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6. These people are old, which may explain #5
Best quote of the week!!
Read it again, I'm familiar with the difference between float and OS.
when they do PR the share structure, it will be something like 120MM O/S with this 10MM being bought by USN, another 10MM ready to go at .015, and another 10MM ready at .03?
Then, the BIG slam dunk, a FURTHER 30MM reduction of the float.[Edit: With USN owning 25% of the total O/S]
Do you think that the big push is to try and this 10MM share block basically set aside in the next few weeks so that when they do PR the share structure, it will be something like 120MM O/S with this 10MM being bought by USN, another 10MM ready to go at .015, and another 10MM ready at .03?
It would allow them to do the BIG updated financials/share structure PR, then possibly follow up with a CE Mark PR, or some more contracts, or both.
Then, the BIG slam dunk, a FURTHER 30MM reduction of the float.[Edit: With USN owning 25% of the total O/S]
Punk, help me with this:
Why is the board saying the listing will now be OTCQB instead of just the Pink Sheets Current tier?
Full Disclosure will provide greater transparency, improve shareholder access to information, and increase market liquidity for shareholders. Upon approval, Healthnostics will be designated an OTC Markets Current Information Company.
Can you use labels for the links instead of just url's?
It will make it much easier to navigate and identify the posts.
When do you feel like Black misled investors? If you mean the share repurchase, didn't that happen before Black took over?
US News Offer: WHY?
Per the last few news releases we know that US News (USN) has been granted a 6 month option to purchase 10MM shares at 0.015 and a 1 year option to purchase 10MM shares at 0.030. Also, HSN is free to make open market purchases.
Obviously, USN and HNSS feel that the current pps is undervalued, and that .030 would provide a more accurate market cap. But .030 is not the true value of the company. The true value would be much higher than this 0.030 number. Significantly higher. And it has to reach those levels in a relatively short term in order to make the investment worthwhile for USN.
Now, USN has come out with an offer to purchase 10MM more shares directly from investors for 0.010 per share. This is interesting, considering that they are free to purchase shares on the open market. Do they feel that 10MM shares on the open market would not be available? Would the pps be driven up by the volume? Do they have information that tells them they need to get the shares NOW, before something big happens? This offer can't be to simply boost the pps short term, because even if they bought their option shares while the pps is above .015, they wouldn't be able to sell for a year due to the restrictions.
There could be other things going on between these 2 companies, but we don't have any reason to believe something shady is happening.
While the tone seems to be 'Down', I think what Razor is saying actually makes some sense.
At first glance, it really seems to be another go around like we had before. If you get down in to it, though, there are distinct diferences, as pointed out by others on the board (Punk, for one).
There is a definite price attached to this offer with a firm share count.
What I don't understand is why US News is doing this, instead of just excercising their right to purchase on the open market. Puzzling, considering the current pps.
Maybe they know that in order to get the volume they want, they have to move up. Maybe there is a short position that they are trying to root out. Maybe they just want to jumpstart the pps so they can make money on their options sooner. I don't know, the next few releases will hopefully shed some light.
Try not to think of Razor as someone who is against the Longs, but as someone who is just trying to point out how people on the other side are seeing these developments. A lot of what he says does make sense.
Will the 10MM and 10MM shares come from the open market, or can HNSS sell the shares that they have presumably been buying at these levels to decrease the float?
I agree with that Razor.
HNSS could be going in with the mindset that our Value is X, we are currently trading at Y. Z is a prices between the 2, so we will let US News buy a bunch of shares at Z for the next year to help us start moving toward Y.
It will definitely be interesting when the share structure is released.
The T trades are the covered shorts.
T-trades are typically created by market makers who short stock during market hours and cover after the market with customer sell orders they were holding, deriving a profit from the spread.
This.
The Company places a priority on price, quality, and convenience, providing prompt, free shipping.
Recall the Australian freight company? Maybe there is something there after all.
No, just a .007 limit.
You're beginning to sound the old man at the bar in Boondock Saints with these mixed up phrases. :)
My 151k have been for sale at .007 ever since I bought them. Not a single one has sold. MM's are still shorting the ask, and buying the bid.
I just put through 151k at the .007 ask. It executed almost immediately.
What price did you set your limit at?
What price did it execute at?
I disagree with you, because nearly all of the shorts are covering the same day they are shorted.
