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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF)
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To: Mr. Fortune who wrote (159)8/19/1998 12:52:00 PM
From: EubieV  Read Replies (2) of 383
 
Sorry, but I have to disagree with your friend...
HMLF is practically debt-free. They have grown the business responsibly at a pace that didn't require going into debt. IMO, the reason that the stock is trading so low is:
1. MM have shorted the stock and manipulate it daily
2. The company has not promoted the stock, but has only focused on growth.

No one really knows about this company. I think the company WAS fine with that when the stock was up between $4-5 last year. Only a very small group, outstanding shares 4.1 Million, held the company. But MM, who only have VERY little stock, have brought the stock down over the last year.

NOW, the company realizes that they must focus on the stock. They have deals, acquisitions on the table that they want to do, but won't until the stock goes up higher.

They've done a great job of growing the company--now, I'm expecting them to do a GREAT job promoting the stock.

Thanks!!
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