OTCQX:HBORF - Post by User
Post by
BigSwingson Aug 27, 2019 2:09pm
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Post# 30071075
Thanks For Your Reply RB
Thanks For Your Reply RBI was shocked that he would/could write that without repercussions, so I discussed it with some others in the industry and they came back with some wild theories. Yours seems very plausible because MJ stocks have been hammered, so a lot of sector gains have been given back and that can make investors sour. No one likes to see their stocks go down, especially as swiftly as the MJ sector has lately. I was told that for the most part people post with agendas, which makes sense. He said that it's very typical that a short seller will spit vitrol on a board when they're short the stock, in hopes to encourage more selling pressure. I countered with the fact that there is virtually no short position on HBOR. He said that a lot of experienced traders, especially when they feel that they're having an influence, will go long after covering their shorts, once a stock is over sold, so they continue to disparage it in hopes that it scares weak hands into selling, so that they can accumulate the stock at low undervalued prices. It seems a little conspiratorial to me, but I guess that its possible. I'm pretty confident that the revenue will be as projected, but don't anticipate that alone moving the needle. They need to close some deals to grow and get some significant news out. If we see deals done at valuations above what it's trading at in he market, that should start to move the needle. Sorry for the long post...too much time on my hands today :)