Hello Bullmarket, I talked with Alex at NHMCF, the Director of Investor & Public relations earlier today.
Of course, you would expect Alex to say positive things about his company. However, I have the strong feeling that this company is legitimate, regardless of whom is shorting the stock or trading large volumes on a daily basis.
Alex invited any one of us or more to visit the facility and/or come to the Open House they have planned. I think somebody on this thread did say that they would be attending the annual meeting.
This does not sound like a company that is trying to hide anything.
He reinforced our thinking that you buy the company when you buy into NHMCF with the idea of being in for the long haul. He did not say anything negative or positive about NITE, being the tactful individual that he sounded to be. However, I did get the idea that he felt NITE may be impacting the price with large volume day-to-day trading and maybe even shorting the shares..
I believe the news is going to continue to get better and better for this company. It will be very interesting to see the stock price rise when the shorts are called. Projections for revenue growth are still impressive, and the bottom line net may start to show a profit this year or at the latest early next year. Acquisitions are going to play an important role here, with NHMCF continuing to position itself strategically in the Industry. I did get the impression that these people are not going to be satisfied with second place.
Perfect opportunity to average down!.
Hal the Canuck |
