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iv been in the game for awhile
its ok to say "thats weird this high volume on no news" but its not ok to say "thats weird, a nose dive with no news" ?
just sayin....
just kinda weird....it took a nose dive from .0068 down to .005. Wonder if news will hit after the market closes?
wow that took a sour turn huh? who killed it at .005?
is that volume all buys?.....as borat would say "wawaweewa"
OT - yeah.....shes got a few private jets too.....i just take the helicopter to be modest LOL
You didnt know? people with tons of money spend their time on here trading mostly penny stocks LOL.
most multimillionaires trade bluechips...they dont waste their time in pinky land.
gotta go now, my helicopter is here to pick me up =p
he owns somewhere in the neighborhood of 80 million shares......
dig through his posts, he stated it a few weeks ago.
I think this was a flipper IMO. A few people got this thing going and the word spread.....it got up to where they liked it and they started dumping as people were buying thinking it was going higher (the ones that got a late jump on it) again, purely IMO.....im kind of thinking out loud haha, its one of those days....
talk about a blood bath......thats just insane. i watched it hit .02 then just took a nose dive.....no news and it went down that fast, that is scary! i guess this is why pinkies are so unpredictable.
congrats to those that took profits!
awwww sweet pea, if you didnt care...you wouldnt reply! =p
no news, no signs of a buyback, and the same ol' crap that has been going on for months.....yet everyone is still believing the hype. Ever read the story of the boy that cried wolf? apply that to here.
rule #1 of penny stocks.......trade them, dont invest in them
rule #2 of penny stocks.......dont trade with your heart, trade with your head.
LMAO......highly unlikely with no proof of a buy back and no news yet.....time is ticking......lets hope they dont drop the ball, Just sayin.
pennies will happen when i win the lotto.....twice =p
More News today.....
http://biz.yahoo.com/prnews/080430/law108a.html?.v=3
Toeing the line on the inside track.
EXECUTIVE SUMMARY
* STOCK REPURCHASE PROGRAMS CAN POSE PROBLEMS for financial executives because they may raise concerns at the SEC about insider information and stock manipulation.
* IF THE COMPANY HAS MATERIAL INFORMATION that has not been made public it should not buy back stock.
* BOARD AUTHORIZATION FOR PURCHASE OF that company's stock for the corporate treasury should specify:
* The maximum amount of money to be spent, or the maximum number of shares to be acquired.
* The rationale for the program.
* The time period covered.
* GETTING A WRITTEN AGREEMENT from the broker that the program will follow SEC Rule 10b-18 is a good idea. It should specify that:
* The company and affiliated purchasers may work with only one broker or dealer on any single day.
* The company may not buy on the opening trade on the NASDAQ National Market or during the last half hour of scheduled trading.
* The company's purchase or bid price may not exceed the highest current independent bid quote or last independent sale price, whichever is higher.
* The company must stay within trading volume restrictions unless it is doing a block trade
Not many people are putting together that if there is a 7 billion float, and there are 10 days of 100 million shares BOUGHT, thats 1 billion....1 billion of all buys WILL move this, but it hasnt......yet no one thinks twice about that...(this isnt directed at you) but there has been more than 10 days of over 100 million buys which is even worse in the way of why its not moving. a buy back would move the price even if all these crazies say that with the buy back the price cant move....it can move, they just cant buy below or above the current tick (if its at .0002, they cant buy at 3 or 1) anyways......it should have moved......
Someone needs to make up their mind, first 999,999 share blocks would mean dilution (straight from the horses mouth) and 500,000 means buy back(again straight from the horses mouth). If you were here when they did the 911 share block and the 411 share block you would realize that anyone can throw share blocks out there to gain credibility. 999,999 is the max that the company he trades through will allow him.....
glad i could help out =)
with your question to elis, it loosely follows it, but it should follow it a bit closer imo, if you look to the left on the chart, you can see the CMF at a level as it is now with the accum/dist being much lower than it is now, i also noticed that when the accum/dist dropped, the cmf didnt really change(it did a tiny bit, but it didnt coincide with the levels of the accum/dist) when it really should have.
Thats why this is so fishy to me, the same pattern has been going on for well over a month, same volume same chart movements etc. and the price is still sitting where it is. I personally dont like it 1 bit.....the way i operate, its a huge red flag for me.
well with the weekly CMF being at the line and the accum/dist is up, it makes me wonder what is going on. USUALLY (i emphasize usually) the CMF will move above or below the line in conjunction with the Accum/Dist, but right now the accum/dist is going up, while the CMF on the weekly is staying steady. I wish i had an explanation as to why this could be, but im kind of clueless right now. my personal take is that there are shares being "bought" but the CMF isnt being displayed like there is much buying pressure....
the last couple months the CMF has been above or below the line, thats why i find it weird that it is traveling right at the line for a continuous amount of time (around 1 month). While the RSI is saying that its neither over bought or over sold.
