Not everything that counts can be counted, and not everything that can be counted counts. A.E.
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Talking about the company from the company's own words is about is honest as I think can be, lol. I'm talking about numbers and figures from the filings and also what I have learned down here in the pinks/OTC after years of trading. It is what it is, the sooner one accepts it the sooner one can make money from it. If you think the company is lying in their filings, then let me know, but as far as I know I am quoting the right numbers about the changes in SS and the most recent revenues and losses. I do not change my posting if I have shares either, it is what it is. I have never pumped this company and I have had several 10's of millions of shares here in the last several weeks. Figure that one out. lol
I wouldnt be doing this if it was 50/week, lots of money to be made if one buys in at the right PPS levels and trades quickly with lots of shares before interest dies out at that level. Sooner than later most turn to trading down here, for good reason.
My point is that it's very risky to hold these kinds of stocks long term while they dilute and dilute. The highs and lows get lower and lower. Very hard to make money holding long let alone even recoup original investments. GLTU though.
Check the filings, over 2 billion shares diluted this year and the O/S keeps growing. Usually when that sort of thing happens and the company shows losses instead of profits, the PPS keeps going lower and lower...hence the PPS now having a hard time staying over .0004 now.
Not scared about it cuz im not planning to hold for long term here. The chances of another A/S increase are pretty large though imo for the longs. Flippers are loving this stock, just gotta sell quickly though because you have to compete against the company selling shares and many other people unloaded lower and lower. Last run only went to .0006 right?
LOL, never pumped this stock. It's been a good flipping stock for me though and I posted as such. Company on the other hand has nothing to pump about, read the filings. Over 25Ok operating loss just last quarter, diluted over 2 billion shares this year already etc. Again, nothing to pump, lol.
For a small company like this, its huge. But for an established company that actually pulls in a good amount of revenues to begin with, maybe not. But, taking a look at the latest quarterly report, this company only brought in $52,785 sales last quarter. So they are in the red last quarter alone about 5 quarters worth of sales...yeah, that's pretty big imo.
That's the only way there will be more volume here IMO. Just this year alone there has been over a 2 BILLION share increase in the O/S! Thanks to the company there is a lot more volume to play with... All one has to do is read the filings, it's a fact bud. Thanks for playing though!
C'mon, over a quarter mil in the red just last quarter. That is heavy losses in my book. But I guess I call it like I see it. Money to be made here still, if one chooses to flip quickly enough. GLTU
The quarterly report speaks for itself, the company is operating at heavy losses & is diluting heavily this year... All I am doing is quoting from it.
Sorry if that bothers you, LOL.
LOL! Yeah, sure... Anyone that has been around the pennystock block long enough knows the real thing to be worried about in these types of stocks are dilution and more A/S increases while the company shows nothing but more losses... sounds familar?
I don't invest in many just the good ones....:)
They wait til it's max'd. Seen it many many times. Why raise A/S before it's max'd?? lol
Yeah, that's actually very soon...for a company going over 250k in the RED in a single quarter that has a SS over 4 billion while diluting more and more... You can count on an A/S increase next year if they don't pull some profits soon. It's the reality of how penny stocks works, HFBG is no different. 1,302,641,175 as of end of last year, now over 2 billion more now and counting. HFBG business model:Share selling and kool aid pumping.. Until you see otherwise, let me know.
Flip it, don't invest in it. Investing = stuckholders.
Funny, I get my facts from the quarterly report. Where are you getting your so called "facts" from?? LOL
FLD on a 4 billion SS?? yeah right!! lol
Sure, let's judge the current quarter when the filing comes out in a few months. But to talk about this stock as if it's gauranteed it will be in pennyland soon is truly ridiculous based on the information we have at this point. There is no info at all that they are even self sustaining currently.
FACT: HFBG posted a gross profit LOSS of $122,280 and a net income LOSS of $286,655 for the quarter ending September 30, 2010.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39625
Not sure where you are so confident they will be turning profit this quarter or anytime soon for that matter...looks like their primary source of income is still shareholders. Another billion shares to dilute and then the inevitable A/S increase, jmho.
This stock is for flipping only, just keeping it real here...
So you think there will be more dilution too? Yeah, I agree. Another billion shares left for the company to dilute, per the last quarterly report. More volume is definitely coming IMO, but from the company. It's already been proven fact they have been diluting.
This volume is peanuts compared to what is coming...
ASK back upto 4 MMs even after volume going at it, looks like that wall is for real I guess...
Lol, traders are the only ones makin $$ here. I've already done so 4 times now and counting, it's called flipping - you should try it.
And that "fake" wall at .0004 somehow keeps the PPS from going higher too...weird. Lol
Yeah, and I wonder if they manipulated the trading today to make it "look like" 67 mil shares sold and only 3 mil bought too. Yep, it's all a conspiracy... LOL!
Yeah, I hear the "manipulation" stories on most stock boards...usually its from longs being frustrated from stuckholding way too long and are looking for anything else to blame but themselves and the company for their ills. That type of conspiracy talk happens pretty much everywhere down here in the OTC/Pinks. NSS, shorties, MM games etc. Heard it all before, no thanks though. These types of stocks aren't for investment, only trading. Most realize this after a while though...that's why I sell for profit where it is reasonable (over and over again) and will gladly let others wait many months or years for pie in the sky kool aid PPS dreams. Good luck with that though, lol
Ihub seems to disagree with you, lol.
"The Buy, Sell and ? columns - Where the 'Price' is closest to the 'Offer' price, the trade is considered a 'Buy'. Where it is closest to the 'Bid' price, the trade is considered to be a 'Sell'. Where it is dead centre between 'Bid' and 'Offer', it appears in the '?' column; this indicates that the trade cannot be identified as either a 'Buy' or a 'Sell'. "
http://learn.advfn.com/index.php?title=Trades
Rounds up or down depending on what it is closest to. If the order is directly in the middle of the BID/ASK, then it goes in the "?Vol." column.
Ihub tracks those 5th digit (or any other order between the BID/ASK) in the "? Vol." column.
http://ih.advfn.com/p.php?pid=trades&symbol=hfbg
Usually they make up a very small % of total volume, doesn't look like there were any here in HFBG today.
But I do now see 67 mil sells vs 3 mil buys.
Simple, because .0004 was @ the BID when you bought those shares.
2.7M shares at the bid of 0.0004
The point is people are BUYING
I think you mean SELLS. If volume goes through the BID, it's a SELL. Btw, only 1 MM left on the BID. Looks like we could see .0003s here soon.
L2: 7 @ .0003 X 4 @ .0004 - 3s just printed
Down to 3 MMs on the BID, L2: 3 @ .0004 X 7 @ .0005
Very nice recovery
4 MMs left on the BID now
Just noticed all the volume in this stock, can anyone give me a quick synopsis on why all the selling the last few days?
Glad to see you in this one as well. Love the small float, low O/S and the T/A is ungagged. Tons of attention here, this will be a huge runner in the near future imo.
Back up in the GREEN!!
I think .11 is the large support today - now is a good time to get in/add more on the cheap IMO.
MACD on the 5 min chart is looking like it has already bottomed and is ready to go back up.
Selling has slowed and we are only -3%, might see a rounding up on the MACD pretty soon, first on the 5 min chart.
gap is closed now, feel free to buy
GAP CLOSED!!
small gap at .124-.125, will bounce and run higher after it closes IMO.