InvestorsHub Logo
Followers 183
Posts 11456
Boards Moderated 0
Alias Born 01/25/2010

Re: davidmicrocap post# 883

Monday, 04/08/2019 2:12:46 PM

Monday, April 08, 2019 2:12:46 PM

Post# of 945
Biggest holder SG-VTB was likely very happy to finally have some liquidity and a much higher price to unload their ENORMOUS number of shares in HEAR with the run-up beginning last year. I would think it's almost a "fiduciary duty" for them to have downsized an investment that had probably grown disproportionately large in their portfolio with the gigantic appreciation of HEAR's stockprice since last Spring.

I think the selling out by old hedge-fund wiz Vinik in Jan. was more worrisome, but the stock action didn't really seem to be much hurt by that.

Again, i don't have any investment in this, either long or short, but as an interested bystander i find the co. an interesting one in this new era of the ascendancy of "battle royale" genre games and Turtle B's massive de-leveraging of its balance sheet. They continue to impress with their industry-leading sales stats.

I think on any future dip i might be interested to pick up some shares (not a huge amount).

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HEAR News