RE:RE:I have become an HCG Freedom Fighter.To ,e those are long numbers:
-The bottom is today, the top is a long down the road. I am not planning on selling my shares anytime in the next few years. The shorts should be good and gone by then.
I am talking about intraday/intraweek/ and intramonth trades.
-The numbers are sliding. whatever the normal is for that week, if the shares shoot up a few % then I become interested. If the shares drop a few % I become interested. I may/or may not pull the trigger depending on my confidence level.
If it is a bear attack. It is a no brainer. As a long I will recoup my money. either that day or the coming days/weeks.
If it is a Pump&Dump, then I have to fight the FOMO feeling. I know the stocks I just bought for cheap, if I sit on them for long enogh, will goto $25 and beyond. (about that later )
The goal of my Pump&Dump trade is not a long term one. It is to take the steam out of the Dhorts Pump, so I will sell a chunk. Here is where i stand to lose because the stock, could keep running up seeing as it is trading close to $10 below book. Christ what a deal. Oh well. If I am confident it is a Dhort Pump, then they will shortly sell-off. If not then that money is off the HCG table(it was a win remember, sold it on a pumo, just didn't maximize the profit). And I add it to the battle pool for the nest short&distort.
The $25 is near sigthed. My guess is HCG will do a buybakc before they will do dividends. They will want to have their ratios closer to the industry norm. That is just my guess. And a buyback helps with that as does the company dgrowing by 20 to 30% in revenue/profit. So one of those.
One the ratios are in line, the dividend will kick in. That is just my speculation. I could be wrong.
Go HCG Freedom Fighters go,...
wildrunner11 wrote: The question is what is the top and bottom?
i think under $14 is the bottom, the price will not stay below that for long as that’s only 60% of book (ridiculous).
the real question is what is the top? Without the Dhorts, i think around $25, above book, and still a P/E below 10, still off from big banks, RY is at p/e of 13.
Patience is what Warren said.