Stock market in a dive does not explain HLIX poor performance @GloblDefensInitiativ.
Let's look at market's performance and see how much it should be affecting HLIX. Take the closing price on 2/18 (S&P500's all-time high), on 3/22 (S&P500's covid-19 low), and today.
S&P500
2/18 $3,393.52
3/22 $2,191.86
5/18 $2,953.91
KERN
2/18 $6.96
3/22 $4.07
5/18 $7.45
HLIX
2/18 $0.38
3/22 $0.12
5/18 $0.14
S&P lost 35% in value, then recovered 35%. Its now at 87% of it's 2/18 value.
KERN lost 42% in value, then recovered so much it's at 107% its 2/18 value.
HLIX lost 68% in value, then recovered so little that it's at 37% of its 2/18 value.
I posted earlier Venegas' words show he's blind or thinks investors are blind. Investors ain't blind. Take accountability for the company's performance or keep blaming others. Answer questions honestly or keep making stupid excuses everyone can see thru. Shareholders and the industry want the company to succeed but no one finds the stock attractive enough to buy even at these prices compared to what else is out there. Buck stops with him. Nuff said. Now get it done or find someone who can.
