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Because that's what stocks do. People sell and run, buy more, consolidate, etc.. Has nothing to do with that video
There's FA at the bottom.
Pure Financial Analysis on Retired Shares
Press Release
Source: Health Sciences Group, Inc.
INDIAN HARBOUR BEACH, Fla., Nov. 18, 2009 (GLOBE NEWSWIRE) -- http://finance.yahoo.com/news/Health-Sciences-to-Retire-15-pz-1909310582.html?x=0&.v=1 Health Sciences Group, Inc. (Pink Sheets:HESG - News) would like to announce that as of 11-14-2009 the company has acquired approximately 1.5 billion shares and has issued instruction to the company's transfer agent to retire them. The company is prepared to continue retirement of additional shares as conditions permit. It is expected that in the next few days our transfer agent will receive the certificate(s) and complete the retirement.
The number of outstanding shares (OS) 2.2 billion. As you see, above that OS number is the company market capitalization (MC), which is $2,640,000 as November 17, 2009. The way that number was deriver is by multiplying the share closing price (SCP) of November 17, which was $0.0012, by the OS. This is the same equation that one would use to calculate the daily MC of a company. MC= OS × SCP. If you use this same equation to figure out the MC for November 18, 2009 (the date of the PR), your figure should be $4,840,000 MC. If you remember from the above PR. 1.5 billion shares will be retired, the company will have only 700 million OS as a result. That act will add value to the company share automatically, but the question is how much. Going back to the equation MC= OS × SCP. We know that MC of November 18, 2009 is $4,840,000. We also know that the OS number has been reduced to 700 million. We have two known variables. By plugging is the numbers in the equation $4,840,000= 700,000,000 × SCP. We notice that the share price should be trading around $0.0069, which is 200% increase from the current level.
I hope I was thorough with my calculations and explanation of the process. This is my own DD and does not imply any investment advice, since I am not certified.
Good Luck,
Calhawk.
SOURCE: http://www.hotstockmarket.com/forums/showthread.php?t=71945&page=94
He'd post it himself but he's out of posts for the day.
No they haven't. Its not finalized yet, hence the PR. Plain english, folks.
That's just what stocks do :) Keep in mind the shares haven't been retired yet.
Someone should sticky that post.
Great post. Need more people posting this instead of mindless pumps.
Hasn't spooked me. I did my DD and FA on it and I like the company. I've been in since August, sold $500 worth to invest in HESG and am up 12k as it is.. using the funds from this to go back into QASP.
Its in the red? LOL.. after that PR? Damn.. that's messed up.
Didn't have the funds :) Just got out of the military and started a new job and a new life.
Never bashed this company. I'm in 4.3M. Why would I?
What BS! There's no indications of that. Plus, pennies, let alone sub pennies, that issue PR's out on a daily basis of great claims usually means scams. I hope this is not the case with HESG. Slow down a little on the claims. Let this rise and become stable.
I'd love to see this fall back down to 0.013 so I can get more shares in the weeks to come before the christmas boom.
GLTA
Too bad it didn't close at HOD. :)
Ask .0165
Someone called the TA yesterday from this board and the TA told them to call the company to request that information.
Just going by what was said in here.
Its possible and has been done.
The TA has a gag order. They can't release info about that.
I've been in this stock since August, and although I'm excited to see it taking off, I'm hoping it doesn't happen too soon... decided to juggle other stocks (HESG, BUNM) to raise more money to invest in this prior to Dec 15th.. at least 3M shares.
I guess its true about what they say "watch what you wish for". Hoping it slows down.
A merger isn't a partnership, but it is a step in the right direction for microcap companies to do this prior to merging.
Be glad RetireEarly isn't on. He's the biggest m0r0n on this site.. oops I mean pumper.
I think what Mario is trying to say that's being taken out of context is don't get your heart set on this, and don't be too greedy. Its inevitable a dump will come, so in the mean time enjoy the green but brace yourself.
I'm all for this stock, and I'm heavily invested in it (still), but at some point you've got to have a realistic point of view.
CBIS and some of MJNA have been trying to bash this stock and promote their own holdings in competing firms.
Sounds like a link to medical marijuana to me. :) Didn't someone say something about them not having this link?
Its raining
4.3M holding strong :)
I think you're nuts and doing wishful thinking. Growth like this means flippers.
Options 360 and Command Center are good tools which will work on Mac (or UNIX, my preference). They have a lot of other stuff u can use on their site for screening/scanning.
Sure does, up to 0.000X.
Ameritrade has some great tools that are JAVA based, which would work on Mac OS X.. however, I'm not sure if they allow accounts from the EU outside of the UK.
This company is not diluting. Its oversold if anything.
And over 1000 places in LA alone, not counting for the rest of the state, the other 2 states mentioned, or the 14 total in the US (correct me if I'm wrong), its a good revenue stream.
LOL, well protecting the LAW is his JOB sworn under OATH. Tough shit. If he goes against it, not only is it illegal but he'll be disbarred.
I agree. that was a bigger surprise then the PR today. TRADR switching sides :)
Those figures don't matter this early into tomorrow. What does matter is who those players are holding those orders.
NITE is one to look out for.
They've gotta be. Nobody would go for orders that small when comission fees are what they are.
See what I mean?
Give up what exactly?
I am not encouraging selling. Why do you think the price is in flux? People buy, sell, flip, enter market again. If you read what I said, I am being realistic.. there will be some sell offs and the stock will recover and continue to go up the path its been going.. in the GREEN
I really dont' know why I keep responding to you... only tards use all caps.