Stocks to Buy based on the Best Stock Market Research
Shares of Helios and Matheson Analytics Inc. (HMNY) are breaking down below $30 this morning and could be in for a 50-75% correction. HMNY skyrocketed from $2 to $39 on deal news which will turn out to be fluff when we look back in a year.
HMNY jumped 1900% because of a major short squeeze but short sellers are going to get even as we head into 2018.
We are urging a strong sell on HMNY with an $11 price target
Replies to This Discussion
Do you see the same with QURE? Although I don't see QURE going much higher. Thank you, always great reads.
HMNY dropped into the $8 but is back to $11, maybe a relief bounce is coming.
I lost track of this one, talk about HMNY being a bubble! The stock is trading in the $5's now
HMNY is rallying after they now have a total of 1.5 million subscribers to their Movie Pass. The stock is having a hard time breaking out above $8 with 3x more subs.
The problem with their growing subscriber base is the fact that the subs are only paying $9.95 per pass and HMNY is taking on a lot of liability. HMNY will either have to raise a ton of money via stock offering or they will go bankrupt.
HMNY dropped from $35 to $11 and is now trading between $5-$8.