Saturday, December 12, 2009 What the #$&@
There are so many people scratching their heads with this stock. We were expecting a PR last Wednesday, but it never happened. Rather it was postponed to the following week at least we hope we get some news on Monday. Ever since HESG’s PPS grew to the mid 0.0020 range it took a ‘hit’ and tumbled all the way down back to 0.0007. As it began dropping people began loading up, as its volume grew substantially.
Billions of shares were being traded daily as the price fell. (It’s generally not a good thing to purchase shares of a company with a falling PPS) Also unusually high blocks of trades were going through towards the last trading hours over the last week or so, this is where we to stop and think for a minute.
How can blocks of anywhere between 400-100 million shares be traded within the last hour of trade? After all aren’t two of the biggest brokerages blocking buying orders on HESG? How can it be? Well believe it or not folks the MMs are trying to get to us. What you see here are trades between MMs. They are trying to manipulate the volume traded folks. What does this mean for the shareholders?
Well if you ask me I think the MMs are running around in circles panicking. There are a lot of mixed reactions from the boards, but generally everyone has a good idea where this company is headed. We should stop speculating on the O/S. It’s better to believe the worst possible scenario instead of the best possible scenario.
The best scenario is that there are 200 million out standing shares, and of that 200 million, 100 million belongs to Tom. The worst possible scenario is that atMOST 3 billion shares are outstanding (according to the books) and yes I said at most. With that being said MMs still have around 10 billion shares to recover. And I presume they’ll begin attempting to recover that very soon.
They price is so low right now, I think by now they realized that the shareholders aren’t shaken by the drop in the PPS. Even till this day, there have been more buys than sells. The shareholder confidence in Tom and HESG is amazing. The MMs made a ton of money shorting the stock. Now it’s time they pay us back. I could see this stock going through the roof in the next few months, but that’s due to good company activity.
I also see this stock going back to where it should be at in and around 0.08-0.10 hopefully by next week. The hope is that by then the MMs would have lost, and would bring the PPs back to its actual levels so that people sell, and they don’t get in trouble. There’s a huge and I mean HUGE opportunity to make a lot of money here. But it will only work if the MMs lose. To make the MMs lose, we have to stick together and stand strong against them.
Posted by HESGMeeting at 4:02 PM
AI
