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ive been waiting a long time anyway. a bird in the hand is better than 2 in the bush
one thing this buy back pr says to me is the company is not dilluting to give us news shares. that is good news for us
it does seem like they are serious about this buy back
i will be contacting the company to sell back a portion of my postion. at .0115, its not a bad deal, and atleast i can gaurantee some kind of return on my investment in case things take some time to play out the way i hope. if the pps doesnt rise, then i can always buy back those shares at lower prices
what i want to know is what is there plan if not enough investors sell them shares. are they going to buy back in the open market or just cancel the purchase altogether.
also supposing they can only get say 2mil shares for example, will they go ahead with the purchase of those 2mil, or will they cancel since they didnt get the full 10m?
these are important questions the company should address imo
Interesting
its been less than a year. maybe about 6 months or so. i think sep 2010 was as far back as i checked
look at the volume on the 16th and 17th of march, then look at my post explaining what i think is going on
if im correct, most of that volume was short shares, and if the pattern i explained is correct, then they will cover those shares before the 31st
someone doesnt want this to go past .0074. seems like they have a gtc order since friday
coupled with the bashers that just hopped on board, im guessing shorts do not want this to go up
if my theory on the shorts is correct, and the previous pattern continues, then shorts will be covering by the 31st of march, the last day of the short interest reporting period
my guess is shorty started shorting on the 16th, and may have shorted at levels below the current price, meaning they are losing money. they are going to have to cover in the next couple days (if the pattern continues), so they are trying to bring the price down as much as possible before covering. the wall at .0074 is to prevent more damage, and discourage investors from jumping in
if we break .0074, we may force them to cover now, leading to a spike in pps. either way, i think they will cover before the end of this week, so hopefully we may see some green
what happens if they cant get investors to sell all 10m shares?
great post and my thoughts exactly
although there is a definite price and quantity attached, what happens if the total shares investors are willing to sell are less than 10mil?
whats up with the wall at .0074?
anyone know why doesnt us news just buy on the open market? why do they have to buy from shareholders directly?
didnt the last pr state that they are free to buy on the open market? just looking for some clarification on this
I think we will see some covering next week. That should give us a bump in pps IMO
nice close over the .006 resistance level today.
lets see if $HNSS can sustain this momentum..contract or CE news would be great to hear right about now
moving on up today...level 2 looks goods.
looks like a cup and handle is forming
most of todays volume was shorting and covering in my opinion, not geniune buys
If anyboy has big money, today would be the perfect day to force a short squeeze before they cover down here
i kind of agree with oldschooler...shorts are opening new postions today (fisrt day of new short interest reporting period) after covering yesterday, and they beat up the .007s long enough to making it easy to take down today. maybe they will chose to cover today. if we dont get back to the 7s, it does not look good for us
i predictied this two days ago, and the chart tells the story, i just didnt know that it would play out so predictably
this could all be in addition to grofe selling, but i cant say for sure
we need the share structure, and the full picture regarding insiders and restricted shares
who are those sources?
they are incorporated in delaware. i think mr black is from the dc/maryland area, but hnns also has an address in NY
Yea I see what your saying. I think both those things are happening and that's why were stuck
Nope. I live in the DC area and would be willing to visit the company if we get a verifiable address. I think they have an address somewhere in Maryland which is in the DC metro area, but I don't know if it's recent
look at my post from monday regarding shorting...i really think that is what is happening
the t-trade came in on the 15th, which is the last day of the short interest reporting period
shorts brought it down all day, then covered with a t-trade
for whatever its worth, here is info i found regarding the share structure from otcmarkets.com. good look trying to get the company to give you permission to contact the transfer agent for this information
notice the shares outstanding, which is the same number i got through a friend with access to a bloomberg terminal. this is higher than the 155 mil O/S we had before. anybody have an explanation?
