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Hey Jason,
I apologize if someone else already asked you this and I missed your answer - but are you planning to sell your shares? It sounds like you don't expect much from the company - even in 43 days. Are you going to wait and find out what happens in 43 days (thus, holding in for 193 days total), or do you think you'll get out before that?
In my limited experience with all this - I agree, playing with pinks means making money or completely losing it. That's why I only risked as much as I could afford to lose. I'm not saying the following is the case for you, but I feel like there are people on this board who are investing more than they can afford to lose. To each their own, but doesn't seem very smart to me when investing in such a high risk..
We'll see.. And yes, Fotog has been doing this much longer than I have. I would venture to guess that every single person on this board has been doing this longer than I have.
It just sounded like he was out - I was bidding him farewell.
I am speculative as to how this will all turn out, too. To me, though, the fact that they are spending money to be audited says that they want to be seen as credible. Whether they can execute their business plan is another story...
I agree with you - this is pure lotto play.
Good luck Fotog! Sounds like we won't be seeing anymore posts from you...
All due respect, Jason, but I don't think they have "pi$$ed off" ALL of their shareholders :). Just some...
I agree with you 100%. Well said!
That would be sweet :). One of many reason I am in this for the long haul. That's my last post of the day - probably couldn't come sooner as far as some of you are concerned :).
You're right, I have no idea what the news will be - but am willing to wait and find out. That's just my perspective.
It's possible that some people think it'll be good news coming in May and buy your shares without a question. You should give it a shot!
Well, either wait for 3's or take a loss? I understand your dilemma, but if you don't believe this is going to go anywhere, then maybe taking a loss now would be best? Whatever you decide, I wish you luck!
Maybe.. Maybe not. Maybe they had planned to give out pre-audited financials and (very) recently decided it'd be better to hold off until May. Perhaps you should sell your shares and move on to other investments that are of interest to you..
Now you complain when they give news you don't like? Sell your shares - invest somewhere else.
I agree with you 100%. For me, it comes down to the fact that I have only risked as much money as I can afford to lose. Given the DD we have seen on this board, I truly believe that HCPC is heading in a positive direction. In the meantime, I'll still have my regular salary to go about my daily business, pay bills and have fun :).
Even though the pages are outdated, it's still interesting that First Independent Financial Group even has a web site at the heritagecapitalcredit.com domain. Why would they even consider using that domain name? Why not just stick with firstindependentfinancialgroup.com?
Perhaps it's a secondary domain that the HCPC family uses for testing, but most testing sites are not on a public domain.
Don't lose hope, goose :). It's frustrating, but maybe things will change for the better. I know many people want a PR now, but I'm willing to wait and see what the next PR brings - even if it takes another month.
Good find.. Hopefully they remember to renew today? Or maybe use their new web site tomorrow?!? (PURE speculation, and probably insignificant if they do change).
Looks lke Tucows, Inc. is the registar for HCPC's domain name. Looks like they'll be up for renewal next year. My company just had to renew with our domain registar a couple of days ago :).
Good find, Don, but I don't think it proves too much. Though, I do remember someone saying that they got a bounceback message from HCPC a couple weeks back. But the error message said something about "fatcow.com". This definitely explains why the bounceback message mentioned fatcow.com instead of heritagecapitalcredit.com. I suspect that DNS wasn't working properly that day.
I think it's noteworthy. Especially since they are using the "heritagecapitalcredit.com" domain.
The reason being because they have the same page(s) at this link which uses a different domain name:
http://www.firstindependentfinancialgroup.com/id6.html
This site was also modified on October 1, 2007. Why are they using two domains? One of which is pretty much the same as HCPC's home domain?
Could be meaningless, but who knows...
According to the "Page Info" provided by my Firefox browser, these links have not changed since October 1, 2007.
However, uncovering their use of "heritagecapitalcredit.com" is interesting. HCPC planning to use this site in the future? Or is this a project they scrapped in the past and forgot to remove from the public domain?
Gotcha! Well, there was definitely a modification made at 9:08am PST, so there's a good probability that it's the modification you mention. Such a subtle change - I wouldn't have noticed :).
