NewHydrogen Inc. (NEWH)

[old guy 11]

I'm just not a chart guy and this makes no sense to me. Hope you can use it wisely but for me you might as well be speaking Klingon.

[georgie18]

NEWH...0159...Psar flipped to a Bullish Buy Position on the Oversold Pincher Squeeze...

NEWH looks like it found the bottom range...Taking a starter here...

14C from May 2021...An amendment to our Articles of Incorporation, as amended (the “Articles of Incorporation”) to increase the total number of shares of authorized common stock to 6,000,000,000 shares of common stock from 3,000,000,000.

Chart...https://schrts.co/mwkpgMxT ...

[old guy 11]

LOL. THAT'S FUNNY.

[Obtuse Eye]

Oh my! The travesty!

Ferroglobe has more than one partner. EGADs!!!

[molee]

Maybe this is why lee chose another path to sell shares :

https://www.proactiveinvestors.com/companies/news/955375/neo-battery-materials-inks-agreement-with-ferroglobe-for-silicon-anode-technology-955375.html

[JoseSD]

great song....down down down!

[molee]

NEWH is a burning thing
And it makes a fiery ring
Bound by wild desire
U fell into a ring of fire

U fell into a burning ring of fire
U went down, down, down and the flames went higher
And it burns, burns, burns, the ring of fire

(Tnx to Johnny Cash for his accurate portrayal of NEWH stock .)

[JoseSD]

one more time since it doesn't seem very clear to you...

do your own DD and find it out by yourself

changing the World for a penny! What a deal....woooooooooohoooooo

[Obtuse Eye]

Hmmm! Hardly seems fair that you are lobbing claims of malfeasance, and you have this beautiful word tree to support your claims. But like I said, I offered you information that you and I could go through together and debate (if you’d like), but you said (and still are saying) “no!”

The basis of your information is rooted in the idea that they are dealing with a “crooked accountant”, so to speak. So, naturally if the accountant is crooked they must be crooked.

Your claim also includes that there is a shared mailing address, and that two of the companies filed an 8-k with that same address.

My theories or potential rebuttals have been posed. But rather than acknowledge the theories or even counter, you simply say, “I don’t care what you show me”. Sounds objective to me.

There may have been a way they did things to stay afloat with the convertible loans, but there was a legitimate transaction that happened at the beginning of this year that took care of ALL of those toxic convertibles. Don’t take my word for it, you can read it for yourself in their most recent 10-q.

While they severed their relationship with Soelect (just one of the partnerships they had on the battery front), we haven’t gotten that message for the other two (TopBattery & Ferroglobe). Until I see an official announcement saying those two partnerships are severed, I can really only continue on with the thought that they are still in play. Can you prove otherwise?

Lastly, they hired a COO, legitimately! Fa-REELZ!!! Even put out an 8-k and Form-4’s to prove it. Oh! That’s right!! Those can’t be believed because that can’t trump your belief that he is part of the scam. Not a real person maybe?!? Nah! That’s not it! I know, if it were true then that is another domino that can no longer be used to scare potential new investors away.

Maybe I am on to something…

[JoseSD]

that's correct...it's all in the filings....do your own DD and find it out by yourself!

for sure i'm not interesting in discussing things with you. I don't care what you think or believe. Keep believing this company is going to change the World of electric cars (ooops that was the old idea)...

i bet you and old fart want to read this...

[Obtuse Eye]

If that is the case, you should have no problem presenting the facts that you have that state they are not a legit company.

I know what it was that I was presented, but I remember when I started to refute those claims with some other findings and ask you questions about the information, my posts started to disappear AND I was told you had no interest in hearing what I was presenting.

Is this just a one way street, as far as who can present "credible information"? That is, basically to say that my information that is presented cannot be considered as valid?!?

I am going off of press releases, 8-k's, and 10-k/q's. Didn't know that I shouldn't believe in those anymore...

[JoseSD]

why am i lost?

because you don't like the truth?

that's not my fault old dude...

btw...i'm not angry...I have fun but i don't like scammers! maybe you do...

[JoseSD]

good luck to you Sir...

there is nothing legit about this company....only the notes and the pumps and dumps...

[old guy 11]

I have never expressed anger on this website or any other website. As to the truth....I decide what is true based on facts I can obtain. I don't rely on someone's cynicism. It's good to be skeptical, to question, but cynicism is a different animal..it's angry, blind and really does not question but forms opinions with no information or facts. Just anger, emotionality. Jose is one cynical, angry, lost dude.