HNSS Security Details
Share Structure
Market Value1 $1,400,833 a/o Mar 14, 2011
Shares Outstanding 170,833,333 a/o Dec 31, 2010
Float 31,087,127 a/o Feb 22, 2010
Authorized Shares 4,000,000,000 a/o Jun 30, 2010
Par Value 0.0001
Shareholders
Shareholders of Record 1,349 a/o Feb 22, 2010
Beneficial Shareholders N/A
Corporate Actions
Ex. Date Record Date Pay Date
Security Notes
Capital Change=shs decreased by 1 for 100 split immediately followed by 100 for 1 forward split. Effective date=3-15-07. Payable upon surrender. Holders of fewer than 100 shs cashed out at $0.026 cash per sh
Capital Change=shs increased by 100 for 1 split Ex-date=03/15/2007.
Capital Change=shs decreased by 1 for 100 split. Pay date=01/30/2009.
Non US Stock Exchange Listing
-
Short Selling Data
Short Interest 11,832 (5,022.08%)
Feb 28, 2011
Significant Failures to Deliver No
Transfer Agent(s)
Continental Stock Transfer & Trust Company
Service Providers
Auditor/Accountant
N/A
Legal Counsel
H. Melville Hicks, Jr.
551 Fifth Avenue
New York, NY, 10176
United States
Investor Relations Firm
N/A
insert-text-here
I was pointing out that 'product and media distribution' has never been part of their business operations in the past. It has never been in a PR and it is important to note.
The Company places a priority on price, quality, and convenience, providing prompt, free shipping.
im curious as to how you came up with that conclusion?
also how would you explain the coincidence with the volume that i explained? like i said this has been on going for bout 6 months, and is too much of a pattern to be dismissed as simply a coincidence imo
im sure there is a small degree of what you explained going on, especially lately since the pps has flatlined and been in a trading range since 15 Feb between around .007 and .0086. Support is holding pretty well at .007, and it seems shorts are having a tough time bringing it down, or maybe even finding shares to short. However, the daily volumes within each period are pretty low, and anybody shorting and covering the same day is doing so with a very small amount of shares, as orders are extremely hard to fill especially the larger ones. lately, ive barely seen any orders larger than 150k or go through, with most being much smaller than that. for instance i put in a decent sized order last week and only got 1900 shares filled.
Also all the large volumes occur in the beginning and end of every reporting period, and the only way for shorts to make a significant amount of money is with larger volumes. anyone shorting and buying the same day is make only a several bucks and is most likely an idiot or a pretty shady person considering the amount of risk they are taking for a few bucks, especially after transaction fees
any activity that looks like shorting and covering the same day is most likely a long that is selling there shares in hopes of buying them back at a lower price in an effort to average down. i remember someone mentioning on here some time back that they have been trying that. needless to say, that effort is counterproductive to not only them but to everyones else on here as it just helps walk the price down.
while i do think there is significant shorting going on, i think that the true culprit here is not the shorts or flippers, but rather the lack of volume and significant buying pressure, which is allowing these tactics to succeed. if we have enough money come in, than i think the pps will shoot up, but till then we are stuck, and may even see this go lower once the new reporting period starts and shorts open up up new positions, something i dearly hope doesnt happen. i hope support holds up long enough, as it seems the shorts have been having a tough time down here
at this point, the only person who can do anything about this is the company. unless they can come out with some game changing news that will bring in investors and volume, were arent going up.
imo, the company needs to quit hiding the share structure and seriously consider audited financials, as no serious investor will go long based on a promise from management, which no one has any way of finding out if its true, and especially when some may argue that management has not always kept its promises in the past. $75k for auditing is well worth the investment, considering the return it will bring, and the value it will create for shareholders by taking the pps north, and removing the doubt that shorts and flippers have been capitalizing on
if anyone has another take id love to hear it, as these are the conclusions ive come up with based on my own dd
best of luck to all longs
insert-text-here
I think we might see some shorts cover tomorrow
if you look at the short interest report, you will notice that Feb 28, 2011 had the largest open short positions since Nov 15 2010
if you look at the short interest report and the history of the stock, you will notice that the last day of every reporting period (and sometimes the day before) almost always has much higher volume than normal.
my theory is that shorts are shorting throughout the reporting period, and then covering on the last day to avoid showing up on the short interest report. they are doing it on a repeated basis, and as far as i checked, since sep 2010. in other words, shorts are shorting a large amount of shares during the period, and covering at the end, giving the illusion that there is little to no shorting.
