Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Home Solutions of America (HSOA), The best is yet to come -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (282)	7/27/2006 9:51:36 AM
From: jh26pt2	Read Replies (1) \| Respond to of 20808

You want to know what really pisses me off about this whole situation? It's not that a bunch of crooks are making tons of money. It's not that much of that money has been made at the hands of retail investors, many of whom have lost money that they couldn't afford to lose. It's not that what these crooks are doing undermines the faith in the stock market, which is the mechanism that makes corporate America run. Take the market away, and you take away most companies' ability to attract the money that allows them to do what they do. Yes, those things do piss me off. But you want to know what pisses me off the most? It's that these crooks' greed are hurting companies, the people who work for them, and the people whose dreams are wrapped up in making those companies work. Look at HSOA. Let's take the short attack situation to its extreme, and say that the shorts drive HSOA into the ground. Let's say they put HSOA out of business. What would happen? For one thing, some 750 workers would suddenly be out of jobs. That's 750 families that would suddenly be scrambling to put food on the table and to keep a roof over their heads. That's 750 more workers showing up on the jobless rolls and putting a strain on unemployment resources. Sure, over time most of them would find new jobs, but that process can take some time, and it causes a lot of stress in the interim. For another thing, the dreams of Frank Fradella and the rest of the management staff would be destroyed (or at least this dream would be; resourceful persons like them tend to come up with more such dreams). From day one, they have done nothing more than to try to build a successful company. They've spent years at it. And to be on the cusp of seeing their vision realized, only to have it hijacked by a bunch of crooks who see a chance to make a buck, is plain wrong. And perhaps most importantly, the good work that HSOA is doing would stop. Make no mistake about it, what HSOA does is morally right. They help families rebuild their lives in the wake of disasters. They help families build their dream homes -- not necessarily the homes themselves, but a good part of them. With their foray into ARH, they are helping to rebuild a decimated area after the worst natural disaster to hit this country in a century, if not ever. Fortunately in this case, I think the shorts picked on the wrong company. HSOA is not some leveraged-to-the-hilt, piss-poor company that is barely scratching to get by. They are a company with plenty of assets, a relatively minuscule (and diminishing) debt, a solid management team, and excellent revenue/earnings prospects. I don't see how they can be run into the ground when they're well in the black. It may take some time before the stock heads back up, but I am betting (and have bet) that it will. But as a HSOA shareholder, as an investor, and as a person, you should be pissed off too about what has happened to HSOA, as well as to other companies in its shoes.