The Long Investor
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$HIMS
🕑 Added 2025-05-09 10:44:05 +0000 UTCNo changes to the chart and I am liking what I am seeing here.
$HIMS announced a $450 Million public offering before the market opened yesterday, it was warmly welcomed by the market as it is clearly seen as a positive move for this growth company.....and exactly what I want to see as a long term investor.
There was very little negative reaction to this announcement and then $HIMS went one step further and increased the public offering to $870 million....with 0% interest and can be converted in 2030 at $70 a share.
They said that the proceeds will fund growth, acquisitions and AI healthcare services.
Let's give them the tools to continue this incredible growth and margins.
The Market Cap is only $11.5 Billion, if we want this company to be a $100 Billion Market Cap company then they need to fund the growth
Management have not given me an ounce of doubt that they will not execute on their plans.
On the chart, we got a second retest of the 1.618 Fib, for a lower high and the price pulled back.....this trend is forming and we want to see a drop next to the Subwave 4 target at $45.
I am doing nothing else here.
Comments
Gareth Neary
That is perfectly correct
Triple K
Hey Cap, just trying to get a better grip on EWT and your charts in the last days. Am I getting it right, that we are seeing Subwave 5 of subwave 1 of primary Wave 3 in this specific chart? Sometimes the number naming convention is a bit confusing, at least for me.
Rafa G
So, the wave 3 impulse was so strong that the pullback to $30's fib levels are not longer valid?
Gareth Neary
Nope, I am too heavy in $HIMs to add
Maxl
Just to get it clear. You are not going to add at the Subwave 4 target?
