I may move lower. Or higher. Or sideways.
I really don't know. There is a lot of value out there. I'm trying to get out of my penny stocks, like this one today:
03/31/20 12:33PM EDT Sell 1600 MMNT Executed @ $0.61
03/31/20 12:33PM EDT Sell 1500 MMNT Executed @ $0.61
03/31/20 12:31PM EDT Sell 8450 MMNT Executed @ $0.61
03/31/20 12:31PM EDT Sell 1550 MMNT Executed @ $0.6101
Finally, some good PR came out today, letting me out for a $2,500 profit and 1,000 free shares left on the table. I'm just glad to make profit in times like this.
That doesn't mean I'm moving it to HLIX. I'm trying to hold cash. Blackberry over there, also struggling, is at a p/s a little under 2, and they are cash flow positive. And they have gross margins of 77%. That's much better than our good margins. You have TAST, Burger King's largest franchisee, at like a p/s of .1 right now. Although, Enterprise value about equal value at a p/ev of 1. That's highly leveraged, but cheap.
I think things are going to get worse. I think HLIX is in a good industry, all tihngs considered. There is so much competition for value now and people are having margin calls, trying to keep their job if they have one left. Hopefully they turn to booze and cannabis like they did in Prohibition 1.
I don't think these are times to worry about HLIX. This and Fineqia are my only penny stocks of pride. And AVNI, that Chinese lady that can't give birth. Another interesting filing this week. She's trying. She's trying hard. This is probably not the best time to give birth, but who knows. Soon to her can mean something like "Jesus is coming soon." Time has no meaning over there.
That's all I can say about that. Those 3. I'm trying to get rid of everythign else. Too much good value out there!!!! And things could drop much lower, Whatsup. I don't think people are going to be too focused on HLIX right now. That volume started higher than PHUN this morning, but PHUN ended the day with even more volume. And a greater fall in price.
Although the gap remains, those are two interesting gaps to watch. As PHUN loses sales and HLIX ramps up sales. A lot will happen in one year. I know you wanted 25 cents at one time. Now you want 7 cents. I hope you get the absolute bottom. Wherever it may be. Personally, I think this is a good price if things work out for HLIX or if someone eventually buys us.
