OTCPK:HBAYF - Post by User
Post by
piedoneon Jan 12, 2017 7:00pm
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Post# 25701962
Stock market charlatans could you illuminate us?
Stock market charlatans could you illuminate us?So, on December 06th, one day after HBC reported the third quarter 2016 financial results, the company declared 125 million loss and a total comparable sales decline of 3.6% and the stock price went down just 7%, reaching a minimum of 13.50$ that day. In the period 06 December 2016 and 04 January 2017 the stock traded flat between 13.87$ (maximum) and 13.08$ (minimum). And then the magic happened in just 6 trading days starting January 05th, after the Macy's results and the total comparable sales decline of 0.7% for HBC for the nine weeks period. The stock price crashed an astounding 35%, from 12.75$ to 8.97$ (minimum today). So, total comparable sales decline of 3.6%, stock price decline 7%. Total comparable sales decline of 0.7%, stock price decline 35%. What's the scam stock market charlatans?