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April 30th is the deadline to own HNSS shares and be eligible for the INAR share distribution. I'm not sure if I expect any big news on Monday since the big news was that if you hold HNSS until Monday, you'll get restricted stock in another company.
I could be wrong (and hope I am), we definitely need to find out what the company is up to. I'd like to see profits being made right now, and get a concrete plan for the future of HNSS.
HNSS
Interesting, any ideas why your order was piece-mailed to you? I hadn't seen that before on such a small order (especially when there were 5 million shares on the ask to choose from).
Looks like we are getting the EOW flipper crew trying to get out of there trades. Bid whacking and lowering the pps just to get out with a couple hundred bucks... Thanks flippers.
HNSS
What's with these small trades? 5,000 - 6,300 - 6,200?
$5 trades?
HNSS
Looks like flippers bought in under .0007 over the past couple weeks and are now trying to dump into this run. Lots of bid whacking going on which certainly does not help promote upward price movement.
I would think, even for flippers, it would be advantageous to hold on to your shares through April 30th. At least qualify for the INAR share dividend before trying to dump?
HNSS
Agreed.
HNSS
Whoever is selling at .0006 (through ETMM and NITE) should push their asks higher today and let HNSS breathe a little.
The pps has been suffocated at .0006 lately by some amateur sellers.
HNSS
He answers my emails every now and then. No inside info, just letting me know that he is working his butt off. For us.
HNSS
There's more than 5.5 million shares to .001. Before ETMM moved to .0006, they were showing 5MM at .0007 and thats just one MM. It's going to take a good amount of buying at the ask to get us back to .001.
HNSS
Two sales at .0005 for 2000 shares each. That's $1 per trade... Seems like someone is trying to scare other people into selling at the bid.
Buy at the ask!
HNSS
When was the first reverse split? 2008?
Can you give us some details of what was going on with the stock when it happened? How did affect your holdings? Your profit/loss?
I don't necessarily think another RS is coming, but I am curious what the circumstances were that led to the last reverse split.
Thanks.
HNSS
That's what I am saying. There have been several days in the past few weeks that start off with heavy buying on the ask, but the guys on the bid do not move their bids up with the pps. This creates a gap between the bid/ask and by the end of the day, some jerk dumps shares to the bid and we drop down 2 ticks instead of 1.
It seems like half the shareholders buy at the ask because they want the pps to increase, and the other half sits at an artificially low bid because they know once the buying at the ask stops, the price will come crashing back down.
So I agree with you, bid sitters can stay on the bid all they want. They just need to keep increasing their bid as buys at the ask occur so we can create some upward momentum before news.
Out of posts for the day, its time for golf anyway. Have a good weekend.
PS: Did anyone else notice over 20MM shares were sold at .0005 by NITE? They were all in 5MM share blocks, one after the other. Interesting
The first purchase of the day was me, 5MM shares at the ask. The price of HNSS should not be anywhere near this low and even though I already have a ton of shares, I can't let the flippers and day traders get all the cheap shares for themselves.
I do practice what I preach though. I buy at the ask, and typically in large volumes. If everyone did the same we would be in a much better situation (pps) when news finally does come out. Sitting on the bid only entices sellers to dump at the bid (because more people are available to sell to) which causes downward pressure/moment of the stock. I, for one, would like to see the pps go up.
HNSS
Doesn't matter, NITE just puts up another 5MM for sale. I wonder who could be selling all these shares...
HNSS
Pump all you want, we aren't moving up until Black comes through on one of his (many) previous PRs. All pumping does is bring in flippers to run the pps up a few ticks, and then it craters back down to this level when they sell off.
Some of us are here to actually see the company succeed (and reward the shareholders who have been here the longest).
HNSS
Doubt it. Although the selling to the bid has slowed, it seems there is always some idiot willing to dump his shares on the bid in order to secure his $100 profit. It kills any momentum we could be building and no one really benefits from selling to the bid.
HNSS
This is what Black wanted to happen when he released the PR about HNSS shareholders getting INAR shares by holding through the end of April. Stability.
Makes it harder to flip when traders can't get shares at a cheap price, lowest anyone is willing to sell is .0008 (and that is way too low in my opinion).
Positive verifiable news from the company and we move up. Even becoming "Pink Current" would do wonders for the company.
HNSS
Wow, up 1100% on heavy volume and very positive news.
The only thing HNSS is doing better is that we have less shares in the OS. Now we just need Black to finish up and follow though on any of his PR's from the past year. He's laid out his plans, now its time to be successful at them so that he, and the shareholders, can make a profit.
