They are just playing to doubts of the uninformed hoping to catch the last of the low lying fruit.
I have no more money available to put into MHM, and if I did I wouldn't. Not because it is a bad company but because of the general risk of having too much in 1 place. I'm a bit of a risky player as it is, but that is too much for me.
As it de-risks some more I may put more in, hence the long-term buy. Originally MHM for me was a short term buy based on TA of which it did spectacularly for me. Then I investigated the company much more and I'm quite happy with where it is going. Since I'm up so much, might as well stay with all the potential upside to downside.
Talking big numbers like $20/share in a couple of years does nothing, NOTHING to help bring in the long term holders, they would get disappointed if in 6 weeks the price isn't at $2.50. You are best telling people, 'Hay this company is pretty good, it should be around $2 by Christmas' that way if it performs better people are happy and will probably stay longer. They wont get disappointed.
Excessive hype always leads to disappointment, even if the company/product preforms quite well.
I'll concede the above points on the debt vs CR are good,as long as the debt money is spent in order to create wealth.
Too long didn't read (TLDR) version: Don't over hype it will only lead people to disappointment, be overly modest with your targets anything better will encourage people to hold on for more. I've seen it happen too many times.
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Open | High | Low | Value | Volume |
48.0¢ | 48.0¢ | 46.5¢ | $318.3K | 670.6K |
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4 | 13454 | 47.0¢ |
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3 | 73608 | 0.465 |
7 | 148173 | 0.460 |
2 | 8439 | 0.455 |
15 | 128062 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 41311 | 1 |
0.490 | 231000 | 3 |
0.495 | 19998 | 1 |
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