Tuesday, September 04, 2018 6:22:14 PM
I call them "PPC PLAYS" In Dec 2008 $PPC (Pilgrim's Pride) crashed HARD over corn contracts. Quickly hit the OTC and They had to file chapter 11. In My Never Humble Opinion, there was no way a fed judge would liquefy PPC one of the largest food producers out there. And felt they would be given a clear path to recover, they were given release from unfair contracts and aloud to sell off toxic assets over seas. Most peeps out of fear sold crashing her to $0.13 I grabbed 1 million shares Dec. 2nd 2008 (Wish I had gotten more). On my birthday Sept. 2009 I sold it all for $4.4ish. Not bad for 10 months of not work. I have forever on called these PLAYS " a "PPC PLAY" I look for them all the time.
THEY ARE VERY RISKY, yet can yield over the top returns. And or loses if you play too hard. When a good company gets caught up in fear crashes and has real value and a great chance of recover I PLAY HARD.
(IMNHO) $HMNY is one of these companies She has always recovered (look at her long charts 5 to 10 year worth). And the Company as a whole has great holdings. MoviePass is only one of her assets. As I said earlier MoviePass can go inside out and upside down and I feel in the long run Helios will recover. Heck I even feel if you have enough share you can go long and be gold even if she has to R/S us.
ALL OPINIONS or as I say (IMNHO)
Not an OTC
Not a Trip
VERY RISKY and not for most traders
But if you can play these ladies you can win big (or lose hard)
"I am crazy, my mother had me tested"--Grin
Give me a FOLLOW if you like Crazy Opinions. a "PPC PLAYS" all the way and you're in one if your playing $HMNY
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