Louetta's Lore

[Louetta]

Dude I scrooded up and lost it...

Hey Peanuts, you are going to drive from PA to MA to eat dinner with a girl? That's a reasonably long drive isn't it?

A lean horse for a long ride.

[Louetta]

Decent picture and a pretty face. Always favored the bare shoulder look. You must have been pretty sunburned in this one. I smoothed it out some.
Hold on to HSOA for awhile. It's generating some interest. Is that a Ford Mustang or a Chevy Camaro in the background.

I don't know. What little we can see of the hood looks like a Mustang.

[IIC]

Louetta...Read CLEAN SWEEP...The Barry Minkow story(ZzzzzzBest Infamy)...Written at about a 6th grade level...But I was dissapointed that he didn't explain the details about how he scammed everybody...But my crystal ball says the the jokers that run HSOA have little Barry Bobble Head Dolls on their dashboards of their '69 Mustangs and Camaros...Doug

[skiracer]

Louetta...Read CLEAN SWEEP...The Barry Minkow story(ZzzzzzBest Infamy)...Written at about a 6th grade level...But I was dissapointed that he didn't explain the details about how he scammed everybody...But my crystal ball says the the jokers that run HSOA have little Barry Bobble Head Dolls on their dashboards of their '69 Mustangs and Camaros...Doug

Well I think that if you would have bought the short position when you played it in the POTW last week you would have been out of it right now probably with a small loss. About .40 higher than your entry last week in the POTW. Lots of shorts and naked shorts out there right now. We might get a short squeeze here yet. I was looking for a re-entry yesterday. Glad I held off at the high of the day. You might be right but "trade what you see and not what you think", is my opinion for right now today.

[Louetta]

Louetta...Read CLEAN SWEEP...The Barry Minkow story(ZzzzzzBest Infamy)...Written at about a 6th grade level...But I was dissapointed that he didn't explain the details about how he scammed everybody...But my crystal ball says the the jokers that run HSOA have little Barry Bobble Head Dolls on their dashboards of their '69 Mustangs and Camaros...Doug

I'm sure I'll sound quite naive here but that Stockleman site is evidently saying the guy that runs HSOA is a proven fraud and the contracts don't really exist. What I don't understand is, if they are not on the level and have been found out why are they still hanging around? Wouldn't they figure the Feds will be bursting in the door any minute and be heading for Guatemala as we speak? Wouldn't it be very easy for the 60 Minutes types to figure them out? I mean they must have employees and buildings and trucks and are meeting payrolls else wouldn't it be well known by now that the company is a big fraud?

[billyjoe]

Lou,
The government response time is always delayed due to unforeseen circumstances such as politics, vacations , and failure to communicate.

-----------billyjoe

[Lyehopper]

I'm sure I'll sound quite naive here but that Stockleman site is evidently saying the guy that runs HSOA is a proven fraud and the contracts don't really exist. What I don't understand is, if they are not on the level and have been found out why are they still hanging around? Wouldn't they figure the Feds will be bursting in the door any minute and be heading for Guatemala as we speak? Wouldn't it be very easy for the 60 Minutes types to figure them out? I mean they must have employees and buildings and trucks and are meeting payrolls else wouldn't it be well known by now that the company is a big fraud?

I think the company has cash flow. I think they have sales. There are thousands of privately held companies out there that make some money and make "payroll" every week.... But are they really a growth company that you want to be investing in?.... Why chance it? Management's integrity is in question here. If they'll lie about contracts they'll lie about profits and growth. The management owns the stock.... they want to sell their shares at the highest price possible and they will do what's necessary to do just that. The SEC has much bigger fish to fry and management knows that too.... Look at PARL, they looked MUCH better than HSOA does and have been hammered! It is not wise to own HSOA imo....

[IIC]

I'm sure I'll sound quite naive here but that Stockleman site is evidently saying the guy that runs HSOA is a proven fraud and the contracts don't really exist. What I don't understand is, if they are not on the level and have been found out why are they still hanging around? Wouldn't they figure the Feds will be bursting in the door any minute and be heading for Guatemala as we speak? Wouldn't it be very easy for the 60 Minutes types to figure them out? I mean they must have employees and buildings and trucks and are meeting payrolls else wouldn't it be well known by now that the company is a big fraud?

The gov't moves at a snail's pace...IIC

[skiracer]

I think the company has cash flow. I think they have sales. There are thousands of privately held companies out there that make some money and make "payroll" every week.... But are they really a growth company that you want to be investing in?.... Why chance it? Management's integrity is in question here. If they'll lie about contracts they'll lie about profits and growth. The management owns the stock.... they want to sell their shares at the highest price possible and they will do what's necessary to do just that. The SEC has much bigger fish to fry and management knows that too.... Look at PARL, they looked MUCH better than HSOA does and have been hammered! It is not wise to own HSOA imo....

