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StockItOut

06/21/18 12:14 AM

#7829 RE: Moeclay #7823

Nice post. Good find.

BobDoleYahoo

06/21/18 2:57 AM

#7837 RE: Moeclay #7823

LMAO you trying to convince others, or yourself? Of course they won't do a reverse split, not until Nasdaq threatens to delist them. I already said before that the reverse split won't happen until around late fall or early winter.

If voters say YES, they continue to dilute and eventually the price goes back below $1. Rinse and repeat. Death Spiral Financing.

If voters say NO, they delist and stock price tanks and they continue to dilute and do the reverse splits anyways just like I warned about DCTH.

Either way, shareholders lose.

As I've said: There is no rush to buy HMNY. If longs were smart, they'd sell now, and buy back 6-12 months from now (if ever). You'd own so many more shares/% of the company. I warned others to sell in the double digit dollar amounts and buy back lower. A few listened, a few did not. Do you want to guess which ones regret not listening to me?

PennyWorld

06/21/18 11:06 AM

#7916 RE: Moeclay #7823

That is a little easing, however I suspect they made those statements to try and prevent a free-fall in the PPS because they still need to dilute to pay the bills...so they want the PPS as high as possible.