Post by
impega on Aug 23, 2024 11:16am
Selling HWO for HOH?
I wonder if investors are selling HWO and buying HOH? Seems like HWO has some selling pressure while HOH getting a lift.
Comment by
blackwolf25 on Aug 23, 2024 1:08pm
Oh the violence.. I don't think the market understands what either of these are.
Comment by
alertmeipp on Aug 23, 2024 2:26pm
I thought HWO would trade better given that it has a more secured runway. but HOH pretty much trading at net cash value, and would trade a lot higher if PNG works out i have been adding HWO Volume has been high compared to pre split for sure, someone is dumping
Comment by
BigWillie on Aug 26, 2024 2:56pm
when considering volume, keep in mind this is quadruple of pre-consolidation number of shares, 50k shares traded today is equivlent of 200k of HWO three weeks ago. IMO, HWO stands pretty good ground to someone's dumping.
Comment by
Stonksonlyup90 on Aug 26, 2024 3:02pm
Agreed, and this was anticipated by many I believe. There will be shareholders that want nothing to do with the legacy CDN business and want to focus solely on PNG (which also appears quite undervalued based on long term prospects). I do think the spin out /reorg will surface value... it might just take some time.