Connor26, twenty-five years ago I bought dozens of properties, all wholesale, meaning I could normally sell my position in those properties in a very short time to anther professional and at least get my money back. Buying wholesale has very little to do with the "bricks and mortar", it has to do with the uncomfortable circumstances of ownership. The house sold at big discount has nothing to do with the "bricks and mortar", and I was comparing that to stocks being sold. Do not confuse what I am referring to with a property that has potential if you fix it up, there are profits to be made there too, but that was never my game, and that is about "brick and mortar" plus often, uncomfortable circumstances. The comparison has its problems but the point is that HISC did not get worth less today, people's fear and impatience and profits taking all played into traded at lower prices. HISC is still selling for less than it is worth for those who have done their homework and are willing to take some risks, which is obvious sense HISC is still trading Pink.
PS and dont assume I was a cash for equity person for people in trouble, because I wasn't, there are lots of uncomfortable conditions, that beg solving, like management. Buy apartments and exchange up and out giving the new owner a breakeven guarantee leaseback for a couple years...you can cash out a nice profit immediately with such "management" solution sales.
Ah, those were fun days, but I am glad to not own any investment property at this time.
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