RE:RE:RE:Hill Street needs another Law suite filed against them...Why are you invested in them if you don't believe in them? If you think they worry half of their current SP then sell... You could probably drop this to all time lows yourself
Ryezensum911 wrote: You are correct, I am still holding the bag with 200,000 shares. When I say I've written them off, that is to say I have for now completely lost all faith in this company, and have very little expectation of seeing any of my monies recouped. None the less, there is always naive hope that should this company become financially desperate again, there may be another unwarranted or mysterious rise in the share price, and at that point, I may realize a slightly reduced loss. At .17/.18 this company is over valued by approximately 50 to 70% in my opinion, and it will take atleast a year or two of organic growth, if they last that long, to grow into that fair valuation. Also, I feel a possible buyout would only offer the current market cap as a generous offer for the current financial state of Hill Street. With that said, I don't expect much honest gain in the share price, and can quite easily see this falling from here if they don't announce something substantial very soon. The competition now happening in the non alcoholic beverages will be unlike anything HillStreet has seen before, and they cannot afford the luxury they had before with such anemic growth. Time will tell. These are just my views, and I do wish the best for all who have invested here. Surprise me Hill Street!