buy and hold not sell off when shorty comes a knocking. I on the other hand buy shortys shares which is what I do he throws I catch.
5) The stock is trading at around 1/2 its book values. Why would a stock in any country on any market trade for only about what they have in cash? Seriously?
So, If I myself can post the positives and show that the stock is insanely low trading at less than half book value going through a growth stage with a reduction of more than 10% of the float going on I am more than happy and willing to.
I wouldn't mind a fellow shareholder to chat with from time to time, as we get to discuss what most investors don't the success of the company we invest in, not through hyped up PRs that the company pisses their money away on, but reality, real revenues, real growth after what was supposed to be a deep decline after a negative impact from one small part of out business I will.
Whats wrong with that? No need for flashy prs to say hey historically price action happens at this time and after that the trading range rises year over year as the company grows.
Look at the trading normal range 2016 .04 to .08 look at it 2017 .12-16 with only the recent short activity taking it lower. I am sure I am not the only savvy investor out there who has not been increasing their holdings, my 580K and the 1.7 mill the company has already bought back is not the only reason. I am not the reason it spiked from .10 to .16 when the 8K about the share buyback happened, I am not the only reason the stock went from .04 to .3997 in 2017 and it sure as hell wasn't PRs or message board postings etc.
So you tell me why I would not think the price is not only going up to a normal price for goodness sakes lets say just what the book value is and why not tack on some more for the growth, the share buyback and the future growth? Or do all companies only trade for half their book value, or no maybe all companies only trade for their real book value, well then its going up. Companies trade for more than their book value especially on the OTC give me a break I cannot believe one would even ask these questions especially about the spikes in share volume Ray Charles could read that on the chart and all that with no PRS or message board hype imagine that.
Just trying to get some of my fellow investors to chat about the company that's all and to point out glaringly obvious points to anyone looking at the company. Why would anyone want to buy the stock, please really? Why would it spike, really? History my man and fundamentals. Nothing more nothing less. Cya in the funny papers, check my posts I may jump on a trip runner from time to time and scream with the rest of them but never with my real investments.
And if you are one of the shorts thanks for the shares you been selling me I will take more thanks. Peace out.
