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How so?
Wow, you are frantically scraping the bottom of the barrel. Some of the articles you quoted are from 2006, the rest from 2011 and the stock was as high as $2.50. Ray stream is under new ownership as of this summer. They say they are more than a shell, but even if they are not it is still a bargain price. The technology is different from 2011, but even according to one of the articles you quoted says the stock is worth 19 cents. I will take 19 cents all day long.
Boy, throw enough BS against the wall and something might stick. O/S did not triple,, they have a product. I have used it, it is sold through West Marine, Sears, at Marina stores, aircraft supply, and other outlets. For a sub-penny stock, you'd be hard pressed to find a better one. Low float and a great product.
I don't know. The float is suppose to be around 90 mil., so even with the 50+ mil. in volume. I think the 90 mil. is still accurate. I don't see why they would go to the trouble of cutting the O/S in half, only to dilute 30 days later.
2/19/13 HVYW hit .07. It had been consistently in the .02 to .04 range for quite awhile. Then on 07/18/13 volume was 96 million and it popped from .0014 to .0042 that day. I don't see why it couldn't exceed the .07 it hit in February, taking into consideration the share restructure and I am assuming some decent earnings (hopefully reported this week).
They are also in West Marine, which is huge, check this link; http://www.westmarine.com/webapp/wcs/stores/servlet/SiteSearch?storeId=11151&langId=-1&catalogId=10001&pageSize=10&beginIndex=0&sType=SimpleSearch&searchTermScope=3&Ns=Most+Popular%7C0&keyword=gary%27s+royal+satin+cleaner
Good Post! My thoughts exactly!
There is a reason these guys cut there O/S in half, which I think will become clear with the next PR. I do not see signs of any major dilution, the volume has been to low and the price swings to great. Take a look at some the really diluted sub-pennies and it takes 100 million in volume to move them a couple of tenths, this thing will jump 4 or 5 tenths on a few hundred thousand shares. I spend a lot of time searching for decent sub-penny stocks and I can't find any that have an acutal product and a share structure, that looks as good as this one. IMO.
Did you guys see how Stock Mister's pick ran this morning (ANSU) went from .001 to .19 in 24 hours! NO REASON HVWY can't do the same. HVYW is actually an operating company with a great share structure. This will move and it will move quickly when it does, maybe not .19, but .10 is certainly realistic, IMO.
Alertme, thanks for the post.
So true, but I like the odds.
Same here. I think we will see a pop up to near a penny if not more, next PR.
I agree. I wrote a similar post yesterday. I think management is getting their ducks in a row for a merger. Probably going to merge with a non-public company, which could be a real boost to both entities. IMO.
Not even a million shares traded over 3 hours into the day. People are holding tight:) News and we fly!
Looks like someone put a 110,000 sale in ($231.00) at market and they dumped it to 21. Amazing
Great post!
45 minutes into the day and NO volume. Kind of strange, wonder if they are holding off for a reason?
The products have been sold at Marinas and I thought West Marine back in the 90's. I remember the products from when I used to sail. I also had a boat brokerage and I think we used their waxes to polish the boats.
Forsril, I am holding tight. Funny the .07 number, is the same one I came up with, taking into consideration, likely sales, profit margins, distribution and share structure:)
I think the company is going to have to do a RS, before the stock goes anywhere. Sad to say.
IMO it looks like management may be setting up for a takeover or merger. Thoughts?
Big swing on low volume, not much of a float, IMO. Looks good for a pop into the pennies!
Wow, quick turn around. I wasn't expecting to see that until tomorrow!
Someone just sell with a market order??
To much dilution, I give up!
Exactly right:))
Ready to pop!
According to Etrade, no action for over 30 minutes, volume, bid, ask all remain the same?
Not seeing any fills. MMs out of shares?
I don't think I am suppose to post another stock on this board, but it is not a stock I would now recommend nor do I follow, but it was CHLO just an FYI.
This is the best looking sub-penny I have seen since January. There was one in January I missed, it went from .005 to .14 in a day. I have used the Westbury products and know they are great (I have owned a boat and a plane). Anyway, just say'n, worth hanging in here for awhile:)
So true!
That's all you can find? A Foreclosed property? Millions of good people had foreclosed properties in the last 5 years. It means nothing!
profit taking before the weekend, taking price down. HVWY has such a low float that very little buying/selling moves it. I think next news it pops back into pennies. I would be careful about selling at these levels, might be leaving a lot on the table.
Anyone notice the September 1.50 Calls for .05. Pretty cheap way to play!
Finally got filled at .0029 for mill, took a long, long time. Tried lower absolutely no nibbles. Sold another sub-penny and put it on Westbury. Love the share structure and used to use the products when I had a sail boat in the 90's. Huge upside potential here, can't find another sub penny anywhere near as good!
That is why I'm here.
Thanks for posting that. I read the whole thing for the first time and am quite encouraged.
Back to 3's nice scare tactic my the MM's to shake shares. Tomorrow should be good. IMO.
I agree, but why do they think it is going below a dollar? They appear to be quite concerned?