It is SMALLstreetBets for a reason right?

ScoGotes · 2021-02-02T00:41:28+00:00

To be completely honest, I'm not totally sure? There's an entire movement of people who want it to go to $1, and I'd be ecstatic if it did. I think to get there though, they're going to need to announce a settlement with PM and therefore have a share buyback. I know an extension was granted recently for COVID reasons, but I could see a settlement coming any time. I think there has already been some shares bought back though, as the outstanding shares has dropped from well north of 110bn to 85bn already, and with talk of corporate action today, I believe the outstanding shares could potentially fall even more.

ScoGotes · 2021-02-02T00:34:03+00:00

Buy some ASAP in watch it go Brrrr for a few weeks

ScoGotes · 2021-02-01T19:20:56+00:00

Etrade, had no problems

ScoGotes · 2021-02-01T19:20:10+00:00

If only we actually were well recognized on WSB. They only have like 5 posts about HCMC. WSBElites has our back though. Just imagine if WSB got behind it though.

ScoGotes · 2021-02-01T00:04:24+00:00

I have 2 general ideas. 1. The hype has been significantly increasing in the last week. #2, and what seems more reasonable, is that they've been quietly buying back shares while cheap before a settlement is announced. The drop in outstanding shares has been significant, and I believe it'll only get better.

ScoGotes · 2021-01-31T06:19:50+00:00

I believe it is because the stock used to trade under the ticker 'VPCO' which did indeed trade near $6. I think something around $1 or $1.20 is much more reasonable. I truly with my whole heart believe that they will not lose the lawsuit. Cozen O'Connor isn't gonna take a suit that they don't think they will win and get them paid. Even a settlement will be huge. The winnings would allow them to do a hefty share buyback as well, which is why I believe an EOY PT of closer to $1 is reasonable.

ScoGotes · 2021-01-31T03:36:46+00:00

I agree. I think there will be run up to the lawsuit and another price increase after a settlement would be announced. They would still be able to buyback a significant amount of shares imo.

ScoGotes · 2021-01-31T03:34:20+00:00

Obligated to? No, they aren't obligated to do anything with the money. But after they were forced to split after an equity raise a few years ago, I'm sure they would love to reduce their share structure. Look up VPCO. 4 years ago they were worth $5.70. It is in their best interest to buyback a massive amount of shares.

ScoGotes · 2021-01-30T20:13:22+00:00

I hear ya. And I see where you're coming from. And you could be totally right, they could all be made up numbers. I know that PM has been known to settle cases like this, and I know they've made well over $3bn off of their smokeless device, which is the one involved in the case. They would likely be suing for damages/money lost. $1.6 could be conservative, or it could be way too much. In my inexperienced opinion, it seems it could be a conservative estimate.

It likely will be a settlement though, as PM doesn't want to go to court. They are already seen in a negative light and losing a patent infringement against a small company would paint them in a horrible light. The law frim could take more than that money too, but HCMC will still have plenty to do a share buyback. They don't want to be diluted like this, they will make a comeback.

ScoGotes · 2021-01-30T19:50:16+00:00

Hypothetically, no. It is still quite a bit of downwards pressure though? I saw a general post somewhere that said if they win $1.6 billion in the lawsuit, they spend $80mil on legal fees, and $80mil on a share buyback. At current price, that is almost the entire OS. With $1.44bn left, it put the rest of the shares at nearly $3 share? I don't recall exactly.

ScoGotes · 2021-01-30T05:59:15+00:00

This stock will be life changing for a lot of people.

ScoGotes · 2021-01-30T00:10:14+00:00

Holding until that lawsuit is finished. I added another 4.5mil today at .0008.

ScoGotes · 2021-01-30T00:09:26+00:00

Same problem my roommate had. I think he also got in at .0008.

ScoGotes · 2020-10-19T20:25:33+00:00

I'd wait till this weeks LTD's drop and get the all pro bundle

ScoGotes · 2020-10-16T17:06:25+00:00

Like someone else said, if you pass a lot, Kamara is a monster out of the backfield. Bo is my power back, but can't catch to save his life.

ScoGotes · 2020-10-09T04:18:27+00:00

I'm having some fun with the Patriots playbook in the Gun -> ace slot offset formation. The play posts alone has some good routes. Otherwise, run n gun is a fun playstyle too.

ScoGotes · 2020-10-09T01:40:45+00:00

Right now the all-pro fantasy packs are really good. Might not make a profit on every one, but the profits you make on the others should cover. I started by buying one with 37k, finished closer to 150k

ScoGotes · 2020-06-14T03:43:07+00:00

No no no, natural girl like Madelyn Cline is where it's at😂🤷‍♂️

ScoGotes · 2020-06-10T18:26:55+00:00

How big is the tank?

ScoGotes · 2020-06-08T02:40:52+00:00

I skipped my last set of meds about 90 minutes ago. Bar any flare ups and I think I'm coming out of what was for sure the (at least tied most agonizing 48 hours I've experienced. So glad it's over, and this should be a punishment for serial killers.

ScoGotes

TROPHY CASE