ICCC's web site has not been updated since March 17.
Hi uzualsuzpect,
It appears that HCPC did do something to their web site around 9:08am (PST).
Whether they changed anything or not is another story. It's possible that they just reloaded the entire web site (in it's most recent format). Since html sites are static - it definitely makes it easier to know if modifications have been made by day and time, but not necessarily by the modification itself.
Hey Fotog,
I think you're right. In my opinion (and that's all I can claim), what happens with this stock is speculation because we don't know. Based on DD presented on this board, I think there is good reason to believe that this stock is heading in a positive direction. However, like you, I am weary of those who "know" this stock is going to take off. You're right, when someone says they feel like something is "going to happen soon" - it's a speculative statement. But I think there is some good DD out there, and I appreciate the time people have taken to do the research.
As for Andy Rooney - he rarely makes sense. My girlfriend and I TiVo 60 minutes and 50% of the time skip past the main stories just to see what crazy topic Andy Rooney has for the week.
1. I'm not sure whether to take your comment as a compliment, or if you just don't have a good response. I doubt I'm "smarter" than anyone else here.
2. If I feel like ignoring you, I will. If not, you'll deal with it - just as I'll deal with you.
3. Never said anything about seeing through you, but apparently you think I think you're transparent. I just want a civil discussion. Smarmy responses are boring.
4. No plans to go to a party.
I agree to disagree with you. Fair enough?
Hey 3C,
You sell all of your shares? If so, will you still spend time on the HCPC board? Just wondering why you would waste time posting on the board of a stock for which you have no investment.
If you didn't sell all of your shares, then disregard my questions/comments. I call'em like I see'em, too. It's a good philosophy, but sometimes I'm wrong.
Personally, I see pumping and bashing on this board. It's easy to spot those people. Anyone who bases their investment decisions, on the statements of bashers and pumpers, is not being smart. I also see people who provide quality DD - some that is speculative, but reasonable and some that is pure fact.
We all have opinions and are entitled to post'em, but doesn't the lashing out (from both sides) get old? Just calling it as I see it. I make no claim that my views are correct, though :).
Exactly, I like the possible "ramifications" of this stock taking off. If it doesn't, I haven't lost more than I can afford. I am thankful for that. I'm definitely a novice when it comes to trading, but I don't feel like the length of time since the company's last communication with the investors has been that long. Seriously, in twelve years, are we going to remember how long it took HCPC to PR news of GSR? Even if it takes another month before we hear anything, is the two month gap in PR truly a long time? I know some would argue that it is for a pink sheet stock, but I guess I have more patience than them.
I'm not anti-Microsoft. I'm an IT person - I tend to be excited about all sorts of technology. When I spend my days fixing MS products at work, I just prefer the stability of Apple OS X when I come home at night. And occasionally "arguing" with my friends who work at Microsoft about "topics" :). But this probably isn't the place to discuss that :).
Hi Crooner,
I agree with you 100%. Anything that has been confirmed is pointless to argue about. Whether the confirmed DD raises the PPS is another story. Let's hope so! :).
Hey fotog,
I am a proponent of critical analysis, and appreciate both sides of the story. For that reason, I am grateful that there are people like Cash who proposed seemingly well thought-out and executed DD. I also appreciate people who always question - maybe it's my appreciation of the scientific method that makes me want proof.
With that said, I do agree with you that a lot of what is discussed on this board is speculation, but I also believe that there is good DD/evidence being posted too. Sure, it's not 100% proof of anything, but from a scientific approach, it gets closer to disproving the opposite each and every day. Perhaps there won't be enough evidence (or confirmation of proof) by the company to sustain the credibility of the DD we find, but that's why we sit here and wait.
Please don't take this the wrong way, because I truly appreciate your contribution to the boards, but sometimes I feel like you are doing your best Andy Rooney imitation and complain for the sake of complaining. You catch his latest rant last Sunday on fruits and vegetables? It was actually pretty funny. To be fair, I also feel that some people on this board make the DD out to be more powerful than it really is. It's good DD, but nothing is solid until it is proved. I believe that most of those who post credible DD on this board realize that they are speculating to a certain point.
