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I guess the results from the new well would fall under your #1. Also they will probably have started on drilling Hemi #1 (the first was Hemi #2) before the month is out.
I hope they don't wait for that news for another update. This thing is getting really wound up again. It is going to move soon, probably by the end of the week. I just hope we get a good PR and that move is upwards. We have shown really good support right here around $.50, but the volume is really dropping off. Without a little push we might break below the tightening bollies, not above. Long run it wouldn't matter much, but I would much rather be in the $.70s next week than the $.40s.
Another thing for your list Kels would be more reworked wells. They have probably been continuing nonstop with reworking the older wells, too.
So the chart was actually starting to look really good, until that $.41 sell. Even now it still is looking interesting. The bollies are starting to tighten up. Of course, this usually can mean a break in either direction. I'd love some T/A from our friend DD2, but they seem to have taken a vacation.
Very happy with the action today. The chart is looking 'perky'.
When we are solidly over that mark I think that would be very beneficial.
I am sure many of you have already seen this presentation about naked shorting. However, it has some pretty interesting things to say about the SEC. They SEC isn't about regulating the markets, its about doing favors for the large brokers where they eventually move on to get cushy jobs. The SEC is a joke.
http://www.businessjive.com/nss/darkside.html
We don't want to overwhelm them or anything, but I agree that everyone should email/call Keith at least once if they are going to stay long. I have communicated with him once and also with Craig a few times and it really helps your perspective. I don't know any recent numbers, but it is good to remember these guys own more shares than any one of us and want Hemi to succeed more than anyone. The color of money is black! ;)
I may have considered flipping, but just a minor portion of my shares. If I sell out 20K shares at $.80 and don't get them back, well so be it. Considering I've only sold a total of 20K shares since $.02 it would be justified profit taking.
Yeah if all of us sold 20-50K that could be ugly.
As for me being out, you would have probably already known about it if I was. We would be back in the teens temporarily before I was done. If not it would be because I took 3 weeks to do it slowly.
Peace out.
Ok, I take that back. Looking at the chart and volume levels we couldn't support that level of flipping.
Maybe I'll flip like 50-100K.
$.70 down to $.45?
Sorry, but I am starting to agree with the flippers. I know where we are going over all, but we no longer have a nice stable chart.
Next time I am flipping 200-300K shares.
Maybe it was the company selling into the PR after all. I don't think they have ungagged the TA yet, so whose to know?
I hear ya man. However, if we can keep this $.50 support I am fine for a while. It would actually be nice to go sideways for a while and not look like we have come up so fast. Then when we get a whole bunch of exposure from this CNBC thing people might be more willing to get in.
How my times have you heard people say it's too late to get in because it has come up so much? I fight it all the time. So some stability would be good. We know it is likely a 10 bagger from here like lowman said yesterday.
Still, if it would just run up past $2 I wouldn't complain. ;)
How can you tell we are halted?
Isn't this about the same volume we had before most days?
Sorry, couldn't resist.
Regardless of the trigger, if they don't put out a response ASAP they have lost all credibility.
Preachin' to the choir here I guess.
Well, seems kind of obvious that the MM who is short has buddies at the SEC. You could never prove it, but...
Yeah, I expect they might want to baseline the well before they release any news. They probably aren't quite done with the completion process. They may not have even had a chance to frac it yet.
It could be be the end next week before we hear anything. Maybe we will get a small update before then.
Sadly, these tactics often work when applied to most pinksheet companies. These companies often have little or no revenues, debt payments and their only source of quick cash is to print more shares. These are happily sucked up by the MMs or give the MMs further license to tank the PPS and cover lower and lower.
The beauty of Hemi is that operations are completely unaffected by the PPS. Keith has zero need to sell shares, no debt, steadily increasing revenues, etc. So the only shares the MMs are going to get are the few they can shake out of the weak hands and the ones they are going to pay $3-$7 for in the future.
There are many things that make "weak hands" weak. Fear, doubt, ignorance, even greed. However, the worst on of all is impatience. This is my problem. Time to turn the daily ticker off for me occasionally and get on with life. Wake me up when we hit $2 so I can buy myself a Hemi cap or two. ;)
Then I can go back to sleep until the buyout.
