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Hillcrest Energy Technologies Ltd V.HRH


Primary Symbol: HLRTD

Hillcrest Energy Technologies is a clean tech innovation company developing high value, high-performance control systems and electric power conversion devices for next-generation powertrains, charging applications and grid-connected renewable energy generation and storage systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power the future.


OTCQB:HLRTD - Post by User

Post by ScarletSpideron Oct 06, 2020 3:41pm
190 Views
Post# 31674984

I finally bought in but very small amounts

I finally bought in but very small amounts
I will no longer disclose my holdings or be too happy on the boards. I will try to keep it as real as possible. For the poster who has a $2.25 sell target like your conviction but I like to keep things real here. For this to break over .50 it will need really strong revenue and high gross profit margins because of all its outstanding shares. Things can flip on a dime. Near term I am looking at .10 to .20 that means 6 months to a year. It breaks .20 better. I think I made it clear as to what I will be doing...if I am remembering correctly..here it is if I am not...and sorry if i have...on a double i will sell near half my shares if the equity keeps rising i hold the other half if it drops as much as 10 percent i will sell about a quarter probably less so i keep either a quarter or slightly more. If i had more shares it would be sell half on a double keep everything on ongoing rise sell a quarter on a ten percent dip from a double and hold a quarter. I bought in now because .05 to .06 is fair even if it breaks down. My valuation here obviously is worth more than .06 plus what i paid but this is for the market to decide. I will consider this my first half bought so if it drops i am holding. I couldn't break my buy in two because of limited funds wouldn't make sense. I sold something else to buy here and that lost me about 43 percent of small monies invested. In any case, like i said realistically within the next year .10 to .20 is quite possible the higher the better but to break .50 it will take a lot of doing. I see this as i see eguana tech. I wont talk consolidation or anything like that until i see revenues and what this does and even so unless revenue is showing ongoing strength I wouldn't recommend it but the 160 million os is most definitely a real drawback here even so with ev potential and the energy side it can be offered but by how much remains to be seen due to not only revenue but also gross profit margin...shouldn't be less than 20 percent but the higher the better. Mrs is and that is not helping the stock despite having quarterly revenues of 25 million or more in 2020 and should be gaining more. It has around 188 million outstanding shares currently has a floor support around .195 so try to keep this in mind here structure and price wise along with its gross 7 to 11 percent isnt really helping it despite working on a minimum 124 million contract that can be as high as 324 million though the company stated there are no guarantees...it seems to have secured 98 million if people dont cancel so folks yes contracts can and do get cancelled. Another thing keep abreast of Sedi filings to my understanding companies are not obligated to put any news releases out other than being legally obligated to put everything in the Sedi filings every quarter but I am not 100 percent sure on this although I vaguely recall raising this with a past eguana tech CEO. He point blank told me people should take profits when they are there when I said to him that retailers are getting scorched while insiders sell. Folks you have to look after yourselves. I talked about triggers so that is what I am and trying to do...I did break my word selling out of mwm but I posted there to be very up front and honest about it. Trust me I hate breaking my word but that was the only way I could buy here. And as I said there had mrs been honest since day 1 it was doing ppe I wouldn't have bought mwm for that...mrs has all this ppe contract so I didnt need half my holdings 2/4 stocks with ppe. I missed on bloody pyr .21 at the time because of that. Oh well. So, the only word I will ever give is one of my trading strategy already talked about it...that's it. Everything else assessment wise I will try to call it as neutrally as possible if I tap which I am trying hard not to and there is no reason when following my triggers. Is this a good investment for under a dime absolutely. But i have said what i have about share structure gross profit margins and comparing it somewhat to mrs because of nearly the same amounts of outstanding shares. I am absolutely happy to have bought in for all the reasons i posted in the past now it is wait and see how things go. As for the person who says something doesnt make sense well when these were trading at .13 the bottom line obviously wasnt supporting that share value and the hype went down as people took their profit. For this to move it needs to start seeing contracts and keep seeing them. A lot of things have been in testing and development phase so it is not realistic to expect this will either jump or hold price if things dont seem to move forward which they are it is impossible for them not to but how long they take to start up well the company will let you know that until then you either buy hold or sell. Ok that's it I love the potential and I will see where things go as to whether I will get more shares if I am not able to I have at least something. That said I will make as much strategic moves with share management as I can. Good luck all happy to roll the dice here.
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