Anyhow, I apologize if this post offends you, but just wanted to state my opinion. I'll duck now! :)
Thanks, Cash. You know what - I saw another message you posted that mentioned the 2008 was probably a typo. My brain is slow today.
Sorry, I am in short-timer mode at my job. My last day is Friday and then a week off before the new job! Thus, my attention to detail has deteriorated quickly :). Thanks for the feedback.
Hey Cash,
For the sake of argument, let's say this is connected to GSR and the $672mm loan.
If the term ends on April 20 (just speculating based on the post), do you think HCPC may be waiting to PR and/or release financials until after April 20?
I understand this is purely speculation, and that your post and the loan may not be connected at all. Just curious to know what you think.
Hey mimurray,
I think that Firefox may be more trustworthy than IE in that respect. Seriously.. I'm not just saying that because of my bias against Micro$oft :).
It seems that IE doesn't have a "View Page Info" selection in the menu, whereas Firefox does.
Take this as you will, but in my opinion, I would trust Firefox's "Page Info" information as the probable date of last update to HCPC's web site. Furthermore, I suspect the "Page Info" selection is just that - for the page you are looking at. So if you want to know if the "Contact Us" section has been updated, you probably want to to go that page to see what the "View Page Info" says. Likewise, if you want to see if the Home Page has updated, you'll need to go to that page.
I'm not an expert on web technologies, so I can't say this with 100% certainty, but I don't believe there is a way to view one part of an html-based web site to find out if any other part of the site has been updated recently.
Hi Libra,
Seems to depend on the browser. Internet Explorer 7 for Windows seems to just show you today's date when you right-click and select properties.
When I did this for heritagecapitalcreditcorp.com, it showed today's date as date modified.
However, when I right-click within Firefox for Mac (yes, it's possible to right-click on a Mac), it showed March 28 as the last time the page was updated. I'd have to look more into the intricacies of the browsers, but I wouldn't trust what IE 7 tells you as the "date modified" - especially if it shows today's date. Of course, if you notice changes on a daily basis, then today's date is fine, but since my Mac is showing March 28 as the last date changed (and frankly, I think that is about right given the fact that I look at HCPC's site every day and it doesn't look any different), I wouldn't rely upon right-clicking and viewing properties as a definitive way to know if the web site has been updated.
Honestly, I think we'll know when they update their web site with anything significant. They'll make it apparent, I'm sure :).
Hey Libra,
All of our sister-company web sites respond back with the same dns record, so yes, I am 99.9% sure they host all of our web sites. Keep in mind, all this company probably does is maintain the hardware and charge HCPC a monthly fee for the services. They provide these same services for thousands of other companies across the world. HCPC is "just another customer" to them.
Whoever designs HCPC's web site is more than likely not affiliated with The Endurance Group. For example, my company uses web hosting services in a colocation in Santa Rosa, CA, but we have an unaffiliated third-party maintain our web site.
Not sure that this is real "DD" since it doesn't offer much insight into HCPC, but at least we know who to call and complain to if the web site is down or e-mail appears to not be working :). Just kidding - I think it'd be best to let HCPC make the call if their web site/e-mail is down.
Hey Reed,
I e-mailed the info@heritagecapitalcreditcorp about 20 minutes ago and have not received an error message back. The TTL may take a bit before it gets back to me, but I suspect that all is actually fine now.
Also, I did a ping of HCPC's web site and found out that they use a service called yourhostingaccount.com (don't bother trying to look at this via a web site, it's actually behind a firewall that won't allow http requests through. I found it via command line. I proceeded to do a trace route and figured out that yourhostingaccount.com is a domain used by The Endourance Group (I think, but am only 95% sure).
http://www.enduranceinternational.com/acquisitions/index.bml
Not that is really matters to HCPC's value, but my guess is that the Endourance Group's servers may have been acting up when you were trying to e-mail HCPC. Also, in NO WAY am I saying that the endourance group is involved with HCPC - I just happen to think they are the vendor that HCPC pays a monthly fee to for hard drive space on their web server. Someone completely different most likely maintains the web site for them.
