Replies to post #22068 on Don't Bite The Hand That Feeds You

[hero86]

re: HLXW - They had shares from a loan hit the market on Jan 11th from a share lockup agreement, it appears from their form 4's that some of the insiders may have sold on the knowledge of this coming up and imo many got scared and sold on this becoming public knowledge. Next they defaulted on a section of a loan with St George Investments because of the stock price going below $1.50, from my understanding. All not good news, but it isn't $.20 bad imo.

I believe it was just a complete ripple effect, with one thing after another and panic selling. The last three trading sessions however look to me like a solid reversal pattern. I bought in Friday on the signs of this reversal. I think the stock will see a hard pinch here.

I also have knowledge of the wind turbine industry from research and know their designs have some solid feedback.

--This is just a rough idea, do your own DD, but feel these were all reasons.