Replies to post #32207 on Houmu Holdings Ltd (HOMU)

[Blur]

l Been doing this a long time since 2001.

I’ve been investing in startups since early 1990’s through the net boom more of core investor not swing trading and I disagree big time at the micro approach to RM IPO SPAC’s

My position was originally on Lazar’s reputation, which BTW I’m certain he didn’t clean up a scam PYCT dividend shell ticker to another, but in a macro view, DLazar and Wei Tian would not do a cash sale on a possibility of not having a share structure worked out.

Again more interested in now the macro of the IPO. Having experience with startup investing the successful ones do care about shareholders and growth, especially with plans of uplisting to NASDAQ. This requirement is just RS into a SP. The uplisted candidate needs to have a base of traders trading.

Experience shows shareholders matter. One good example is although already uplisted APPL flatlined as a fading dinosaur late 80’ early 90’s firing CEO SJobs.
Mid 90’s APPL SP avg. .53 - .60’s Jobs offers to return for no pay. APPL SP dropped to .25 - .28 for months until he announced a plan to strengthen shareholders position.
APPL began a buyback plan using earnings. This began APPL big turn, the shareholders investment. Jobs then started to announce new plans to meet the hot net/ tech market. I supervised one of the first of 12 of Apple’s new concept store in Cambridge MA 2001. Apple’s started using earnings to do forward splits for investors.

I had a small view and sold my APPL years before for over 100% gain. Biggest mistake and best lesson ever learned. I missed out on multi $millions

So to have a IPO start it’s best to have the shareholders in the market of investing into the company, not selling or running from a RS.
Also again SP $4.00 min has to be trading briskly with investors. Not sleep walking with a $4.00 share price.

This said the IPO MC is the big news ahead. I am confident Wei Tian and DL has the share structure down.

No way is the trading more than 1.2 billion. I’d like some prove this SS is higher by trades

More will be revealed

[Catman_99]

Chances are I will have sold 3/4 of my position by may depending on the news/catalysts we get. Will long a couple mil for the hell of it but it would be time for me to walk away while I'm ahead. Already have a pps exit point planned. Ive turned a $1500 investment into about $47 grand just off this ticker currently. A few years ago I would have never thought this possible. I feel truly blessed to have found out about this ticker. For the respect for my fellow shareholders here though I won't dump them all at once like some people. I still believe XMET is going to be a long term winner but I have personal reasons for needing the money sooner than later. I believe XMETs brother and sister may start to come alive at some point around then also, even if they are just quick flips.