there is no-one here who didn't already know that macro was at its worst. this is basically a massively delayed announcement.
the announcement says that they dont want to borrow money right now because it costs too much in interest payments they would rather wait for the interest rates to come back down and get a better deal on finances. no-one is lending for cheap right now. maybe they dont know if shit is really going to hit the fan and rates go up with no end in sight - well I definitely dont see that coming
it is my idea, that we are on the brink of a huge bull, thats the image ive conjured up in my mind based on all my observations. if for example, HIO had the similar idea to me, that the market for finance right now is stuffed, but is on the brink of rebounding on a massive scale, it would make sense to postpone financing for the short time and stop what doing temporarily.
"we said we were going full steam ahead but now we think its better to wait a little while"
i will be buying more
HIO Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
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