$Guardion Health Sciences (Delisted) (GHSI.US)$ Dividend loo...
Dividend looks attractive but only concern is this news : 10% Stockholder Radoff Bradley Louis intends to sell 243K shares of its common stock on Aug 26, with a total market value of approximately $4.01 million.
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EZ_money :
not really concerned. it's not much plus can you blame someone for taking profits
Om Sai Ram OP EZ_money : Hahaha true
EZ_money : owns 10% and only selling 243K that's nothing to be concerned about
Morgo90 : He also wasn’t an insider with no insider info. Just invested into Bret the old CEO as I did
Morgo90 : Bret is now at Cooke . Is this our RM ? Why did he exit . I heard they shares went straight the the shorts with almost to cost ???
Morgo90 : Image merge news with shorts holding 400-500k shares . Perfect storm
MooMamaLlama : wait..243k shares...? I'll have to go scrolling to find it but I'm sure someone on WB was saying they found info that exact number of short shares were closing out...??
MooMamaLlama : bloody hell I was comfy with sitting on this for at least another week before reviewing my position and maybe TP before div date if the rise was big enough..
I'm still pretty comfy even after the drop, might be worth holding through september
If the company is legitimately a growth opportunity as well as just a div stock, I'll keep it for the investment not trading. They sold off a big chunk of their company but looks like they needed the cash flow for something else they're setting up that's going to be 'better for shareholders'. I'm ok with a company restructuring things and spending some cash, if it's better for the margins
Some companies go into denial when profits fo down and pretend it's just the market but ffs sometimes it's just because a company runs on antiquated policies or equipment that literally chews profits. Change it up, you see money saved in the bank and profit margins rising again.. let's see what GHSI is. I'm still watching nvx and ltr for this exact reason. No divs, but big growth opps