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I'm playing with free money right now anyway, so I don't really care... but I'm confident you're dead wrong.
Little of both here. This was a chart-based buy and now that I've sold off enough to cover my initial buy, I'm holding out for some news. Literally nothing to lose, so what the hell, right?
So the chart in front of me is fake?
Careful with that sarcasm, some people might not pick up on it and assume you know something.
Well... we're all working on trust here. The claim is that this is a reserve, to be used to fulfill contractual obligations and enable future equity investment, but in reality there's nothing stopping them from dumping those shares on the market the minute they're authorized.
I have a strategy for these types of situations, to not just limit, but prevent losses, if the shit hits the fan... if a stock is growing and looks like it's gonna keep growing, or even blow up, but there's some huge red flag (like these 25 billion shares) waving in the wind. If you bought low enough that you can sell some off and still have a decent holding... sell off enough to cover your initial buy, then hold the rest. BAM. No loss possible. You might not make anything, or you might make less than if you'd sold it all, but you've eliminated any possibility of loss; and if it does take off, you still profit from that. Just not as much as if you hadn't sold.
Sometimes I feel like an ass when I do this and the stock keeps growing, but at least I feel like an ass making a profit; much better than taking a loss. I got luck with PMCM, bought last week at 18, sold enough to cover that buy at 46, the lowest and highest points in the time I've owned this stock; that's atypical, and often a stock won't grow enough for you to even do this little trick.
But when you can? It's a wonderful thing!
Website back up http://www.primcousa.com/
*UP TO* 25 billion. Only enough will actually be released to allow a $10mil purchase; and only because they already have a buyer for those shares. This isn't going in the float, don't worry.
I hope so, but... Based on what? And how many posts do you have left today?
Don't you realize that 25 billion have been AUTHORIZED, and that number was based on $10mil at their pps at the time. When the pps went up, it was announced that they were to reduce the number of shares released by 10%; I'm sure that number will go back up not that pps has dropped, but it won't be 25 billion, and it's being done to allow one specific investor to invest $10mil, thus why the number of shares actually released is tied to the price of a single share.
It won't be in the float. Did you not read the PRs?
Web developer and sysop here (not for PMCM).. Server is up and accepting connections normally and properly, not giving any error or message to indicate the site was purposely taken down; if files were simply deleted it would be showing an empty listing or a Forbidden message, rather than a blank page. Looks like perhaps a recent update to the site's back-end code broke something (if error reporting is turned off, as it should be for a production system, that results in a blank page -- the errors go into a log, rather than being displayed to the user).
Most likely, everything's fine and one of their web guys just fk'd up.
That's what I'm counting on. I hope I end up feeling foolish for selling off a few shares Monday to cover my initial purchase.
This dip is most likely Southbridge fk'n with the market to ensure a lower pps and thus more shares for them. Tell a bunch of your closest friends and family you can make them a bit of money real quick, just buy this stock, you've got a ton of people in on it... sure, others will follow suit, that just drives the peak up higher. Then, once they're all in, sell, sell, sell, now nobody wants it because look, it's falling.
This works because people don't think logically; you know, buy during a dip, when you think it's reached its lowest point, because it's gonna go back up. No, the buy when they see it going up and run when it starts to fall. The price is a few cents higher now than it was before that quick little run we just had, but look at it from Southbridge's perspective; if someone else had bought those shares, it may have stayed up in the 4's. True, it may have stuck at .0018 just the same, but the number of shares they get for 10mil at .0025 is a much greener investment than what they'd get for 10mil at .0041, so it's worth potentially losing a few shares to ensure they don't potentially lose a lot more of them.
This is just a play by Southbridge to get more shares for the same money. Buy while you can, push this back up, and don't give them the satisfaction.
Agreed. I sold enough yesterday to cover my initial investment, so no matter what it does from this point, it's free money for me; more or less depending on performance, but it's free money either way. I'm confident this one's still a climber.
When you kill a pig, you get pork chops and bacon. Mmmmmmmmmmmm, glorious bacon, of which I can buy plenty with the money I've already made trading (HESG). If my remaining shares drop to no bid, I'm not really super worried about it; I've already milked this cow (I don't agree that it's a pig, thank you).
With the trade volume this ticker is seeing of late and the fact it has a history of either capping out at a bid of .0001 or immediately dropping back to no bid after peaking and it's not doing either of those things right now, I'd say it looks good.
Know what else looks good? Investing something like $130 and being able to sell, 3 weeks later, high enough to cover the purchase, commission, and two recent bad trades, while still turning a profit and holding on to a few shares (which means more profit, regardless of what price I sell at, or, worst case, a loss of, oh, wait, no loss, I've already made my profit... if the stock returns to no bid and is eventually delisted). Yup, looks damn good from here.
The common sense comes in where I say "no matter how unlikely". I kept a paltry 5% of my shares, getting out at the peak of the run; how's that for common sense?
Still holding a tiny amount here, 34,740 shares. Got our with enough to cover losses in other stocks and still have a tidy profit, so I'm happy overall. I'll happily hold onto these few shares; who knows, maybe the shell will, no matter how unlikely, be bought and cleaned up. If that happens, maybe it'll break $1 someday and I'll be glad I held that position.
Why all the sells @ 6? It's been higher today! There weren't this many sells at 7. MMs trying to drive it down and buy low again before pumping it back up?
