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Yep, need a strong push to break through $500 again. Seems to be today's resistance.
Samsung released their smart watch and its absolutely hideous...
Looks like they were so caught up in trying to beat Apple to the market that they forgot to make an aesthetically pleasing device. Like they took a Galaxy S3 and slapped a watch strap on it. Yikes.
Shares still not showing up in Etrade as of 730am CST.
Won't be able to check again until after lunch today.
Quite a few shares bought up already today.
Same. JAN14 calls are holding profit. SEPT13 calls are barely in the red (just loaded up on them during yesterday and today's dip).
We'll see how the next few weeks pan out.
Eventually the market will remember AAPL has product updates/launches coming soon, and will continue AAPL's climb up.
I would think..
Added calls just now. Sept 550's should look good once this dump is over with and investors remember that product launch is right around the corner.
Still holding Jan 600's at a 78% profit so far.
I would have thought AAPL could have sustained $510 and been steadily increasing up to product announcements, even with the general market in the red.
$1 = .00067 pre-split. Still less than my avg pps, but much better than .0001...
1500:1 RS would make $0.15 the equivalent of the pre-split price of $0.0001. So, on paper, the current price of $0.175 would actually make your post-split shares worth about 17% more than pre-split.
Black should be using this time to get his business plan/strategy together so he can notify shareholders once the shares are freely tradeable again. Should help bolster share price.
Where'd you find that?
Agreed. In dollar terms it looks like more shares have been bought per day than before the RS.
Something must be cooking.
Your comment makes no sense at all. The shares post-RS are worth the same as the shares you had pre-RS. In fact, at .45 per share (today's closing price), your POST-split shares are worth 3 times MORE than when the shares were sitting at .0001 for months on end pre-split.
The only way your shares aren't actually worth the $20 charge from your brokerage is if you hold less than 45 shares of HNSSD (which would equate to about 67,000 shares pre-split).
So... how many shares of HNSSD do you consider "worthless"?
Low bids in on Sept 550 calls here. Just in case...
I sure hope that doesn't happen, but I understand the frustration.
.05 would be the pre-split equivalent of 0.000033... not a good sign.
With all the effort going in to the reverse split, one has to think Black has PR's and a strategy in place to increase shareholder value, though. The next few weeks/months should reveal where HNSS is heading.
JP - I've said this several times now... The PR states it will be 20 business days until the RS is complete. That means you probably will not see the shares in your account until on or about September 1st, 2013.
PLEASE read and understand the above information, and be patient until your shares arrive (IN 20 BUSINESS DAYS).
AAPL and PM's would be good bets when the FED beings to taper.
My Fidelity account shows the post RS share count, but I am not able to sell them. Most likely the shares are not allocated to my account yet and Fidelity is merely showing what my holdings will be once the shares are delivered.
Just because its taking time does not unequivocally mean its a scam...
Fidelity always shows post split shares and dividend shares first. Not sure why.
Try and sell them though, you can't do it. They are most likely waiting for the actual shares to be put in your account and are only showing the post split share number as a place holder.
I have an Etrade account also, shares have not shown up yet. Black said it would take 20 business days to complete the RS. That means we have another 8-10 days or so.
You can buy, but not sell. It seems like MM's will sell you shares (that probably do not exist yet), and are planning on covering those shares once HNSS is tradeable again.
I think that's why the short selling data seems to be high right now. Its MM's fronting shares to buyers until the stock becomes active again. IMO
Don't know what happened to your post, but I agree that once Black starts releasing new information about the plans for HNSS it would be a good idea for one of the guys who have been around HNSS for a while (one of us) to update the iHub Intro text for HNSS.
I won't be able to volunteer time for a few weeks at least. I'm not in a remote part of the world, but like you work is increasingly moving away from my desk. Been in the field 3 weeks straight, with today being my first day in the office (on a Sunday, no less).
For anyone hurting for work right now, there is a massive shortage of qualified workers in the Oil&Gas industry here in the Gulf Coast area. Electricians, pipe fitters, welders, engineers, foremen... We need them all!
All but 257 is a little odd.
I wonder if Schiller has some start up ideas of his own and needs seed money.
My first purchase was around this time in 2011.
Wow, I didn't realize it'd been 2 years of pps dropping and OS increasing.
Come to Jesus time for Black is right. Let's hope he has a plan for profitability that will take the company and ALL his shareholders to the promised land.
Thanks for the tip. Always good to hedge, even when things are looking completely positive. You never know how the mass investing public will react to news.
Agreed, that's what I was referring to when I pointed out that I bought at the ask. Have to wait for monthly/bi-monthly data to determine true shorting #'s
Pretty sure I said they were short...
Interesting. I bought those 109 shares on Aug 2nd (just to see if the stock was trading) and they showed up as short.
That's most likely because I bought at the ask...
If the deal with China comes to fruition, that HAS to be a massive game changer for Apple.
Will do JP
Uh... Big players are buying now buddy. Spouting this stuff on iHub is not going to help your short position...
The RS by itself does nothing to increase shareholder value.
Black will have to roll out his vision for HNSS and be successful in implementing whatever strategy he is working up.
Etrade told me I could start the process to unrestrict them anytime I want...
I emailed asking about a month ago.
I think you might be right.
I want to see the equities market tank (since most of these companies have FED-inflated earnings anyhow), and the sellers move to AAPL has a safe haven. Who wouldn't be happy/comfortable owning stock in a company with more cash than many of the world's countries?
AAPL to 550 in the next few weeks.
Shot an email to Black to see if we could get some clarification on what that statement actually means for existing shareholders.
If I hear back I'll share with the board (with permission).
Jag if you have the paid iHub account, shoot me a PM with your email address if you don't mind.
ASimEE
I stand corrected. So approximately 1 month... around Sept 1 I would assume.
I think the PR said "20 days", so it could really go either way.
Uh, long means you will make profit as the stock increases in price. Short means you will make profit as the stock decreases in price.
It has nothing to do with duration of holding...