posted
hi, i'm a new investor in the less expesive stock game. i was trying to make a play on the low-carb frenzy and i bought a few penny stocks (besides tyson and a lesser-known egg company). i also found this company:
hnns.ob
the day after i bought it, it went up 100% during the day, then went back down to up 50%. i of course held on and until today, it was up like 10%. today it went up 25% again and i can't see why.
posted
I'm kinda new to this, so what I say could be pure rubbish, but.....
It appears that, for a penny stock, they have pretty good financials for the last couple of qtrs. This looks to be a new emergence into profitability. They've had a correction with the SEC, and made some financial and mgmt adjustments and of course their products are in the right place at the right time. Quite possibly a good pick!! (IMO)
Again I remind you that I AM A NEWBIE BIGTIME! If anyone else happens upon this post and checks this out, I'd welcome any thoughts/comments/suggestions on the above statements. Best of luck with your Trading
posted
thanks for the comments. yes i was thinking the same thing and my thought was that if even a fraction of the non-carb eating people tried the product, their quarterly results would reflect this and the price would shoot up. that is my hope anyway. it went down a bit today. i'm still up a few hundred bucks, but i'm hoping it will take off.
posted
The only thing negative I see is the Debt, but strong growth in sales can overcome this. I didn't think volumn to bad for a long hold. VAN
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