KM; CWRC is an operational corporation. It has things HOPR does not. Employees, offices, and someone to issue press releases. HOPR has been a good day trade for some people, you did the right thing by selling on the spike. If you do something that the people at RB most likely are not doing, that is read the SEC filings. You may get a good picture of what happened. IMHO - HOPR is trading to prevent a disposition of assets (15% of CWRC) and leave that block of stock in the hands of CWRC management, who by some strange chance, happened to be HOPR's management, before they abandoned it. You can call CWRC and ask to talk to these people, the first thing they will tell you is that they are no longer associated with HOPR. Their lawyers have told them to go into denial about HOPR to protect themselves. HOPR is not a stock to hold, and buying CWRC may not be much better. Having done an estimate in the past of future value of CWRC, if they build the casino, comparing them against other Black Hawk Casinos and size, number of shares issued, they might be a $0.50 to $1.00 stock. As for now, all they have is a building lot, plans and debt.
On a happier note, any sort of volume could spike CWRC and the last press release promised an announcement about financing that is due soon. |