Lye,
What you and Louetta stated are both valid positions. I find it hard to believe that there is not some operating and functional business going on there that merits consideration. If the books have been cooked and comes out later is another question but I don't really buy into that. Some other sophisticated type of white collar scam isn't out of the question but still remains hearsay. I'm more concerned that they can meet guidance of 140/160 million in earnings as they have stated and I think everyone else is also. I wouldn't be surprised if there was some colusion on the part of government people and Home Solutions people to direct contracts their way because of some legal or illegal connections. I'm out of it again but have kept it on my watchlist and watch it everyday. I'm looking at the weekly chart and seeing a "c" move down completion and perhaps a spike up from here. I'm considering an entry right here above $5.15 or so. I also am starting to think there could be a short squeeze happening here because supply has dried up somewhat with the recent selling.

[IIC]

How'd the move go?...Did Peanuts stay sober???

[Lyehopper]

Lye,
What you and Louetta stated are both valid positions. I find it hard to believe that there is not some operating and functional business going on there that merits consideration. If the books have been cooked and comes out later is another question but I don't really buy into that. Some other sophisticated type of white collar scam isn't out of the question but still remains hearsay. I'm more concerned that they can meet guidance of 140/160 million in earnings as they have stated and I think everyone else is also. I wouldn't be surprised if there was some colusion on the part of government people and Home Solutions people to direct contracts their way because of some legal or illegal connections. I'm out of it again but have kept it on my watchlist and watch it everyday. I'm looking at the weekly chart and seeing a "c" move down completion and perhaps a spike up from here. I'm considering an entry right here above $5.15 or so. I also am starting to think there could be a short squeeze happening here because supply has dried up somewhat with the recent selling.

140-160 Million in earnings?.... I think you mean revenue (gross sales)....

Earnings are projected @ about 22-23 million or about a 14-15% net profit margin which is pretty standard for their type business imo.... You do realize that they are "basically" a cabinet/countertop company trying to capitalize on the New Orleans flooding by this restoration/recovery division? What are their actual sales in the restoration/recovery division?

Ski.... The problem I see is their ability to grow sales at this rate and keep a 15% net margin. With the slowdown in building, I'll betcha they can't do it.... And I'll also betcha they'll have some kind of "hidden charges" crop up and "actual" profits will fall under 10% net.

[IIC]

140-160 Million in earnings?.... I think you mean revenue (gross sales)....

Earnings are projected @ about 22-23 million or about a 14-15% net profit margin which is pretty standard for their type business imo.... You do realize that they are "basically" a cabinet/countertop company trying to capitalize on the New Orleans flooding by this restoration/recovery division? What are their actual sales in the restoration/recovery division?

Ski.... The problem I see is their ability to grow sales at this rate and keep a 15% net margin. With the slowdown in building, I'll betcha they can't do it.... And I'll also betcha they'll have some kind of "hidden charges" crop up and "actual" profits will fall under 10% net.

The way I see it is that there will be some MAJOR accounting adjustment and the whole outfit will fall apart...Only time will tell

[Lyehopper]

The way I see it is that there will be some MAJOR accounting adjustment and the whole outfit will fall apart...Only time will tell

They are not a "bogus" business Doug. Management just can't be trusted to tell the "whole truth".

I suspect they will stay in business.... but it'll be another PARL story and the short sellers will eventually win big. NOW that being said, money can still be made trading such a company because the high short interest means volitility and volitile stocks are great to trade (if you short sell).... and Ed might be right about a short squeeze being in the cards.... but he could also be wrong. Either way it's a stock that's a bit dangerous and should be played with "gambling money"....

[JohnHenry]

Lye,
What you and Louetta stated are both valid positions. I find it hard to believe that there is not some operating and functional business going on there that merits consideration. If the books have been cooked and comes out later is another question but I don't really buy into that. Some other sophisticated type of white collar scam isn't out of the question but still remains hearsay. I'm more concerned that they can meet guidance of 140/160 million in earnings as they have stated and I think everyone else is also. I wouldn't be surprised if there was some colusion on the part of government people and Home Solutions people to direct contracts their way because of some legal or illegal connections. I'm out of it again but have kept it on my watchlist and watch it everyday. I'm looking at the weekly chart and seeing a "c" move down completion and perhaps a spike up from here. I'm considering an entry right here above $5.15 or so. I also am starting to think there could be a short squeeze happening here because supply has dried up somewhat with the recent selling.

There are rumors that HD is going to by HSOA, any one hear of this?

[Lyehopper]

There are rumors that HD is going to by HSOA, any one hear of this?

There were rumors that Avon was going to buy PARL too. Again I see similarities between HSOA and PARL.... Beware if the stock runs to twenty-something and splits.... PARL's split was the death spiral sign.... Any split announced in HSOA will be a sign to short it.LOL!

I must admit that the more I research HSOA the more interested I am in following it. The more eyes on it the better I guess.