Originally posted by thermocouple
Isn’t HC a VERY interesting human experiment!!
Some people will argue till they are blue in the face for what they believe in and criticise people for their intentions, but when their position changes they become the person they once despised...
HC definitely is a test of dignity.....
Alternatively ... they awake from the dreams of riches that initially sedated them and they started to think,
'...
jeez these guys have been spinning the same crap for years and still we have nothing other than empty promises, soft launches, no income, consolidation, one continent after the previous, subscribers here and there, countless MOU's, directors coming and going, etc.' and on it goes.
Dignity - you say? Hmm ... would you see dignity to being more akin with something like blind allegiance? FYI - I think blind allegiance is very, very undignified.
"...
but when their position changes". Of course people's positions change - particularly when faced with
overwhelming evidence that one's
position needed to change. I for one was not going to watch my capital slip away and then say to my family, "...
don't worry family console yourself in my blind allegiance to a failing company'. And guess what - you can not say that the company is not failing - that argument is not open to anyone. The size of the losses (how many million across 3 years was it?) noted in the last Annual Report is evidence enough.
Let's be very clear about my position.
1. I was once a very strong believer in this company.
2. I held probably longer than many currently posting here now.
3. I suffered the dilution of my capital in a share consolidation. And still held. And if anyone wants to argue that consolidation does not dilute capital - fine that's your point of view - but take it up at the beginners school for investing - I am simply not interested in debating that rubbish.
4. The lack of genuine commercial activity caused me to review my investment position.
5. I concluded that this company was simply not worth anymore time and sold out.
6. Put simply, they were no longer entitled to my support. From my perspective, they failed to follow through on many of their plans and they failed to deliver even remotely on any of their income projections. All they did, according to the finance docs, was lose money and lots of it.
However, this thing is worth a trade (all stocks are I suppose). I will trade the shite out of it to make a dollar.
In my opinion, any increase in the SP, at this stage, has nothing whatsoever to do with the underlying commercial activities of the company. Speculation is the main driver at the moment - in my view. Seriously, without the speculation around the options they would never have moved off 0.001. Why else would a person buy those things - truly terrible idea - unless the expiry date changes it's a poor decision (= speculation) - I think.
However, I simply can not see a case for an investment based on fundamentals - it is just not there. Fortunately, I do not possess the imagination that a few around here use to bolster their investment decisions.
"
HC definitely is a test of dignity....."
In my opinion, no it's not - it is implausible and inane to think that HC is a test of dignity.
I think that is a '
throw away' line that adds nothing to the discussion. At best, it might serve to distract the inexperienced ... for a few short seconds.