[Obtuse Eye]

No, not mad.

What I generally see is laughing and mocking coming from folks that dissent. I'm really more wanting to defend and keep others from being discouraged from buying.

After all, I feel I have reasonable evidence to show that NewHydrogen is legit in what they're doing. But I know there are other(s) that seem put off by it, so they propagate information that alleges wrongdoing, or purposeful misgivings.

YET, when the information contrary to those claims is offered, it seems other(s) would rather run from it. Which tells me that I am not "pumping", but they are just "dumping".

So, I won't be chased out. I am here to be an ambassador, even if others want to antagonize and discourage and gang up on investors just wanting to have good constructive conversation. Even if the stock is not prospering.

[JoseSD]

pump harder old guy! harder damn it!

[JoseSD]

Graphene...Hydrogen....hmmmmmm let me guess...

no idea!

I'm out of bullets...

Perhaps old and obtuse know more...LOL For sure they get upset when people tell them the truth!

[markp1950]

Getting close to the time to buy NEWH. When it gets below 1¢. Sell when it hits 18¢. Sold at .146
WHAT is their next idea.
.019 now

[old guy 11]

I like this post. Thank you. I added 50k today so is this a "pumping post"? I know stock prices can be manipulated. I still believe this company is legit and the CEO and COO etc. are not scamming anyone and I will continue that belief until I see actual evidence otherwise.

[Obtuse Eye]

From the positive side of the tracks, I would ask where have you seen pumping coming from? I suppose I am a "pumper" because I remain positive about the upside of the potential of the company?

If so, I will own that title, because I believe they are legitimately close to having a viable product with viable and meaningful sales opportunities.

I just don't come here a lot anymore because of the futility of having things suppressed just because I am positively supporting the company.

[Obtuse Eye]

I feel like this is still a little bit of an over-simplification.

Sure, I get the point about "short interest", that is what is legally being shorted. Based on your definition of the other type of shorting that OTCShortReport shows, all of that is "legal" or "just making the trade happen" kind of stuff.

But that is not the end of it, and I'm pretty sure you know that.

You know that there is illegal shorting taking place that isn't properly reported, and you also know that price manipulation is taking place in the "legal shorting" approach that you detailed.

I am not saying that every share that OTCShortReport says was shorted was a manipulation. But companies are able to take an order, provide requested shares (let's say 10k shares for this instance) and say that the sale happened at .023 while providing those shorted shares. Now they have to actually buy those shares to cover, and as you suggested, they have a cup of coffee (or two, or lunch, or a vacation) then they come back in and cover at .021 (probably more reasonably at .022 or .0225).

I feel pretty confident in believing that type of manipulation, and more tricks that I am not even aware of, is taking place. But, we will go along with the roses theory that all MMs and institutions are on the up and up, and would NEVER manipulate even the ruddy-poo penny stock, because of course that would just be a waste of time.

[molee]

Shouldn't there be some "pumping" posts , seeing as how the current price is SO attractive ???

How else is the SP gonna get back UP to where it SHOULD be ??

Stay safe >> M

[old guy 11]

Now, this makes sense to me as I often wondered about it: "Doing the Math" of risk-reward, plus fees and margin requirements shows shorting penny stocks to be financial nonsense 99% of the time.

[Homebrew]

"Short Interest" is just a more 'correct' term for shorting.

I know what shorting is but not sure about interest you discussed.

[old guy 11]

I'm not sure I understand all of this but I do appreciate the time you put into it and the information you provided. I will be re-reading your post to get all I can out of it. I know what shorting is but not sure about interest you discussed. Thank you.

[JoseSD]

yes iHub police...yes...

we talk about this scam non stop!

[Obtuse Eye]

I appreciate and applaud you for taking the time to actually go through this and put it out there.

With that though, you're going to have to keep going with the education part of this, because a few things that you put in there don't line up.

1) This is not able to be traded on margin, so why would there be a requirement to have that available? Unless you are saying that just because it is a penny stock they have to have that available.