if you notice, the volume in the first couple days of each reporting period is roughly the same as the volume at the end of each period, which suggest to me that most of the volume we are seeing is a result of shorters selling stock to people buying in, thus they are keeping hnss down
also, if you notice, the end of each reporting period almost always coincides with a peak in the pps (which i think is a result of them covering), followed by a drop in the pps (which i think is the result of them reopening short positions.
also if you look at the reporting period ending feb 15, you will notice something strange. it seems that the shorts began shorting in the begining of the period, then covered on the 14th, and reopened postions on the same day, then covered again on the 15th. if you add up the voumes for the period, you will see it pretty much adds up
the 14th was the day we had 11m volume, and a huge fluctuation in the pps supporting my conclusion
his pattern has been repeated far to often for it to be just a coincidence imo. i dont know what this really means, but i take from it that it seems longs arent selling shares, and thus shorters are giving us shares at the prices they want. if anyone else can shed some light on this info, i would appreciate it
interesting, dug this up from an old PR dating back to oct 4, 2006
pretty cool that they got coverage in the Washington Business Journal. If only we can get exposure like this now. also it was pretty cool to see what Alan Grofe looks like. I never imagined him to be so old
it was also interesting to see that the article says that they had 10 employees at the time. although that number maybe different now, it is reassuring to see that they are a real company with real operations, and not just a one man or two man show
as a side note, from reading the old PRs, it appears that MedBioWeb and MedGaurdian were Alan Grofe,s babys, hence why he left along with it when the company was sold off. he put a lot of work making them into a viable independent business.
as another side note, i like the style of the old prs, they were much more detailed and informative, and explained more in detail managements thinking and direction rather than just saying were doing so and so and not elaborate on what that means for shareholders
insert-text-here
My advice: rather then quarterbacking management, sit back and enjoy the game.
No dont get me wrong...i definately applaud Management in its move to become more transparent and become current on its financials. this was one of my biggest demands, and im glad to see the company is responding
i understand it takes time to build a company, and so far Management has proven time and time again that it is willing to do the right things for shareholders and build investor confidence
all im saying is that HNSS still has a way to go before being a fully reporting company which will give us the results that we are looking for, and what the stock deserves. while this is a great move, shareholders should still keep the pressure on management for greater disclosure
todays move should bring in new investors/money, and quarter 2 will definitely bring more once we achieve the upgrade status, and HNSS's financial postion is clear
accum/dist has mostly recovered from that sell off a couple weeks ago...hnss looks like its poised to start making some gains again.
we need some VOLUME dammit lol
while this is a step in the right direction...we need to get listed on the OTCQX. Audited is the key word!
Upon approval, Healthnostics will be designated an OTC Markets Current Information Company.
Current Information
The Current Information tier indicates reporting companies that have submited information no older than six months to the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months. This category includes shell companies or development stage companies with little or no operations as well as companies without audited financial statements and as such should be considered extremely speculative by investors.
OTCQX
The OTCQX tier designates OTC-traded companies that have operating businesses and provide substantial disclosure to the marketplace. Although OTCQX companies are not SEC reporting entities, they must provide audited financials and certain disclosures to Pink OTC Markets.
Companies that demonstrate their commitment to investors through enhanced market transparency and timely disclosure, have on-going business operations, and meet Pink OTC Markets’ listing requirements are eligible to list on OTCQX or International OTCQX, the premier OTC market tier. OTCQX is the only highly visible electronic trading venue in the U.S. that does not require Securities and Exchange Commission (SEC) registration.
great news...$hnss moving in the right direction
my sentiments exactly...by sustaining the uncertainty surrounding hnss, they are creating the perfect environment for flippers and shorts, and unfortunately they are capitalizing
if hnss wants to have a proper valuation and play with the big boys, and attract investors, they need to start being more transparent with their books, and acting like the big boys. they can release as many prs as they want, but unless investors can trust and verify that information, smart money will stay away. im also disappointed regarding the secrecy surrounding the O/S and float.
if you dont believe me, look at the volume, it tells the whole story.
at this point, its only speculators like myself and pretty much everyone else on here thats willing to invest in hnss.
like others have said several times, the ball is in Mr. Blacks court, and its now up to the company to make this baby move
i will stay long for now, but at some point....
haha still here...not much to say tho
l2 finally showing hnss got some life back in it. good to see some mms on the bid...been ages
I think the company owes the shareholders an explanation. We just saw a huge sell off of over 10mil shares on the back of a PR. I take that to mean that the PR is not the type of news shareholders wanted to hear, and someone decided to dump instead of wait around for Mr. Black to figure out his head from his ass.