I just thought i would fill you in on the "imo" thing because it gets used a lot on here.
signs of dilution is when the CMF and the Accum/Dist are both negative (usually) Many will argue that both of those are positive right now on the daily chart, but on the weekly chart, the CMF is at the line when before on the weekly chart, it was either much higher or lower than the line. Ways of hiding it, forgive me but i dont know the EXACT details of this...and i had a long long night....so my brain is a bit foggy haha. I believe MM's have a certain amount of days to post sells or buys from them, if they were to disperse the sells over many days, the shares being dumped could be scooped up by people caught in the hype, which is the master plan when they dump, they need buyers. If they say....posted 20 million sells a day (this is for example) over a period of 2 weeks, thats 200 million shares dumped.
time to cover myself before i get shanked by some prisoner here, this is all in my opinion, i am not saying that IS what is going on here....its my personal opinion.
he/she said this
"So then you get into a scenario whereby you have to insist that the company is going to raise the Authorized without us knowing about it, also possible, but also something you have NO PROOF OF" i took that as saying they dont raise the A/S without telling us, which they started doing in december. raised it without telling anyone, then everyone had to wait for an answer why....then they said it was to pay for "fees".
he/she said that there was no proof that the A/S was raised, so i provided he/she links to where they state that the O/S and A/S were raised. =)
dilution is robbing people blind, they have done it a LOT before......is it happening now? no one can tell for sure, there are a billion ways to hide dilution. (i know i'll get attacked for this, probably not from you, but from others for sure)
you didnt strike a nerve, i find this amusing to be honest.
imo = in my opinion, not sure if you knew this or not.....just thought i would throw that your way, i cant say "help" because you didnt ask for it =p
crooner, you know i always love to read what you have to say, because you do it respectfully...its a nice change of pace from being attacked constantly =D.
but i think any company that does things bad enough to bring the attention of the FBI is nothing but trouble. its similar to a person having several DUI's and trusting him to go out to the bar and drive home.....he might get caught again.....he might not.....hes taking that chance. thats how i look at this situation.
good luck to you and your future investments crooner.
in reality, the FBI investigation isnt a long shot imo. it happened in june or july of last year (cant remember exactly). If a company is shady and operates shady, chances are they will be looked at. We can all see that Ed doesnt care and just wants his greenbacks in his pocket due to him being caught once already. This is a legitimate concern, because if carol is running the show and everyone says its golden because ed isnt in the picture, why else would they have been investigated last year? If ed was busted once, then the company his wife "runs" was investigated.....to me that says something is up....and its not good.
as for them working at the same address, its a little ODD that they are loaning to their "sister" companies which are located in the same building......no one finds that weird?......if no one finds that weird, they need to go back to business 101 because chances are they probably failed that class.
i didnt ASK for your opinion....nor do people ask for mine....people still respond to me with their thoughts just as you did.....i think you are trying a lil too hard to try to make me look bad and its not working =p
its not my fault that a company is robbing people blind.....they dont have to be blind, but most of the hyping here makes people that way....its entertaining.
The only problem with the claimed buy back (yes i will be attacked for this) is that they have been claiming this for going on 3 months now. with most days the trading being over 100 million shares in volume x roughly 66 (3 months minus weekends) is 6.6 billion shares bought back (roughly). if they have been doing the buyback since the "myth" started, with the amount this trades it would be well past the pennies by now.
it is exciting to see the word "buyback" but its not likely at this time or with this stock imo.
Well if you would have asked me a question i would have responded. Here is some of my wisdom, if you want a human being to respond to you, try asking a question instead of stating something. A statement does not ask for a response from the person in which you are talking to.
BUT, since you insist.....lets go down your roads of glory.
1. Perhaps the FBI is investigating them AGAIN and they are making the company pay for the audit....yes its 110% possible.
2. Any good trader knows to never listen to a company and what their "intentions" are. If you made me count how many companies have talked about up listings, i would be here all week long still counting.
