InvestorsHub Logo
Followers 655
Posts 18996
Boards Moderated 5
Alias Born 07/03/2011

Re: Invest-in-America post# 197

Tuesday, 08/23/2022 8:25:02 AM

Tuesday, August 23, 2022 8:25:02 AM

Post# of 266
Helius Medical Technologies: A Net-Net Meme Stock In The Making
Aug. 23, 2022 8:03 AM ETHelius Medical Technologies, Inc. (HSDT)
Summary
A curious $14.5m microcap that $100m in value has transacted through in just 15 trading sessions.
A recent equity raise increased cash position by $16.4m in August. The company is currently net-net trading below net current asset value. P/B is 0.69x.
Shorts are likely to be forced to cover in the next two months given high cost to borrow rate of 558% currently, second highest amongst US stocks.
With Reddit retail investors piling in and billionaire hedge funds involved, I think we have a meme stock in the making poised for a volatile short squeeze.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HSDT News