If this is what happens when stoners take over the economy, I'm not so sure I like the idea.................of not letting them do it!
Wish I had the cash to throw at this right now, I'd be down for a 10mil buy.
Since I can't, someone else want to step up and do it?
When the charts average across 1 minute (or 5, or 10, and hour, or a day), a handful of trades at a higher price don't necessarily push the average over that period up high enough to move the point plotted on the chart. I suppose if you're getting down to the second, or plotting every single trade, yes, they're most likely one in the same.
Niiiiiiiiiice... Not only have we had trades at 8, we've got 8 on the charts now! (HESG)! (HESG)! (HESG)! (HESG)! (HESG)!
Most likely it's not, but enough people believe it is that it's driving massive volume, which is all that really matters.
Does it matter? Put some money in now, take more money out later. That's what we care about in the market.
Mc(HESG) - Over 1 Billion Served.
The volcano, eh? You know it's dirty, but you just can't stop yourself from poking at it! Tosh.0 fans will know what I'm talking about!
Wow, I must be super awesome then, putting $150 in with a 0% chance of profiting, and walking away with $1050. I just did the impossible. Ah-may-zing!
I'll go ahead and assume that was sincere... In case it wasn't, let me explain something, so that you can hopefully grasp what's going on with the people on this board getting excited about this scam shell corporation:
Some of us have money to play with and don't care if we lose that play money. Just like you might go to a casino, play the lottery, go see a movie, go skydiving, or really, anything else that costs you money and provides you entertainment, we're here on HESG. I plopped down $150 on this just for kicks, the way most people drop $1 on a lottery ticket every week; the difference is, I won after 3 weeks. Sure, it's not millions, but if I come back when it's at 0001 and do it again, what do I lose if it never sees a bid again? Nothing; I'm just putting the original $150 back in, I've still got the profits from this go-round.
Where does this play money come from? For a lot of us, it started with "I'll throw this money into this stock for kicks. I'll probably lose it all, but oh well, it's just for fun" and ended with "Well, that was unexpected! More play money! Let's do some more!" It starts out with 0 risk for those of us throwing one dinner's worth of funds at it (at least for those of us who don't bother acknowledging risk when throwing away money we're just going to throw away anyway) and ends with 0 risk, just the same. If we win, we win; if we lose, we don't care.
Simple as that.
I hold positions in a number of better companies for growth. This? This is just for kicks.
Does your portfolio really care right now, if you bought at triple-oh-one? I did, mine doesn't. I'll be out of this today and on to some other lotto ticket shell. I'll do this again next year, or the year after, or the year after that, so when it's back to 0001, I'll be back to sit on it for as long as it takes.
Yeah, you're right... No product, no workers, no news in over a year, no working phone number, invalid address info, 3-1/2 years of short data missing... almost looks like there's nothing but a dirty shell here. Oh, but what's this? Volume? Enough volume that I'm up 600% in 3 weeks? (v) Can't hear it? HESG is TURNIN' IT UP! (^)
Daaaaaaaaaang HESG must be wakin' n bakin' this morning, it's already gettin' high
That just means get out wit ha smaller profit than you'd normally stick around for. Don't hold out for .001 and there's money to be made here; especially if you bought in at no-bid.
That's all well and good for those who are interested in tokin' up, or investing in pot stocks, but we really have 0 evidence that HESG falls into that category any longer, or that it ever did outside of a single press release that has never been verified as factual.
HESG remains as a shell; a shell that someone clearly has interest in taking over, but still just a shell.
Oh, I think so too, I just wanted to make sure you didn't think this was all on new news. I'm hoping there's some soon, though.
Just over a year ago and no news since then. That's no longer happening............. or......... it's releasing in a week or two and there's a whole lot of insider trading going on. HESG does seem to like p***ing off the SEC, no?
HAS TO be a mistake. If it's not, I'm dumping first thing Monday for a HUUUUUUUUGE win!
heh... I'm in for less than $150, win or lose it's a fun game.
Yup! Buy high, sell low, that's what my daddy taught me! Of course, he never made much money doing it, so I'm wondering if maybe he was wrong?
If what I'm thinking is happening here is anywhere near accurate, whoever's behind this tested with a small group of mules and when they got it to shoot up, had those mules sell so they could bring in a larger group. Some brokerages hold funds for 3 days after a sell (my buddy has the problem, I don't) so they may not have been aware. Once they figured it out, of course they'd have everyone pull out... and if I'm right they'll be back in 3 days.
Wouldn't surprise me given what I know firsthand about ICE and the recent NSA revelations. I think you'd be hard-pressed to find a US government agency that wasn't overrun with underpaid agents looking to supplement their income. If the orders don't come from higher up, that is. They'd have to have *A LOT* of friends, though, and only have them invest pre-bust once in a while, never the same group twice, or another agent would eventually catch on. "Hey, Joe, have you noticed that these four guys have sold millions of shares of each of the companies you've investigated a month before we went in and busted them? What do you make of that?"
Full disclosure: When I used to work retail, my LP team always loved me wherever I worked, because I'd pick apart merchandising and policy changes to find as many possible ways to exploit them for my own gain as I could possibly find, then detail all of this for them. My brain is wired for thinking up these scams, but my self-preservation circuitry is still functioning well enough that I know better than to every actually pull one of them.