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Re: None

Thursday, 07/01/2004 12:45:07 PM

Thursday, July 01, 2004 12:45:07 PM

Post# of 7045
Thank's Chuck: At that time I was reading your post and others back then on the old HRC board. Like so many of us did, we were just trying to get some new information which was hard to come by. At first I thought the PPS was a dead Cat bounce and was playing it that way. I can't blame you for not staying with HLSH at all though, because I also bought on the idea of flipping it like I did MCI, WEL, Kmart and some others back at that time in the market. Everyone was sure HLSH was going BK and the shareholders would be left with nothing at all in value like so many other companies were doing then. You and I even posted about the stupid traders still trading K-Mart stock when the news was already out that the shareholders had no value left, but days later it was still trading at .09. I had just lost my value on half of my position of SBLU that I decided to hold when they were halted and went BK and I was like everyone else and didn't want to get stung again either. I was just lucky enough to get some information to see some daylight on this one and stayed buying on the dips to get back a lot of the shares I had already flipped for a good profit. The information was that they were still generating 4 billion a year and I thought that was a lot of money for it to go under. I also drove to 5 of their locations daily for several weeks and watched the amount of people coming in and found out some were on a waiting list to be treated, so I rolled the dice and took a big gamble. It sure would be nice to have hindsight, but we don't and that is just the nature of the beast. I consider myself very lucky to have had 5 HLSH locations within 25 miles of where I live and that plus the money they were generating helped make up my mind to stay with the play long term. As you know I shoot from the hip, so it was more being lucky on my part, than being any above average savy trader for sure. BOL to you, Walk
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