probably right only trying to help
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Beagle and bull delusional and just fed by journalists
Can someone please explain how this is $2.25? I just don't understand. Its at a PE of under 5, they have no debt and the performance of the business is the best its ever been.
Sure things might get hard for a while, but this just dosen't seem logical?
Its not logical but I can tell you what's been going on over the last few days, a couple of big broking firms have been selling some of their clients shares, they dont have a bottom price so they just keep pushing the price down to meet the market, I will be able to see who they are for sure on monday and the net share sales over the top 100 holders, fortnight before this one the net was positive. PS-My wife bought me a lovely sweat top from the local Hallensteins today and the manager told her sales were steady with no probs with inventory supply at this point, winter stock is already being put out with the summer stock.PPS-Unless the company is about to go broke then the current price is just plain stupid.
Two greatest motivators in the market has always been fear and greed. Have a look at how the virus has affected LOV in the link above. Some people think that's coming here. I for one think widespread community transmission with consequent severe effects on HLG is highly probable and looking at the share price its clear I'm not alone.
I was really bored and sinned yesterday ...I watched a bit of CNBC ....and regret it.
Best insight was a guy who said you can’t help miss those who went 100% cash in January ....they keep telling everybody about it.
The best people are guys on this forum saying they went all cash in January and then posting it multiple times ... only to then post in some threads about how “they still had a small holding” in something
Yeah sure buddy
[QUOTE=Cadalac123;801024]The best people are guys on this forum saying they went all cash in January and then posting it multiple times ... only to then post in some threads about how “they still had a small holding” in something
Yeah sure buddy[/QUOT
Good observation!
For the sake of complete clarity I am not short HLG. I sounded some notes of caution last month when the shares where about $5.50. Anyone who listened to the barking and acted on it has done well and feel free to give the dog a pat on the back (as there's so much unwarranted angst on this thread).
The truth is contained in Proverbs 27 v 12 The sensible man watches for problems ahead and prepares to meet them. The simpleton never looks and suffers the consequences. (The Living Bible translation).
I think it was pretty obvious by late February there was serious trouble coming for retail and articulated that quite clearly. I am not down-ramping and am not short this stock, (am short AIR, HGH and TRA), and have no intention to buy back until there is solid technical indicators to be reasonably confident this has found a bottom.
I think the angst comes because some posts have an obvious excitement to them, not just beagles but many other 'cashed up' traders. Sure you guys have hit the jackpot here and nailed the timing but a bit of empathy for the many people going through some very dark days right now wouldn't hurt. This it a time when people's mental health is pushed to the limit.
Please keep barking Mr beagle your posts are very valuable but you don't need to rub it too deep :).