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The problem is, how to shake shares from a tree that has already had the loose shares shaken from it???
Agreed, don't think anyone in HNSS is willing to sell that low. Looks more like people are wanting in.
Thanks for the insight on what happened too, I definitely see the 6MM bought at .0007 even though MM's tried to play the manipulation game to make it look like selling.
HNSS
If you were watching L2 closely, you might have noticed that UBSS was on the ask (.0007) with 3MM shares. Someone tried to BUY 3MM shares at the ASK and right when that happened, UBSS took its 3MM shares and moved up to .0008. This was a little tactic to make the 3MM share buy AT THE ASK look like a sell AT THE BID. That is pure manipulation to make it look like someone is selling instead of someone is buying. So who sold the 3MM shares at .0007? It wasn't UBSS, they still have all their shares... and now they have moved back down to .0007.
I don't think UBSS is dumping shares, I think they are trying to entice buying at the ask and then letting VERT and VFIN come in to sell short shares.
Without help from the company, be on the look out for another press downward by the MM's soon.
Some hope, sure. But mostly I just think we are going to be OK and the "scam" screamers have gone a little overboard on HNSS due to their past experiences in other companies. HNSS really hasn't shown any signs of a scam, yet. They have just been keeping all business operations close to the vest. As an investor, that sucks because we want to know everything. As a company with a potential product that could really be a game-changer if it lives up to the PR's hype, do you really expect them to divulge details that could cost them their competitive advantage? I don't. They need to be first to market with the new technology and if that means leaving the investors in the dark for a while, well, I'll stick around to see what happens.
I will agree that there are certain things Black could do between now and the MicroFill launch that would help keep investor's confidence up as well as attract new investors. I've sent him an email to put a bug in his ear, nothing more I can do for now.
HNSS
This all seems like something that needs to happen as the pink sheet companies and MM's have long taken advantage of the individual retail investor.
We all want transparency.
If nothing else, being forced to be transparent would show most of you guys that you are barking "scam" up the wrong tree here. Silence does not equal malfeasance.
Thanks for the links TOXX, it will be interesting to see how it all shakes out.
HNSS
Etrade and Fidelity do not restrict the purchase for HNSS nor do they charge fees for selling. As of now.
Interesting write up.
Another (older) article about the DTCC..
http://www.marketrap.com/article/view_article/9165/the-dtcc-unregulated-buying-clearing-settling-and-short-selling
So is the "growing company" theory. Things don't happen over night, no matter how much you want them too.
a PR from Black that is not substantiated is not due diligence.
Is it just me, or does it look like the MM's are trying to completely discourage trading of HNSS?
They took out all the shares at the bid (.0006) and the ask (.0008) and are now just sitting there with the bid/ask boxed in, and their lot sizes hidden.
They must be getting pissed that the longs have been accumulating so many shares down here, which has made it hard for the MM's to play their usual pink sheet manipulation games.
I would say it might be time for the MM's to just move on and go find another pink sheet company to try and drive into the ground, but, we all know they are too stubborn for that. MM's aren't used to losing and will put everything they have into taking HNSS down so they never have to cover their short shares.
Too bad longs hold over 25% of the float and aren't selling.
Good luck.
HNSS
Its new for VERT to be sitting on the ask. Looks like they have absorbed over half a million shares already and are not showing a lot size on the ask. Hmmm...
HNSS
Black hasn't failed anything yet, except your patience. I know you know things don't happen over night, especially when trying to get a company off the ground and introduce a new/modified product to the market, so I'm not sure how he has failed except he has not met your investing timeline.
Sorry. Either wait and see or sell, but there is no use in asking for the disclosure everyday when we have all known for months that Black is not going to release it. You know it and I know it, so what gain do you have by asking for it everyday like you think it might actually come out?
None.
HNSS
The CEO puts a disclaimer at the bottom of each PR (including the one about releasing disclosure, which he never "promised", please go back and re-read). Therefore, if the company decides to go in a different direction, they can do so with no regrets because they told you up front that the information in the PR could change at any time. Why is that so hard to understand? It seems 95% of the posters here understand that, but a few of you don't.
You tell us to not get married to a stock, but then you guys get "married" to hating the stock and I'm not sure you even know why.
HNSS is coming along slowly, there is a lot of work for them to do and a lot of information the longs would like to see to bolster our confidence in our investment. Does not knowing everything about a company mean its a scam? Of course not and you guys know that, but it doesn't stop you from calling the company and its CEO a scam, liar, thief etc.
Human decency works both ways.
HNSS
Or Etrade, or Fidelity...
How can people say there is no manipulation when I just watched a $3.50 bid whack, followed by NITE and UBSS moving their asks down a tick? If they were truly trying to make money, they would not be trying to force the price lower... common sense tells you that much.
HNSS
The baby seemed more savvy than the rep I spoke to on the phone haha.
Not sure we will hear anything from Black until 1Q2012. I've sent him a couple emails in the past 2 weeks and he hasn't responded which means they are probably VERY busy.
I do think an update on the patent filing status would do wonders for investor confidence though.
HNSS
This is a joke... MM's just bid whacked BELOW the bid for less than $10 and dropped us 38%. And people STILL say there is no manipulation? Give me a break. MM's need to cover and NO ONE IS SELLING DOWN HERE.
If they want to close out their short positions, they are going to have to move the price up where there will be some volume. Of course, they are too stubborn to do that so they keep bid whacking lower and lower hoping somebody gets frustrated and sells to them.
Guess what MM's, we aren't selling.