Any idea where all the shares came from on our super volume day?
It was over 2 million that day. I agree that it probably wasn't the company. If the MMs were willing to give up $400K in shares to keep this down, might they not do it again? I don't have the Time&Sales saved from that day so I don't really remember where it all went through at, but the majority of it was over $.20 I think.
They have also mentioned New Mexico in the past.
I have no idea on the 5th, but my guess would be Wyoming.
I gotta agree, the market cap now is extremely low. I need to call the TA again and check on the current share structure. If it hasn't changed much then we have been seeing restricted shares coming off. That should dry up eventually and this will fly.
It was a great find mm2b, he just didn't realize it was available for public viewing and has since made it private.
I know many of you have had a chance to email Keith (I did just once myself) and know that he is what keeps this Hemi running. Well, I had a chance to talk with Craig a little and he is just the same. From what I read on the blog and my brief dialog with him, you can tell these guys know what they are doing. Hemi is the real deal.
I was a 'long' before, but I am longer now if possible. This isn't some in and out pinky play. This is a once in a lifetime opportunity and we are lucky to be along for the ride.
Did you mean buy HMGP NOW!?
;)
I've got PMs in to mods, but they tain't 'round.
edit: I asked Matt as well. Shouldn't be too long before someone can delete it.
I also recommend deleting any and all related posts. So bookmark it while you can folks.
Ya, I thought about deleting the link I posted, but it was already 15 minutes later when I thought about it.
BigMur, you awake? I think the lowman might be barhopping and chickmagentizing again. ;)
LOL. I remember watching that live. Al Capone's vaults! Ha!
I was going to suggest not reposting anything from the blog. I think it is a great source of information and fun to read. I would hate for it to have to go away for legal reasons, etc. I don't really know much about that, but I would think they would have to be careful with what they say. Unfortunately, careful usually errs on the the side of not posting anything.
I suggest everyone bookmark it and quietly enjoy whatever tidbits we find.
I am not sure exactly what you're seeing, but the B/A is moving around a bit today. Almost one for one with the number of trades.
Wasn't me either. I got more shares than even Robin could put under her pillow.
Not to mention I am showing a B/A of .007/.01 which is only up 20%.
No offense, but you have to be joking. I've got 10 symbols up in my Scottrade Elite window. 2 of them are close to correct, but don't represent exactly what the B/A was at close, nor likely what it is to be in the morning.
Then rest are not even close. Some are off by 500%. Pinks like NHYB just don't work that way.
??? The bid/ask after hours is never accurate for OTC stocks.
Gotta love the L2s here.
.19
.19
.46
1.00
The sad thing is the CEO really seemed to believe that. What a joke.
Of course, looks more like dilution to me.
I don't think there are many left shorted. Someone was selling more shares than even the MMs could want. Either the company or restricted shares coming off of restriction. I wish we knew the schedule for those restricted shares, I think this will pop when they stop selling.
I agree. Shows what strength we have here for a pink when we can take a hit like that in the morning and almost completely recover by the eod.
The L2s are very, very thin all the way to $.90!
Exactly. It was good to see that it is awful thin up to $.90 though.
Oh I agree. $2-$3 is a minimum. Buyout would be higher than that for sure.
Whether or not the share price ever quite catches up to true value is another question, but I am sure it will at least approach $3 as a minimum.
Ha. I wished I had taken it too. I sat and watched it dip. Been kicking myself for weeks. Just didn't have the powder.
I agree, sure I am happy with the move up, but that close made the chart look weak. A huge wick on the day's candle never looks good, closing down 30% from the HOD. Worse was closing $.10 down from the low $.70s where we had good support for a while. Obviously, it was a little too much too soon.
Of course, that's all just perceptions. In reality we are still way undervalued and the numbers just confirm that. We are sitting on $2-$3/share minimum. In fact, I'll personally hamstring the next so called 'long' who mentions a $1 target again. They're doing more damage to our long term potential than anything else.
If there was shorting that needs to be covered a lot of it happened at $.018 and $.02. They sold tons of shares at the very bottom. We know the company didn't sell those shares. Anyone else who held that many shares already knew what Hemi was about and wouldn't have sold either. Best guess is the MMs must have blown through millions of shares there at the bottom trying to keep it down.