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Thursday, August 15, 2013 10:51:52 PM
I can look up tons of IPO's to as examples and can name 2 companies off the top of my head that showed this PPS trajectory. I will post their symbols if asked but don't want this post considered off topic.
MDHI's PPS settled in around .02 within three months of the IPO. Granted there was the ONE P&D shortly after the IPO which is cause for concern even though it was a one time thing about 3 and a half years ago when MDHI was run by Howard Teicher--the man you hold up as the beacon of light from before Ronnie took over.
MDHI has started producing the "real" numbers--verified by audit--that many have been calling for. The audit verified what MDHI told us about 2011. Hopefully MDHI's audited numbers for 2012 also show MDHI was being truthful and then we can expect that the audited numbers for the 2 quarters ending 6-30-13 will show positive cash flow as projected in the most recent 8-k and 10-Q.
Everything is looking up for this company and for almost all that have invested in it. I would expect the person or people that bought the 1000 shares at $2.50 each may still have to wait a while to be in the green but if the positive cash flow is there quarter after quarter after quarter it is still possible.
Recent WHSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 09:52:36 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 09:01:11 PM
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/20/2023 08:28:54 PM
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