FYI, I just found out last week that multiple millions of shares of mine were being held un-settled for over a month! I called Etrade and they said it was a "mix-up" and that my orders weren't processed. Then he said since my shares were un-settled they could be used for shorting or if someone shorted those shares to me, they have not had to cover for over a month! Now that my shares are settled, I think the MM's are going to have to cover A LOT of short shares that they have been playing with for the last month.
We'll see what happens.
HNSS
Jag, you still holding your H*SS?
HNSS has started to become very stable over the past two weeks. The flippers are mostly gone and no one is selling shares down here (as evidence by daily reg sho data and low daily volume). The only problem we have now is that every chance at momentum gets snuffed out by NITE and VFIN.
NITE must be holding A LOT of short shares, I know personally they haven't been able to pony up and deliver shares I bought from them going on 1 month now (they sit in my account, unsettled). Fail to deliver is a serious offense and NITE has several documented FTD's on penny stocks. It would be a good idea if they raised the price up to buy shares at a price people are willing to sell at.
Kind of crazy, but I can now look at L2 and know who will be posting on iHub based on which MM is lined up to short/flip HNSS in the morning.
Haven't seen VFIN on the ask in a while and guess who shows up out of the blue? Coincidence? Doubt it.
HNSS
Shareholders are not "dumping" shares, O. MM's are working very hard to keep the pps in this range and not let it run. We saw the price rise over 100% in basically 2 trading days from fairly minimal BUYING.
What you are seeing now is bid whacking by the MM's to keep the price down. No clue why they would do this as MM's are supposed to make their money off of creating liquidity in a stock. Not shorting it at the ask and buying the shares back at the bid.
HNSS
Gotta love NITE and their games.
It seems like moving the price up to a place where there is more volume would make them more money than flipping the stock for chump change at this price level.
Looky there, our old friend VFIN has materialized on the ask again.
Shares are cheap and easy to come by if you buy at the ask. You are right about the flippers, they only want small gains and are willing to sell just to get out of their position.
We had a gap with no shares from .0013-.0019 for a few minutes and even now, there are about 2.5MM shares from .0013 up to .002. Probably a good time to buy if you believe in the CEO and think the MicroFill will be launched in 1Q2012.
HNSS
Up 66% last week on heavy buying at the ask. Looks to me like someone or some group thinks there is some potential here and wants in.
As to your comment about "66% of nothing is still nothing"... That's correct, but has no logical basis here as we are not at zero. 66% of .0006 is .0004 and that puts HNsS back up to .001. We saw a solid increase in pps last week as well as price stabilization as flippers got out of their positions. Not a bad week.
HNSS
PPS went up 66% last week on heavy buying at the ask. No volume on Friday tells me that whoever entered into HNSS got the amount of shares they needed. Seems to me that someone or some group picked up over 15MM shares all at the ask, taking shares from flippers that have been trying to exit their positions. So where is this "lack of buying" you speak of?
Did you not see someone taking their position (a large one) here last week? Did you not see almost 100% of the trades at the ASK when they bought?
66% up is a good thing.... You can't put a negative spin on that.
HNSS
Nope. We've taken just about all the shares at .001 out of the flippers hands, hence the lack of volume today. Low volume = lack of flippers = stable price per share. Flippers can go on their merry way while we put their shares into the hands of longs who are not shaken by pps of the last couple months.
Don't forget, longs have been buying for the last 6-18 months. We have plenty of shares and are ready for the launch of the MicroFill in 1Q2012. We don't need to buy everyday in order to show our support. I, for one, am pleased with the 66% gain we had this week. Aren't you?
HNSS
NITE is the interesting entity on HNSS at this time. NITE is basically a wholesaler and a big time market manipulator. For the last few days he has been holding HNSS up. He's also on the ask but ducks out and reestablishes a higher bid/ask window. He is apparently, slowly, walking us up. Either setting us up for a run or somebody has placed an order to collect shares quietly, or both! So far no one is selling at the bid so he's walking it up only at this time.
What rumor? You were the only one who said anything about the full disclosure maybe coming out...
It looks like someone decided that yesterday was a good price to either start a position or add to their position before the MicroFill launch next quarter. Nothing more, nothing less.
I won't be surprised to see lots of low volume days with a few large buying days sprinkled in over the next few months. Lots of positives to look forward to here if you are patient.
HNSS
Correct, it is a recurring theme that the CEO knows what is going on with the company. Not sure how that can be twisted into a bad thing... I, for one, love it when my CEO is in tune with company operations and financials.
We are heading into a quiet period prior to the 1Q2012 launch of the MicroFill-2160, its probably a good idea to be patient and let the events unfold rather than worrying daily about what will happen next.
HNSS
If I believe this is a scam, I can't stand by and let newbies invest in this
5. Will the machines be sold individually, operated in a company owned facilty, or both?
What's funny is some people say PR's can't be trusted and yet they want HNSS to PR "verifiable" information. Isn't that a little contradictory?
The truth is these people have no idea if HNSS is legit or not and they don't care. All they care about is making it seem like HNSS is scam.
HNSS
Looks like someone taking advantage of the stalemate. Lots of shares between .0007 and .001 are waiting to be sold from flippers that were accumulating between .0005 and .0007. Need some big buyers to come in and take them out before we even think about moving back up to .001 and beyond.
The poster that reported on the wipes facility hardly even posts here and said the information was from a credible source so I am much more inclined to believe him.
You might want to get them quick before Black shuts the doors and moves on to his next scam
This will be at $.0001 by then if nothing else changes.
we gave him straight answers. i.e. facts.
The longs are not posting as much on this board due to restrictions imposed on us. We are still here and buying though.
GL
HNSS