Post by
321Blastoff on May 22, 2018 11:40am
Shorters or lack of investor confidence ?
The chart shows HIP steadily losing ground as of May 2nd. This is around the same date that investors would have received news of a possible consolidation. If all of the other stocks were continuing to trend downwards I would not be as concerned, but clearly they are not, in fact most have seen significant gains. Look at charts of the past month for APH, WEED, ABCN, N, LEAF etc. and you will see that they are all clearly moving upwards while we sink. Before you blame shorting of penny stocks, both ABCN and N fall into that category and are doing just fine.
Comment by
flyboy27 on May 22, 2018 11:50am
Investors are aware of the plan of consolodation... that is the only reason Hip is down. resolution will fix this problem. GLTA.. TSX Comp @16200 good things about to happen!
Comment by
321Blastoff on May 22, 2018 11:54am
Which resolution do you mean ? To consolidate or not to consolidate ?
Comment by
Thelonious on May 22, 2018 12:12pm
I'm starting to lose confidence here. just keeps going down, thinking of selling.
Comment by
Diomio on May 22, 2018 12:15pm
would a share consolidation affect the warrants? aswell
Comment by
flyboy27 on May 22, 2018 1:16pm
either way, however if they would never have considered this consolodation, SP would be the other side of $1.30 because the recent sector interest. wait till later today if they say no consolodation. sare price will jump up, warrants also.
Comment by
gregor90 on May 22, 2018 1:38pm
if they say no consolidation, the shorters will run like crazy to cover and the SP can jump like crazy as well. Risky to short here. IMO
Comment by
OSKARtheRED on May 22, 2018 1:52pm
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Comment by
Pogo3 on May 22, 2018 1:39pm
Consolidation will be at least at 3 for 1. Good luck.
Comment by
OSKARtheRED on May 22, 2018 1:49pm
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Comment by
321Blastoff on May 22, 2018 1:53pm
That is why I am hoping for a NO. 3 to one means and exercise price of a warrant @ $5.25. Hard to see this stock reach that any time soon after consolidation. However we have been close to and above $1.75 with the current outstanding shares.
Comment by
flyboy27 on May 22, 2018 2:06pm
There is a lot of people involved in this company... you would think they would be in tune with what is going on in the sector. The company has huge potential in never before market. this is why I speculate that consolodation or not, its still going to go up. I guess we will see.