HNSS
Is anyone here actually picking up any of the .0006's? Seems like shares are just being pushed around back and forth between the same people, and I'm wondering if anyone is able to buy 6's in significant amounts.
Thanks.
HNSS
If you want the price to go up, why not start taking the 9's? HNSS won't move up because everyone keeps trying to low ball the price for "cheap" shares...
HNSS
Agreed. You'd think there would be little to no selling (especially at these low prices) until the beginning of May, since shareholders can get free shares of INAR and it's spin offs by holding HNSS through April 30th.
Even day traders/flippers would benefit from holding HNSS for the next few weeks.
Everyone should at least set their sell prices much higher than .0009. Lets get some upward momentum by not suffocating the ask with shares.
I'm looking for more news as well by the end of the month (maybe this week?). There has to be a reason Black wants everyone to hold their shares for the next few weeks. I think the INAR distribution is his way of saying "hold on just a bit longer, something is coming".
HNSS
Yes I understand we closed at .0009. I was simply pointing out that we had a t-trade a few minutes after the bell that was lower than the closing price.
We used to get t-trades quite often (before you came to the board), and no one was sure where they came from. Black suspended the TA for several months and the t-trades went away. Just an observation on my part that another t-trade occurred.
HNSS
It could have happened at any time during the day, but it happened at 4:02 EST. According to Etrade, we are down 11% after hours because of it. A while ago, Black suspended TA activity for a few months and the T-trades became nonexistent. I'm thinking the T-trades just have something to with brokerages transferring blocks of shares between each other as buyers and sellers make transactions.
No big deal.
4MM share T-trade a few minutes after the closing bell brought us back down to .0008.
Interesting that if you hold your shares through April 30th, you get free INAR shares (as well as their spinoff companies) as a "thank you" for investing in HNSS, and yet, there are people willing to sell 15MM shares at .0008 today.
Am I missing something?
Only positive MicroFill-related news from the company is going to get us through that stacked of an ask. Buying at the ask, on no news, has not been very heavy/effective as of late.
Come on Black, lets get an update on the MicroFill. The reason most of us are invested here in the first place.
HNSS
EDIT
YOU Take a bite out of the 7's first.
HNSS
Why does the company care whether shareholders bail or not? They do not make money off of us holding our shares.
The only way I see the INAR distribution as a plea to shareholders to hold their shares is if it is how Black is answering our countless emails to him, asking him to give us an update on the MicroFill. I and others have sent dozens of emails outlining the general consensus and opinions of many large shareholders. As shareholders, we all want to be apprised of what is actually going on behind HNSS doors, and maybe this PR is attempt to let those invested here know that something is coming.
Who knows.
HNSS
*EDIT* - Thanks BlueBliss, I saw I posted the same idea as you after I hit "submit".
Well, INAR got news (not even sure how "game changing" it is) and is up 267% right now on heavy volume.
All it would take, for HNSS to do the same, is for Black to let his shareholders know what is going on with the MicroFill production/launch process. He has put so many irons in the fire through PR's, that following up on any combination of them would do wonders for the pps (not to mention a progress report would put HNSS into a better light with the investing public).
HNSS
Everyone seems afraid to buy those .0006's...
HNSS
heavy selling at .0004 already. someone is really trying to take the pps down.
There is no way someone is selling for a profit at .0004..
HNSS
Excellent post, appreciate your opinion.
Maybe I don't grasp it.. What is/could be monumental? All I see is Black giving away INAR shares to anyone who buys HNSS up until April 30, 2012.
I thought the crowdfunding would be handled by HNS Fund (www.hnsfund.com even has the NASDAQ floor as its background), not INAR.
I wonder where the MicroFill is and why we haven't been updated on it now that Q1 is over.
HNSS
People need to start buying at the ask if they want the pps to move up at all. Bid sitting will get you cheap shares (maybe), but it doesn't move the price in the right direction.
HNSS
Don't get too optimistic about news coming "at or around open". Patience is key with HNSS and Black because he is very cautious about not releasing news until he actually has something to say (hence the 5 months of silence).
I'm probably going to do the smartest thing any of us can do today and going play golf.
HNSS is making money, and we have a CEO who has been around the company for the past decade. He's not running off to the Bahamas with investors money anytime soon. I think that he will, eventually, fulfill all his promises.
HNSS
That patent is owned by Marshall Klingensmith, a registered professional engineer.
http://www.linkedin.com/profile/view?authType=name&goback=%2Enpp_%2Fmarshall*5klingensmith%2F1b%2F179%2F542&locale=en_US&id=69087938&authToken=JWiP
He works for a company called RPA Engineering.
http://www.rpaengr.com/
From the website..