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Bullboard - Stock Discussion Forum Halo Collective Inc. N.HALO

Alternate Symbol(s):  N.HALO.WT.C | HCANF

NEO:HALO - Post Discussion

Halo Collective Inc. > Low Trading Volume
View:
Post by EricQC on Dec 23, 2020 3:33pm

Low Trading Volume

Am I the only one getting nervous about the true liquidity of this stock? Why is the trading volume inexistant today?

Could it be that the trading volume was recently inflated due to Halo's At-The-Money stock issuance?

Personally, it bothers me to hear Kiran during the interview on Stockhouse talking about "how the stock is also a good stock to trade because of the depth in liquidity" (inflated by management?). Shouldn't the CEO be a strong advocate of a bit and hold strategy, especially when they feel the company is grossly undervalued?

As pointed out on this board by someone else, Kiran starts to eat during an interview on Rich TV. Needless to say this looked very unprofessional and amateurish at best.

Did we hit a point where everyone holding shares right now won't have anyone to sell them to as the trading volume was inflated all along due to some internal gimmicks?

I am not sure what to think anymore about this management team. Louisa brings some notoriety but does she has a strong enough oversight over the company's entire operations to really understand what's going on?

Many promises have been made and the results so far have yet to show a compelling story. How many more quarters will it take for this company to finally show some real revenue figures/growth? A large % increase with a very small base is nothing to cheer about. They should be killing it by now with all the supposedly accretive acquisitions Kiran decided to move forward with.

Comment by Blackbear on Dec 23, 2020 5:42pm
Over 1.3 billion shares out, the shares will be consolidated, typically after a reverse split the share price will trend down...so why buy now ? 
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