NAB did a podcast, and they described it as "people depositing...

NAB did a podcast, and they described it as "people depositing more cash" rather than "people liquidating in mass". Other than the people buying BBOZ etc, people seem to be accumulating. https://www.podbean.com/media/share/pb-7yfsv-d88d3b#.Xo0o6P8Zffc.twitter

The quarter came in above my expectations. Mainly because of members and cash growing so fast.

Average HIN value per trader is usually $85k and came down to $60k, but that makes sense when member growth is usually 20-30% and this quarter was 49%, along with the market falling. There are tonnes of new members now, without a large portfolio yet.


I still plan to hold a large amount, as long as the company continues to look good. Right now it's looking good, and the next quarter must be off to a good start. If they can get to profit, then it would be a somewhat safer long term hold. Now they do seem close to the tipping point.