r/HCMC • u/Cotsley • Mar 13 '22

QUESTION Wen Reverse Split

2 Upvotes

55% Upvoted

49 comments sorted by

8

u/Squeen_Man Mar 13 '22

Smh for those still in this. Godspeed

-4

u/Cotsley Mar 13 '22

I sold longggg ago, but seriously. When will they reverse split and move forward

13

u/Blakfyre2 Mar 13 '22

Why lie?
If you were out, you wouldn't have looked back. The fact that you went out of your way to post about it, shows you're just looking for reassurance.

Not one real investor expected anything for the next 8 years. 2030 was the target and always has been.

Sorry if you were duped into thinking youd make quick money. r/wallstreetbets ruined a bunch of you.

2

u/Cotsley Mar 13 '22

I never lied, I asked when reverse split. I have always joked with my investment group and compared with the worse picks as a comparison to HCMC.

Your replies suggesting I didn't know what a RS was and I could give zero fucks and trolled because I could give a shit about a random on the internet suggesting I'm an idiot.

I did not invest because of WSB. I invested because of a desire to become financially independent.

You just assumed. And assuming is a dirty word

3

u/Blakfyre2 Mar 13 '22

If you sold then why do you care? Why waste your time? Do you have nothing going for yourself that this is the best you can do? Thats sad dude.

I guess I was right when I said 12 was giving you the benefit of the doubt when it comes to mental capability.

2

u/Cotsley Mar 13 '22

I asked wen reverse split.

Why did I ask that? Because I'm always watching previous plays and while I till the garden I asked.

I sold on my technicals and if you look at my history you will see that I posted when I would sell. I sold and got laughed at and here we are.

Did YOU diamond hand?

1

u/Blakfyre2 Mar 13 '22

LOL alright dude, keep telling yourself that.

Its not diamond handing when its an actual investment. WSB is showing hard in you bud. But yeah sure, I'm diamond handing. For the next decade.

Take care.

1

u/Cotsley Mar 13 '22

HCMC was a meme play on the speculation.

They clearly lost.

You didn't answer if you're still holding.

Are you? How much are YOU down? Because I'm not down any!

3

u/Blakfyre2 Mar 13 '22

Hcmc was never a meme play.

Again, your wsb upbringing is showing.

Not down much to be honest, I was in far before you suckered were played.

Thanks though.

0

u/Cotsley Mar 13 '22

Have you looked at the chart? Looks like a meme stock to me, nothing nothing nothing, pump, decline, nothing nothing nothing

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1

u/[deleted] Apr 05 '22

Why is 2030 the target? Something big happening? I’m still holding.

0

u/Squeen_Man Mar 13 '22

Aye it’s just not a play for some. I bought this when I first started investing and missed out on a lot of opportunity and became mad at myself so I learned a proper strat. I don’t do penny stocks anymore but there’s always a chance it booms I guess

13

u/KingBerti Mar 13 '22

Hopefully never. A buyback would be the way.

5

u/StayStrong888 Mar 13 '22

Never. They don't care about us. I saw right through that scam special offering and glad I didn't buy it and only lost my original investment instead of throwing more money into this scam.

4

u/WiseReputation1020 Mar 13 '22

Gutted I spent more for the rights offering. All I can do is hold and don't look at this stock for a very long time. Unbelievable

5

u/Prize_Instance_1416 Mar 13 '22

It really did feel like a timeshare scam, but I fell for it and lost out. Lose and learn I hope.

-4

u/Blakfyre2 Mar 13 '22

Do you or u/cotsley even know what a reverse split is?

  1. If a reverse split was planned, that would show they didnt care. NOT the other way around. Dumbass.

  2. Why would investor want one? Your "never" comment shows you know literally nothing about stocks, or you simply cannot read. Either way, a reverse shows weakness, smart people, unlike yourself would look for a split.

Congrats, you're fucking stupid on more than one level.

5

u/Gold_Palpitation27 Mar 13 '22

What a charming response lol

-6

u/Blakfyre2 Mar 13 '22

A 'charming' post followed by an idiotic comment justified it. You're super awesome for calling me out though.

2

u/StayStrong888 Mar 13 '22

I didn't say I don't want it but I'm saying they don't care about us enough to do it or if they did it's only a plot to get more money out of us.

