LISTEN UP SHORTS THE KING IS TALKING- i called it yesterdayChicken Farmers should stick to chicken farming.
It is simple why HCG will never ever ever collapse and you better hope it doesnt. Here is why.
The collapse of HCG will have ripple effects in every section of the Canadian economy with broadbased implications. Be careful what you wish for.
HCG investors who bought at 20-40 dollar levels are not going to sell at below 10 dollars. If they didnt get scared at the bottom your not gonna scare them now.
There is a larger institutional holding on the shares. This means that there is a squeeze on the number of public shares available.
The business is not in trouble, they did not commit fraud and that will be proven soon enough.
They are on solid financial footing. This is not a mineral stock or a speculative one. This is built on years and years of prudence and guided judgement.
This will bounce back. We may have a few bumps along the way but trust me when I tell you everyday, barring a real catastrophe this stock will go up a bit. 15-20 dollars is a short term value. and even higher.
So to the shorts and the Nay Sayers go somewhere else or maybe take your aeroplan points and use them before 2020
Good luck to the longs. Remember nothing worth having is ever easy.
imho of course