EXPM:HRTFF - Post by User
Comment by
Goldon45on Nov 07, 2021 6:16pm
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Post# 34097942
RE:RE:RE:RE:RE:RE:RE:Homestone
RE:RE:RE:RE:RE:RE:RE:Homestone Exactly. As I have pointed out several times before though, HRT reacts very negatively. It recovers typically in a couple of days to a new low or back to pre-"news" levels.
There is a risk, no doubt and if you haven't studied the trends with HRT, I wouldn't recommend it.
When it hit 1.5 the other day, I started buying, hedging on that overreaction and recovery. I picked up 1.24 mm shares at an average of 2.05. Sold 2 days later at an average of 3.15.
My original funds have been out of HRT for more than 18 months. Just after the second CEO change. That is when it became a penny flipper for me.