Hillcrest Energy rebranding

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Hi Dan/Mat
Would you guys consider Hillcrest (HEAT.CN), which is trying to enter the EV market by rebranding, for a long position?

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Asked on April 8, 2021 6:21 pm
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This is one of those next to no revenue, purely speculative plays. The company has a very poor balance sheet and fundamentally, there is next to nothing to go off of.

Investments in companies like this aren't really "investments", they're home run attempts. The stock is going to be riding a ton of momentum off nothing but news, and if you can time the momentum, you can end up with some decent gains. But as a long term investment, there's just nothing to go off of here.

So, if you're going to buy, just use caution, and do so with money you would have no problem losing.

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Posted by Dan Kent
Answered on April 9, 2021 10:38 am