FOR NEWCOMERS TO THIS BOARD
Just want to point out something important for those that are new here and sitting on the sidelines, deciding whether or not to buy shares. Over the last 3 trading days, we've averaged about 18 million shares traded per day. Don't let the lack of volume convince you that investors have lost interest in this stock.
There are approximately 1.7 billion shares in the float according to latest estimates, and roughly 58 million shares have been sold the last 3 trading days. That accounts for 3% of the float, or approximately 1% of those holding shares are selling them per day.
These investors are simply those that would like to free up capital to invest in other stocks, and are impatient. Investors are quietly accumulating shares before we get significant PRs.
Where's my proof behind this assumption?
Take a look at the accumulation/distribution graph TEK_SSStockzz has posted; it's located near the botton. Going back all the way to March, HMIT was being accumulated to this very day. The value just keeps increasing at a constant rate. That is why our share price has remained constant over almost 3 months without barely any news. Just like there's a bubble when a stock is overbought, we have hit rock bottom, and this stock is REALLY oversold.
These shares are very tightly held, I don't plan on selling any time soon, and neither are others that I invest with. We know how much this company will be worth in the coming months. Make no mistake about it, lots of investors are quietly accumulating everyday, you'll be sorry if you sell now. Big things are just around the corner.
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