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Re: Moving On post# 131761

Thursday, 08/18/2022 10:19:21 AM

Thursday, August 18, 2022 10:19:21 AM

Post# of 132337
The latest moves off this bottom haven't been a double, so it doesn't matter what happened in the distant past. However, 0.0006 does appear to be a bottom, more or less, as it's very close to the all-time low for this stock. So, it is reasonable to buy at that level for at least a small gain. The last run wasn't actually a double, and given no real news, or expectation of news from the company, I wouldn't expect a run to 0.001. A gain to 0.0008 is still a good gain when you compare that type of gain to gains in stocks for "real" companies. The good news is that this stock isn't flat-lined, like it was mostly pre-reverse split, so it is tradeable, even for small gains.

Given the managements failure in both buildings they bought last year (one for SPRV, and one for HLLK but the same management), I have serious doubts about either the ability or desire to actually complete a real estate transaction. For the 3 months they "owned" those buildings, they never once collected even a dime of rent, as they never reported any revenue. That concerns me t0o, as I think I've mentioned before. I do think the company can perform a small real estate transaction, perhaps sub $5 million or so, as I think they can muster the capital to do that. That would be issuing a lot of shares, though. It would have to be the right transaction, and not a construction project, as they need revenue right away. They can possibly flip properties, but they would have to be relatively low priced properties.

Good luck. I think there is a little bit of a run in this, but the runs have been less the last few times. Same lows, more or less, but lower highs. Still, I can see why one would trade this.