2) I can appreciate the detailing of faith in the MMs motives while "shorting" a stock for a few seconds to get my shares to me right away. However, I don't wholly buy this. A few reasons:

a) I have placed limit's and watched them come through the transaction wire in various forms that were not 1) The price that I placed the limit at, yet I was charged that price (albeit it was just a small amount), 2) The transaction shows as a 'Sell' rather than a 'Buy' which says to me that tricky accounting takes place that allows those MMs to declare it however they like in order to...well, I'm not sure what they get from it. I have my suspicions, but that is all they are. Finally 3) I have placed Market orders that have done the same thing, and oh by the way, watched the transaction wire to see when it comes through.

b) What is it then, that has placed question marks all around Citadel, if there is not manipulation going on? They are MMs for a reason, sure! But that doesn't mean that they are operating on the up and up ~shout out to Wolf of Wall Street~.

You know just as well as I do that there are various means and ways to manipulate these things, and those very same MMs are professionals at it. It IS, after all their game. While this simpleton penny stock doesn't offer much in the way of profit from heavy shorting, it still offers a consistent and tight little $10, 20, 30, maybe even $50k pot every day, with very little if any chance of getting caught and wrist slapped.

You can't write this off to "it's low volume", because I am in a stock that has far lower volume movement per day. Heck, they're lucky if they get 10 trades in a day. If the buy order comes in, the order just sits there until someone is ready to sell. Now, you might say "that's not how it works/how it's supposed to work", there are quite a few things that are taking place in the market these days that aren't how they are supposed to work.

That volume percentage means something when I can't trust in the transparency of the agencies and entities that are supposed to be governing these things.

I can be convinced to believe other things...on this subject. But more and better transparency is required first.

[Homebrew]

Short "Volume" vs. "Interest"...Or.."Why Short Volume's Meaningless "

Short "Sales/Interest": The number of shares borrowed and sold "short", with the hope of buying back at a lower price. Not yet covered, ie, "Open" "interest" or "positions". FINRA reports this twice per month here: http://otce.finra.org/ESI (OTC)
Would be nice if it were more frequent, but that's all we get.

Reposted here, but sometimes inaccurate or lags updating most recent report.
https://www.otcmarkets.com/stock/NEWH/short-sales

This is what's commonly referred to when discussing "shorts"

Short "Sales/Interest" Example: Investor 'A' borrows 1,000,000 shares, sells them, then hopes the stock goes down. If it does, Investor 'A' buys back the shares at a lower price, returns them to the lender, and keeps the price difference (minus fees & interest). FINRA reports the # of "open" shorts, those not yet bought back & returned.

If the stock goes up, the investor will lose, and the broker may force them to cover, possibly at a huge loss.

Daily Short "Volume" (regsho): Intraday volume Market Makers transactions when they temporarily short a stock for a couple of seconds or a minute to fill an order in a timely manner, then cover a couple minutes later (otcshortreport lies and calls this naked shorts). Meaningless number because it's just the first leg of a transaction reported of filling orders. Completely unrelated to short interest. This number can often be quite high for thinly traded stocks, thus more likely to get hyped as shorts, even though it's not.

Psssst. That's part of MM's job..."Making a market". Ensuring liquidity and timely processing.

Short "Volume" Example: 1,000,000 buy order comes in. MM doesn't have 1,000,000 handy to fill the order, so quickly shorts 1,000,000, fills the order for the customer rather than keep them waiting. Then after taking a sip of coffee, covers the temporary short.

Now, lets say that happens 10 times today, for a total of 10,000,000 shares, short "Volume" is 10,000,000, but at EOD, it doesn't result in any short "positions" or "interest" because they were all covered right away.

The next day, someone sees the 10,000,000 short "volume" and talks about 10 MILLION SHORTS YESTERDAY .....

Short "Volume"s MEANINGLESS... Who cares what hoops MMs had to jump through to fill orders during the day ?

"Click-Bait" sites like otcshortreport intentionally misrepresent regsho "volume" as "naked shorts", to attract attention, generating advertising "clicks" for themselves.

Using "Volume" (regsho) numbers is like going to the bank,
Depositing $100,
Withdrawing $100,
Depositing $100,
Withdrawing $100.....
Repeating 10 times, then saying "I deposited $1000 in the bank today", when the account is actually $0 because deposits and withdraws cancel out.

Risk-Reward: The risk-reward is the opposite for "shorts", compared to "longs". Shorts have a max gain of 100% if the stock goes to $0, but losses are infinite, if the stock goes to-da-moon.
Plus, brokers require $2.50 per share deposit in a margin account to protect them against losses in penny stocks.

