helios and matheson stock price forecast

Now here's the ugly news: With MoviePass' viability still in question, investors have sold off the stock to sub-$1 levels once again. The bad news is that in a separate SEC filing, where it might have been expected to elaborate on the health of its MoviePass business (or perhaps announce a big stock offering to fill its coffers with even more cash), Helios instead issued a press release announcing that: 5, investors (and moviegoers) can infer from the early repayment that MoviePass once again has enough cash in the bank to keep its business running - at least for now. Given that Helios got this loan because it needed cash to pay the movie theaters for the tickets its subscribers have been buying, and given that it wasn't obligated to pay back the final tranche of this loan until Aug. The good news is that in a Securities and Exchange Commission filing this morning, Helios confirms that it has paid back the entire $6.2 million amount of the IOU it took out from Hudson Bay last week. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.Will MoviePass survive? Fans hope so, as should the film industry. The Motley Fool has no position in any of the stocks mentioned. Rich Smith has no position in any of the stocks mentioned.

*Stock Advisor returns as of August 6, 2018 and Helios and Matheson Analytics wasn't one of them! That's right - they think these 10 stocks are even better buys. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*ĭavid and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. One thing's for sure: Investors who own stock in this company should keep their calculators handy and prepare to divide however many shares they own now by 500.ġ0 stocks we like better than Helios and Matheson Analytics

That would at least temporarily lift the stock price to $7.50 a share or so, although there's no telling how long it would remain there. Fact is, the very least investors should expect is a 1-for-67 split, which would get the shares barely over the $1 threshold.Īnd if I were betting money (note: I am most definitely not betting any money on Helios and Matheson stock - ever), I'd say the odds heavily favor management going all in and reverse-splitting this stock 500 for 1.

With Helios shares currently valued at about one and a half cents each, of course, a '1 share-for-2 shares' reverse split would do exactly nothing to help keep this stock trading on the Nasdaq. in a ratio of 1 share-for-2 shares up to a ratio of 1 share-for-500 shares.' 18, it will ask shareholders to vote to approve 'a one-time reverse stock split. Today, Helios filed a preliminary proxy statement (a 'PRE 14A') with the SEC advising that on Oct. Two weeks ago, I predicted that with Helios shares selling (far) below the $1-a-share price necessary for continued listing privileges on the Nasdaq, management would soon have to take drastic action to raise its share price. Image source: Getty Images.ĭon't say you weren't warned. The MoviePass story is about to get interesting again.

Helios and matheson stock price forecast