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Talk me down from HCMC

Posted on 2/8/21 at 10:19 pm
Posted by Manarchist
Member since Nov 2018
404 posts
Posted on 2/8/21 at 10:19 pm
I know that they’re a long shot, but I’ve tripled my position on them in the last week. I know that 2/26 is just the date that PM had to answer the lawsuit, but I think that speculation might see this one run up a bit more. Thoughts?
Posted by saint_tiger
USA
Member since Oct 2014
396 posts
Posted on 2/9/21 at 6:30 am to
Been on HCMC for awhile now, it has potential to hit anywhere from .25-1. Sell shares to gain profit and hold the rest.
Posted by go ta hell ole miss
Member since Jan 2007
13625 posts
Posted on 2/9/21 at 6:38 am to
The whole basis of income is dependent on a lawsuit, right? That lawsuit is against a company that notoriously never paid a dime for over forty years for a product the Surgeon General labeled as cancer causing in the 1960s. 90% of all cancers would be eradicated if there was no smoking, PM knew it for decades and their lawyers aggressive tactics kept them from paying on single lawsuits for decades.

Tread lite, but congrats on riding the wave. If the stock continues to go up on speculation of lawsuit results then it has a long time to run. Infringement lawsuits like this will take a while to play out. GL!
Posted by TigerFox
Member since Jun 2013
303 posts
Posted on 2/9/21 at 11:00 pm to
A share buy back would do wonders for this stock
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