"Doing the Math" of risk-reward, plus fees and margin requirements shows shorting penny stocks to be financial nonsense 99% of the time.

Math Example: Shorting 1 Million shares at $.01 = $10,000 maximum gain if stock goes to $0. Margin requires $2.50 per share, or $2,500,000 deposited in your margin account. Show-stopper right there for most people.
That $2.5 Million is to protect the broker if there's a price spike, meaning that amount is at risk.

You could put $2.5 Million in a savings account at 2%/year and make $50,000 risk free.

It may be worth a gamble in rare cases when a stock has shot up 1000s of % for no good reason, and is likely to come back down.

Hope this helps any new investors understandable confused by the similar sounding terms.

[JoseSD]

pretty good deal...if it happens like that...

[markp1950]

It is getting closer to below 1¢. Buy $100 below 1¢ and sell at $.18
2.2¢ now

[Obtuse Eye]

Educate us. If the volume of shares sold or traded is shown, is that accurate?!?

If they are saying a certain percentage is shorted, how is that not accurate as well?!?

I am genuinely open to hear the explanation for this. In fact, maybe you could be so kind as to explain how this board’s trade reporting works too! Because I am not sold (pardon the pun) that the information is very accurate here either.

[Homebrew]

That crooked website intentionally misrepresents "shorting" numbers.

...By the way, I found a very interesting write-up on OTCShortReport.com...

[molee]

Notice a pattern here ? :

[molee]

Maybe if you ask nicely you too can get your purchase price reduced ... LOL

https://www.otcmarkets.com/filing/html?id=15073786&guid=G3Pkke_cnQtBfth

[old guy 11]

Yes. I agree with what you are saying. Low volume, lots people holding, and if/when it takes off the short covering will be fascinating to watch.

[Obtuse Eye]

Hello This!

[Obtuse Eye]

Yes, it is bothersome. To see that this stock is shorted anywhere from 50-70% of its traded volume. But as you say, what if one day it takes off, there will be a lot of jaws dropped.

Granted there is not a high volume of shares traded daily. But I also firmly believe that the reason that we haven't seen this go back to sub-penny as a result of all the shorting is because there are plenty of folks that are holding on to what they have.

Just need a few more really serious investors to buy then hold.

[JoseSD]

hahahaahah always shorts!

This is a POS....deal with it!

[old guy 11]

I just read the write up on shorting/naked shorting. Really bothersome to say the least. And the SEC does nothing.

[old guy 11]

Wow. I had no idea there was that much shoring going on. Thx for sharing this. So what happens to all these shorts if the stock takes off....hehehe

[Obtuse Eye]

Nice! Just needing the chaff to float through.

This is the prime time for attacks and discouragement.

By the way, I found a very interesting write-up on OTCShortReport.com. The article went on to suggest different things to look out for when a stock is being naked shorted. Classic signs show up on this one.

[non_sequitur]

Next up I think, after failing at solar and batteries and about to fail at hydrogen, should be offshore wind energy. The con man in the rented broom closet, paying himself 1/4 mil, is pretty good at making the wind blow harder.

[old guy 11]

I added 41k today. Mean price for all purchases now .0158. I be happy.

[markp1950]

Yeah. I sold about .146
Buy another $100 at .005?

[markp1950]

What will be the next thing that they will work on?

[old guy 11]

Yes, I have a bunch but won't say how much. I plan to keep adding to holdings depending on intuitive hunches. I too think we will see some pops soon, but the big jumps will start in the fall...September, October, November, December. I think it will go up even more in 2022 so I won't sell all holdings late this year. I see $3+ late this year and possibly $5 in 2022. I find this company exciting with incredible potential.

[Obtuse Eye]

Nice! It's sounding like you're rolling pretty heavy.

I am hopeful that we get that next level news some time in the next 2 months. I think it will happen. The company has been too calculated and quiet here in the last 6 weeks.

[old guy 11]

Added another 30K today. Holding long. Mean at just over .014.

[molee]

No hard feelings . Good luck in your trading .

Stay safe out there >> M

[Obtuse Eye]

I'm sorry that you look at it that way. I am glad for you that you were able to get out of this stock in time. It is clear that you were not comfortable with the practices you felt were and currently are illogically taking place.