3. Weatherbill did indeed confirm that the offices are real, but......3 companies are in 1 office? thats not smart business, that is screaming SCAM imo. He also said that there were only 2 people there and that its a crappy building in the middle of the ghetto......again, screaming scam.
there are "what ifs" to every scenario.....but they MUST be looked at, being overlooked would be considered ignorant imo. (not directing that at you btw)
there is your response =p
that must be a mm sign that "its all good" now rofl. love it when people do that.....watch for 666 or 411 to come next lol, someone did this before.
what is shoddy? wellllll let me make a list......
10 billion O/S
No updated share structure
No updates on the loans
no REAL proof of a loan closing (as a smart trader, i know to take PR's with a grain of salt)
Price still being .0001-.0002 after many(30+) 100 million volume days
Proof of dilution time and time again
Never making any profits and yet they are still in business.....
WHATS NOT TO LIKE? rofl
imo
usually people and companies are not investigated for doing good deeds. If they did enough crap to get investigated once.....thats bad enough in my book. heck, even microsoft took a hit when they were in court for trying to complete a monopoly.....and they are one of the biggest companies in the world.
"Ed Johnson said he's an investor and advisor for Heritage, but works for a separate company, First Independent Financial Group. But both companies share the same office space, phone number and President, Ed's wife Carol.
Wyatt, Spencer and Hardy said they dealt with Ed for Heritage transactions.
"I gave him the $30,000 made out to Heritage Capital Credit Corp and he led me to believe that he was in charge of this operation," said Hardy."
http://abclocal.go.com/wpvi/story?section=news/consumer&id=5525339
looks like good ol' heritage has already been looked at by the FBI once......
Show me DOCUMENTS that the PR is real......not the PR of what they SAID. Words are only as good as the person they came from.....and HCPC is not GOOD....so their words....you guessed it! NOT GOOD.
DOCUMENTS please....
No offense to you, but you must be kinda new to the trading game. Trade with your brain and not your heart. If you knew how PR's work.....you would realize that ANYONE can PR if they shuck out the money. I have seen it more times than i can count on my fingers and toes. to me that PR means nothing.....they SAY they closed it.....but did they show anything to reassure everyone? NOOOOOPE ...... lets hope for some of those "promised" updates ROFL
LOL there was no PR, they posted some crap on their website. Talk about sounding stupid.....the pot shouldnt be calling the kettle black ROFLMAO. nearly EVERY company uses a PR firm to release stuff, not HCPC....they use their website that a 5 year old made which any info can be posted on it within 10 minutes.
i want some copies of the transactions that went through.....they CAN release those with private info blurred out, but they didnt.....why? some phantom loans perhaps LOL.
continue trying, its quite amusing.
Do you have proof that they DIDNT lie about the 2 loans being closed?(not a link to the website where they CLAIMED they closed them, i want documents) It works both ways, If you want him to show you proof that they have no money, i would also like some proof that they DO have money, with a CURRENT document....none of this 2007 garbage.
there are 2 sides to every coin.
Tell me how you know that hey have no money.
1. Did they lie about the two closed loans, yes or no?
2. Would they have not collected fees for both closings, yes or no?
3. Would they not be collecting an avarage 6% interest on the loans since Late Feb, yes or no?
Now tell me were you get that they have no money show me documents not bull.
thats easy, if they top it out (the O/S and the float) so it cant go any higher, everyone is safe LOL or so it seems from what i constantly read on here. Its always nice to see people that have 80 million + shares sit here and spam.
Bottom line is, whoever buys into this thing is pretty much buying bags to hold on to. its been quite awhile since they updated the share structure and they stopped updating weekly like they said they were going to do. "weekly updates on the status of the loans" i recall reading. To me, that is a lie....and a company that lies is usually up to no good. cant someone flush this toilet?
we havent had a heartbeat in a long time.......we are like frankenstein LOL, nothing new.
uhhh i didnt say "it drops so far down you lose money at no bid" did i? i said it spirals downward....it can drop 2 ticks which would be a downward spiral. assuming is a bad thing to do son.
wow what a ****** ****
umm......if its at .0002....no bid would be down 2.....but what do i know? ROFL
what a ******
Looks like the golden cross has been made....or met.....monday will be the finish of the cross (crossing over)? Does that mean this thing is ignited ready to blow up? (in a good way haha)
i couldnt agree more! member mark for you. you are one of the few that looks at facts and not hype.....you cant teach that! love to see people that are realistic.
i agree the 1% or .5% is a major killer compared to 5%. 5% could have done some damage to this bloated structure....but 1% or .5% isnt going to do much to it imo.
like my saying goes "you cant throw a pebble at a house expecting to knock it down" 1% is a pebble and the share structure is the house.....
GLTY