HUMBL Inc (HMBL)

[NoMoDo]

I made $8.6mil. Held onto $500k. Day traded the balance. I understood that the company didn't have a product ready for market and that the price would go back to close to where it started. We were at .0004 when this started. We bottomed out at .0007. Big kids are playing with the price right now, but there is some massive consolidation (buying). Cry when the stock was at $4. Even when the stock was at a buck. Or .30. Or a penny. But at this point, it is buy time.

So the founders kept ownership of the company - over 50%. Good for them. They did the heavy lifting. Grado was the only real bastard. He dumped his shares at the top. Foote was naive in not only paying him so much for his contribution, but also in not realizing that he was going to take profits immediately. Had Grado held, we might be sitting on a $2 stock and much better profit potential. The rest of the founders seem to be holding for the long term. Foote set up a third of his shares for the use of acquisition of companies and to benefit the company. He has retired a ton of his shares with each new acquisition. I personally am not worried about his shares. Same goes for Henshaw.

Your house analogy is crap. Everyone knew that there were no profits and we wouldn't see any for a few years. What kind of houses do you buy???/ Anyone buying now is anticipating profitability in March or April. They plan on holding til at least July. Then, they will likely see returns in the neighborhood of 600%. Oh the misery of holding on for 6 months to need to make 6x your investment.

So why are you here? To cry that you don't understand business nor how stocks work? I feel for ya. Might I suggest you pick a few more stocks and watch them closely, but don't invest? Learn how they work, and then don't jump in unless and until they start showing more than the initial hype and start showing a path to profitability. Then when people try to explain how miserable the company has been, slowly start buying.