The day of the GME squeeze scammers & big brains pumped this garbage company with a history of fraud.
Maybe scammers trying to convince lazy bums that would rather pay a course than spend 10 minutes doing their research.
From someone else idea:
HMIT Ltd., the former parent company of Helios & Matheson prior to 2016, has a long history of fraud.
The new guy...
TOXIC POS TURD BANKRUPTCY Just a few names to describe this decrepit dumpster fire. There is no hope, flee while you still can, don't even try to catch it for a deadcat bounce, all bounces are bull traps, repeat after me ALL BOUNCES ARE BULL TRAPS! Play at your own peril. If you do have the funds however by all means go short, its totally worth it :-)
HMNY arrived at the end of the big fall. Expected rebound from here. But the company came to an astonishing business environment. Fundamentally unreasonable. There are no targets for technical bouncing. That's why I'm waiting for a movement with a long, extremely reduced ATR. It's a straight line. From this, perhaps another RS (reverse-split) can bring up the rise.
movie past ... HMNY shares are still falling in trend. Neither technical nor fundamental is the reason for the turn. Now only one more RS (reverse-split) can raise the exchange rate. For the current downtrend, it is around 0.41 usd.
HMNY just took a large dip. the buy area is highlighted in green. This is a correction as the trend is still up. There should be a foreseeable amount of upward momentum as positive reports about their subscriber growth increases. My position is 9.01 currently, and the stop is at 8.44.
