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Prefer posting touch pessimistic to give different viewpoint, I...

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MrQuick

67 Posts.

7

07/11/16

22:23

Post #: 20434982
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Originally posted by Anton Chigurh ↑

Some good points there but imo a touch pessimistic.

You say 50% free float but that needs to be taken in the context of how many fpo are outstanding. I'd much rather have a total of 45M non-escrowed fpo, which makes up 50% of total fpo than 70% escrowed with a company that has 500M fpo. Seed + mgmt own nearly half the stock - always like mgmt to be aligned with shareholders. We can also be pretty confident that not all of that 45M is "free float" and instead some is sitting with sticky holders. The remaining free float is important imo as it allows buyers and sellers to easily exchange parcels on a day-to-day basis, instead of being totally illiquid, like some microcaps, or 3-4c spreads.

Agree with you that contracts/MOUs is what we need to kick the price significantly higher. That said, you can build some pretty healthy mc without large revenues, if you're in the right space and the market starts pricing-in revenue or key foundations being laid. SMN got up to nearly $300M; EMC $250M+; SYT $90M; BRN $135M.

I also think HC is overrated by some, in terms of the impact it has on the movement of stocks, for anything but the much smaller mc stocks and illiquids.

Like any pre-revenue stock, not without risk but I haven't sold any of mine since listing.

Best of luck.

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Prefer posting touch pessimistic to give different viewpoint, I can easily talk about why this is the most bullish I've been on a stock since APX

Agreed on the comments however, we are not even 2 weeks in yet and plenty of opportunity lies ahead.

CFO Price at posting: 62.0¢ Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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