I'd try e-mailing HCPC again if I were you. My guess is that it will work now unless your domain is blacklisted.
Hey Reed,
What did the error message say? The e-mail server at my work occasionally runs into issues when we reboot it. Some of the services don't restart automatically. If you can tell me what the error says, I MIGHT be able to offer some insight as to the probably cause of the error. Could be something simple they overlooked, or it could be that the e-mail account was deleted.
Thanks,
SeattleITGuy
I guess if that happens, I'll kiss my investment goodbye.. That's why I only risked as much as I could afford to lose.
Hey breharb - I have a "free" account so can't private message. If you feel comfortable with it, PM me your e-mail and I'd be happy to continue a discussion.
For now, all I can say is that housing in Portland is cheaper than Seattle, but Seattle has barely felt any fallout from the "housing crisis." Average price of a home in King County is approximately $530,000. Between Amazon.com, Micro$oft, Starbucks, Costco, T-Mobile USA and Paccar being headquartered in this area (as well as Boeing having a huge presence), I think this area could be better for finding IT employment than Portland. But Portland is a pretty city!
Sorry everyone for going off topic. I won't do it again..
Hey breharb,
Thanks for the perspective. That makes sense. Actually I was invested in another penny that did a 1000:1 R/S. It held at a $1.74 for about a day, and within two weeks was at $.004.
If HCPC were to uplist to the OTCQX, but drop below the .25 thresh-hold, is it possible for them to be "kicked" out of that market? If so, it seems, like you said, they want to make sure that the PPS is solid. Having confidence from the investors would hold the PPS much better than a R/S.
I am thinking out loud now, but thanks for your response. I hope to break out of my "novice trader" status within the next year or so :).
Chief,
Funny you mention that, because that is what keeps things interesting for me in regards to this stock :). What I'll be curious to know is if a R/S will be necessary to eventually get to that point for uplisting. I realize that the CEO's most recent letter to the shareholders indicates that performing a R/S at "this time" would not be in best interests of the shareholders. Seems to leave the option open in the future, though.
It'd be great to see this stock reach .01 without a R/S. I suppose if it takes a "small R/S" shortly thereafter to reach that .25 thresh-hold (for OTCQX), then so be it.
Does anyone think this stock can reach .25 (to qualify for uplisting in 2008 as the CEO would like) without a R/S at some point?
Hey Chief,
I hope you're right. I could be mistaken, but I feel like I have seen some of the people I would consider to be "Heavy Hitters" indicate that they would sell around .0007. Whether that means completely dumping their shares is another story...
For now, I'll just continue to watch this all unfold :). Patience is a virtue.
Here's a question - perhaps some of you with more experience than myself could answer.
What will drive the PPS up enough to get rid of the "flippers"? Will a good PR do it? Positive financials?
Personally, I have set aside x-amount of dollars to invest in HCPC. For the time being I have no intent (nor any funds - trying to save to purchase a home in Seattle is expensive :) ) to purchase anymore. If the company flops, then I lose my investment completely (which I can afford). If it takes off, great.
Here's another question - I've seen some people say that they want to PPS to go up and that they'd sell around .0007. Granted, I suspect you have many more shares than I do, but why stop at that price? Why not let it go higher? Do you want to sell at .0007 because you feel like it won't break that point? Please indulge me - I'm trying to figure out what strategies work :)
Thanks
Isn't it possible that releasing the financials could also cause the PPS to spike (assuming the financials are positive)? Or is a PR more likely to cause the PPS to change significantly?
If the former is true, it seems to me that the company could be buying back as much as possible before releasing the financials (would that explain why the PPS hasn't really changed from .0002 in the last week and a half if they are going to release financials around April 15? Maybe they're trying to buyback as much as possible beforehand?). If financials, generally, do not cause a change in PPS, then disregard my questions :).
Again, I know very little about the stock market (let alone, the pink sheets), but even a novice like me finds the trading pattern over the last week and a half to be "weird." Maybe this is just normal for a pink sheet stock?