Day trading pre-market open Feb 7, page-9

  1. 231 Posts.
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    Hsc looks interesting. Reading the Ann from 9/10/19 the company raised 3 million by issuing shares at 0.005 which created 600 000 000 new shares. Hence the huge sell off.

    Averaging around 10mill a day at approx 40 days about 400 of the 600mill issued shares may have been sold by now.

    The stock priced was around 0.02 before the issue. There is a total of 1.6bill shares on issue so I'd expect the price to return to 1.0/1.6 * 0.02 = 0.0125. Buying below 0.01 is a gurrenteed win imo.
 
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