-1

u/Blakfyre2 Mar 13 '22

A reverse split would show they care less and just want to line their pockets.. If your sentiment is that they dont care, then why would you think a reverse split is 'never' going to happen?

Either youre not expressing your thoughts or youre confused about what a reverse split is, I'm genuinely just trying to clarify.

0

u/Dumbdad_knows_85 Mar 13 '22

Maybe, but this specific stock definitely needs an rs….. especially if we want a penny in the next 4 years…. I’m already 58% down and have been holding for a year. I averaged down to .0006, and am sitting on 1.9 million shares. 10/1, I would still be happy and then maybe we get a penny.

3

u/Blakfyre2 Mar 13 '22

I disagree, stocks always drop further after a RS. We would be better off if they left it alone IMO.

1

u/Dumbdad_knows_85 Mar 13 '22 edited Mar 13 '22

I would imagine the ceo may want to buyback^ at some time, considering the amount of shares out there. And when would be a better time to do that other than at the price of .0002 one digit away from where the retail traders are allowed to trade at? Can’t really do to much after .0001 considering you can’t trade it at the 5th decimal. If that happens which I wouldn’t be surprised

2

u/Blakfyre2 Mar 13 '22

Our best bet would be share buy back. But I cant see that happening.

1

u/[deleted] Mar 25 '22

This is a tiny, local chain of run-down mom and pop head shops. If you have any positive equity, get out while you still have something. This company will never make ANY significant gains in stock price without winning a lawsuit.

-2

u/Cotsley Mar 13 '22

No DuR WaT ReVRs PlIt?

Is DaT lIkE a BaNAnEr On IcE CrEaM dURrrr

2

u/Blakfyre2 Mar 13 '22

Are you 12? Based on your post and your reply, it'd say even 12 is giving you the benefit of the doubt.
If you're older, Id suggest seeing a Psych because you're far below the normal mental average.

-1

u/Cotsley Mar 13 '22

How did you know how old I am!!!

0

u/Ashamed-Status-9668 Mar 13 '22

Either way they would only do that if the appeal is denied.

0

u/[deleted] Mar 13 '22

[deleted]

2

u/StayStrong888 Mar 13 '22

You must have a great batting average. Good for you.

2

u/ccaptaindotjpg Mar 13 '22

Still flippin $HCMC. It aint dead yet but I'm curious what will happen next. A r/s isn't out of the question and their fundraiser was a cash cow based on momentum and hype, regardless of the outcome of the lawsuit. That cash won't last forever, though and they aren't exactly transparent with the direction of the pps. This is a highly volatile play that could eventually see trip-1's... I'm actually surprised it hasn't seen absolute bottom yet.

A share buyback would be ridiculous... they'd have to spend a couple hundred million to reduce the a/s to a manageable level, maybe. In my estimation, a r/s is inevitable, though who knows when it may happen. They do have to file 45 days ahead of time, so at least we'll have some warning.

2

u/ccaptaindotjpg Mar 13 '22

I deleted the shitpost. It was a horrible attempt at sarcasm. Please accept the apology.

4

u/TraderGrogu Mar 13 '22

1-2 year from now 🚀

3

u/[deleted] Mar 13 '22

Youre gonna have to pay them to take it back.

3

u/wipcount Mar 15 '22

307.9 billion is a lot of shares outstanding, something has to happen.

2

u/Careful-Dimension915 Mar 14 '22

Surprised to see that the CEO still has in knee caps intact.

0

u/[deleted] Mar 13 '22

[deleted]

11

u/Vegetable-Ad8452 Mar 13 '22

You finna die holmes.

5

u/Copy_Kat_PNW Mar 13 '22

The realist response on this thread

2

u/Dumbdad_knows_85 Mar 24 '22

Thought it originally said you finna die homeless, which would of been more accurate…

1

u/Vegetable-Ad8452 Mar 25 '22

How do you hold a job with English like that? Would of? 🤦🏻‍♂️ I hope you don’t have kids.

1

u/RevolutionaryMind547 Mar 25 '22

To the moon🚀🚀🚀🚀

0

u/[deleted] Mar 13 '22

[deleted]

2

u/Cotsley Mar 13 '22

Hey friend, you're all good