We need solid, hard facts regarding our share structure, future plans, contracts, CE certification, etc. instead of these vague BS fluff PRs that they have been putting out lately, which leave more questions than answers. We also need audited financials and more transparency. No company has ever become successful or gained shareholder confidence by being secretive.
While I have given management the benefit of the doubt before, I am tired of this BS secrecy and trust me and wait it out crap. As a shareholder, I demand to know the hard facts, and what the company is doing behind the scenes. I am tired of being caught off guard due to this secrecy, while shorters and flippers are laughing all the way to the bank. What happened to not enriching a few at the expense of others.
Honestly, looking back at the past couple months, it seems like Mr. Black is all over the place. What the heck does a Marketing company have to do with Healthnostics, Medical Manufacturing, Medical wipes, Europe or any thing Medical at all???? What does an insurance company have anything to do with Healthnostics. He just keeps buying and selling random companies.
If they really arent random, and they play an important role in our operations, then please EXPLAIN IN DETAIL TO YOUR SHAREHOLDERS their significance, and what role they will play instead of a few vague sentence in a PR.
Focus on your companies operations and your shareholders expectations, and stop trying to own every random company under the moon. Otherwise go through with the name change you were contemplating months back, because I dont think 'Healthnostics' describes anything the company is doing these days.
sorry for the rant guys, but we need a solid, detailed explanation from the company otherwise im gonna take my loss and be out
wow lots of buys coming in at the ask!!
more mms are lining up on the bid. auto just jumped in on the action at .01 to provide bid support.
it also looks like nite and etmm are slowly being forced to raise their ask. they are both back up to .0109 with auto next at .012
i think we should start trending up over the next few days
imo ofcourse
your right, any sustained volume will take us out the gutter. i think that float is pretty much locked down
I hope we can close at atleast $.0110 today
I dont know about you guys, but the $HNSS chart looks great to me. these pps drops on low volume are normal and nothing to be worried about as far as im concerned. this same pattern has been occurring for the past few months, and if you notice, especially lately, accum/dist is rising on these drops, meaning these cheapies are being gobbled up by longs. the pps will always fluctuate up and down, but the more important thing is what is the long term trend. If you look at the chart, it appears the long term trend is upwards, and that is supported by company fundamentals, news, volume, and accum/dist. it seems many people here are impatient and are just looking for a big pop so they can take off and run.
if you look at my chart below, youll see some very nice trends.
Support lines:
Turquois: $.0028
Blue: $.0070
Yellow: $.0090
Resistance lines:
Red: $.0119
Orange: $.015
If you notice, between Oct 18 and Nov 22, the stock has been mainly trading between the Blue and Orange lines.
From Nov 22 to Jan 5, that range tightened to the pps mainly trading between the Blue and Red lines.
At the same time, a new support line began to be formed at .009 around Jan 5 shown by the Yellow line. You can see the Green Channel guide the pps from previous support of Blue line, to the new Yellow line.
Between Jan 5 to today, the range tightened again to where the pps was trading mostly between the Yellow line and the Red linea, with a small pop to the Orange line on high volume. Within this range, shares have been extremely hard to come by, with almost all shares going through at the ask.
I have two thoughts on what might happen next.
1. Conservative view:
We will see a new support develop at .01, and the stock will continue to trade mostly between that and the Red line, with a few pops to the Orange line on high volume or news.
2. Liberal view:
We will see the pps Channel up to the Red line, and that line will change from resistance to support. The stock will form a new range between Red and Orange, with some pops to the .02 area on volume or news.
Ofcourse, this is all just my opinion and is based soley on what i see on the chart without any news taken into account. Any major news can change things drastically, and make my analysis null and void.
Best of luck to all!!!
wth kinda takedown was that...10k volume???