There are no flippers, Frans.
Unless you count the MM's
Bottom line, with today's news, is that there will not be anything left but for this to RISE after the next 2 months.
I've been out the past two days. This is great news to come back to.
What this means is that people who want to sell, have trouble doing it, and when they get impatient they lower their sell price.
Bid-sitters who are not familiar with these tactics raise their bid.
At any point when the Retail BUY/SELL prices cross, the MM's immediately short shares to the buyer and then buy up the shares from the seller. This keeps us liquid and at least gives the illusion of volume. Without it I think we would be dead in the water.
I've lost another 8% buying and selling over the past 2 weeks to obtain this information.
Retail BUYS will not execute at the bid.
Retail SELLS will not execute at the ask.
In between the bid/ask, a SELL order is at least partially filled, followed by the ask dropping to the SELL order prices and the bid dropping lower.
A BUY between the bid/ask sometimes gets a partial fill, followed by an uptick in the ask, with no movement in the bid.
I've been doing a little experimenting....
Retail BUYS will not execute at the bid.
Retail SELLS will not execute at the ask.
In between the bid/ask, a SELL order is at least partially filled, followed by the ask dropping to the SELL order prices and the bid dropping lower.
A BUY between the bid/ask sometimes gets a partial fill, followed by an uptick in the ask, with no movement in the bid.
You can say whatever you want to make it look like the company/shareholders are regaining control, or the flippers are keeping us down. They aren't. There just isn't any volume, so the MM's are taking advantage.
On 67,000 volume? Right....
We had volume numbers multiple times over the past couple of weeks. Volume is not the answer.
We're stuck because the company isn't current, there hasn't been any more updates on the CE, patent applications, German interest, or the new machines.
It's time to be patient, take a loss, or start flipping. I made a couple small flips, but didn't find it worth the effort.
You're a troll.
That's the thing, I don't either. I just wanted to see how it goes and, to be honest, it's too tedious for my tastes. BUT, it's a nice way to continue increasing my holding while working on other things too.
I think boredom drove me to it. It's nice to know that there is still liquidity, though, and that the practice of lowering the concentration of a liquid is not happening.
I don't want to be a heel, but I sold out at .01 this week and then did 2 $180 flips.
We can all agree that this isn't going until the company wants it to, so in the meantime I plan on making it work for me the best I can while making sure I always have some shares. It's working out well, because I've got about 11% more shares now than I did before.
Our batter HNSS is in the bull pen.
Get that glove ready and watch for a knuckle ball to the upper decks.
I think you meant the on deck circle.
The logic behind the shorts forcing this down is solid, but I'm not convinced that abusive shorting has occured.
I am convinced that this has a big upside, but we are on MB's schedule now.
However, to be selling below bid tells me someone/entity is incentivized for whatever reason, to hold the pps down.
I mean face it, why would someone or entity not want the pps to run?
Could it be that they shorted too much and have too much to lose by the pps going up?
Sooner or later it will have be let go.
But that is STILL 2million Sells. We aren't going anywhere until we can get news, with an initial bump, and NOT see a selloff.
3-2 today just shows how powerless longs are here.
Okay. Try to say it a 4th different way
I get what you're saying now, and I think you may be on the right track.
But it hasn't been that long since the management change that put Black in control. It is entirely possible that he sees this as his chance to start the transition, and has every intention of passing the lead to someone else as we get closer.
The good doctor may be only the first piece.
If the plan is to remain an OTC company, I would argue that having a finance guy as CEO makes perfect sense.
You're right about there being huge potential here, and I'm not displeased with $HNSS performance. This is just a play I am going to make, like any other. I feel like I can put this to work somewhere else, get a better return, and be back before the run.
I do put myself at risk of missing the run, but that's something we all deal with every day.
I don't think I'm going to stick around much longer. At this point I feel like I can make better use of assets in other places, and still be back for the ride if it ever happens.
When some real news is released, we'll see about that.
For now, though, you are right. This is definitely flatlined.
You forgot to 'herp' before you 'derp'ed
That wasn't information, that was teaser. We need solid information, such as projections, CE news, share structure, current filing, etc.
Until this info starts to surface, it will continue to be my statement and likely the statement of others.
The pps is no lower now than it was 3 months ago, and we are sitting at 2.5x the September/warly October average. We are NOT sinking.