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glad to see us going in the right direction. Is this just day traders and flippers buying back in? No news and going up, glad to see it but what's the reason for a 20% move up?
Your guesses might be about right, the only disagreement I might have is I can see them running past those levels on positive news and a bunch of hype and excitement. But it will drop back down until the market determines the actual value of the company. With as many shares as there are out there .10 is going to be a stretch. But hey I'm in here are .01 so if it goes to .02 I sell half, get my original investment out for other plays and let the rest of those free shares ride for the long haul. Who knows where this might be in a couple of years. Acquired / merged / Reverse Split / shares retired / more acquisitions? Only time will tell.
It will run and the trick will be knowing when to sell.
Won't be my shares. I'm in it for the long haul and not bailing now. I'm already in the red so what the heck. I knew going in I could lose everything I put on the table, but I also believed it was a good gamble to make - still believe that even though some of the moves lately have planted some doubts.
You must be right that a lot of people are panicked and selling. Of course some of the sellers may be folks who got in when it was .02 or less and they are taking a small profit with the intention of jumping back in with more shares when it starts to move up.
Hindsight is 20/20 and I wish I would have sold my shares long ago and waited for this to come down to this level. Man would I have a truck load of shares today. But I never believed it would get this low again.
That is what I was wondering. Can't imagine them wasting time on a $2,000 buy. Even if it doubled tommorrow they only have an extra 2 grand in the bank. That's great for me, but not an institution. Can't even make payroll with that kind of income.
Probably going to see a move away from them to a VOD format, but there will still be a market for DVD's for a long while. If GZFX is pursuing both at the same time I think it is a great business plan, especially if CC is going to help get it done. We will see if that is what is in play. Hopefully it will result in some good returns for those of us who financed it.
Well maybe that is a sign of good news coming. Any chance someone in the institution knows something we don't or are they just playing this for a short term bounce?
Just a question to learn - why would institutions spend $2,000 on any stock? Don't they look for big board stocks and put in big money? Not doubting the info just wondering why the would even be looking at a penny stock
I'm still with you. Holding tight and hoping for some good news. Looks like everyone is headed for the exits and I may have to be the one to turn out the lights, but on the other hand I may be one of the first ones there for the party cause I never left the room!
wish I could say that - fortunately i didn't put a lot into it, I've lost most everything I did put in this one, and like you I guess I just wait it out now - may decide to get out end of year for tax loss if nothing positive happens in between.
probably right, but if some really big news hits that will change, all the depression will turn into excitement and expectation again with real, substantial, big news like a merger or buy out that is going to really make a difference, or a huge contract that includes an actual check to HISC. But fluff isn't going to do it anymore, promises about what might happen isn't going to work, people are jaded and leary right now - I notice that even some of the biggest fans on this board seem to be growing weary - wouldn't be surprised if some who got in when this was sub penny are already quietly exiting.
I hope I dont' come across as a basher. Bought HISC last year in March, watched it make its run to .14, didn't sell, believed it was a good long term play, since last week I am in the red for the first time on this one. Thought about selling when I was at break even point but didn't think it would drop this far because I was expecting the uplist to happen. I still think it will recover, but trying to be realistic and look at all possabilities. The fact is only Frank knows what Frank is thinking and all of us longs will be happy with him or mad at him, but in the end we all made our own decisions about when to buy and sell. So I'll either be patting myself on the back or slapping my forehead and yelling "idiot."
I don't disagree, just don't know if that will be the thing that keeps the pps moving up, CC deal is crucial for shareholders IMHO
You may be right. I have been trying to learn more about charts and I just am not convinced how important they are with pink sheet stocks. Seems like news - good or bad - are more determinative of what it is going to do than charts.
I didn't mean to imply that everyone had that opinion and I don't think that anyone actually used the word "heretic" but I get the feeling that HISC is almost a religion to some and anyone who has a differing opinion is like a heretic to them. I don't really care and it doesn't matter to me, this is a place to express opinions, ideas and DD - isn't it?
True, but it will still cause another panic sell off if it is announced that the CC deal is dead.
I believe the CC deal will go through, but if it does not look out below
I'm thinking about it but I want to wait and see how far it drops. Of course that means if we ever do get some positive news I might miss out on a big run up, but I already have a position so I don't really care that much. My gut feeling is that even positive news won't cause a rapid rise in pps. It won't run because of the past prs that have everyone wondering if there is a real Wizard or just a little man behind the curtain pulling levers of deception -
It will take huge news to make it run up fast
So I'll wait and if I think it has bottomed out I'll add or I'll add on substantial positive news and a slow rise in pps.
But thats just me.
I've lost track of who is who - so who are we missing lately
HISC managment says they are going to a bigger board by a merger with a shell or company already on the OCBB or Amex or nasdaq - SSTY doesn't fit that bill.
I'm long in both also.
Thanks Jagger for the info. I said last week that I thought HISC would have to be acquired not acquire because we don't have the money to buy anyone and several folks here practically called me a heretic.
Your guesses may be right and if it is correct than we have to hope there will be a decent offer of shares in the new company for HISC shares. An offer of buying out HISC shares in this price range will be a good reason to get chapped at Frank.
Hopefully, those guys will look out for us as well as themselves
Blue Sky, sorry can't do PM but my post numbers you were looking for were probably 97886 and 97867
Hope that helps
Here is my take for what it is worth - and I realize I am stating the obvious, but sometimes it needs to be said - HISC is a pink sheet company, people are selling because they are afraid of pinkies and for good reason - 99.99% of them are scams and pump and dump and the only way to come out one top is to buy and sell and time it just right -not as easy as it sounds and a lot of money is lost everyday on pink sheet stocks - I have lost my share of cash in them. People are nervous and anxious and doubtful right now. Nothing has changed as far as I can tell as far as the products and potential - but the silence and lack of sales is scaring people away.
But haven't I heard most of you say that you don't invest in stocks like this unless you are willing to loose what you invest?
Don't we all know how risky these things can be?
This isn't a NYSE stock for a reason - we all know that.
I'm going to ride it out, maybe avg down and see what happens. I may be flushing some money down the toilet and I won't be happy about it, but I did my own DD and made my own decisions and although I have a low opinion of Apple, and losing faith in Frank, I have no one to blame but myself if it doesn't work.
And who knows all the longs might be patting themselves on the back for their foresight and wisdom in a few months - and enjoying the financial fruits of their patience
I'm still hopeful
Sorry for the length.
In the long run I would agree, but I think that a lot of people are in this for a short term play and if I were a bettin man I would lay money on a massive run for the exit if a PR is released saying the CC deal is no go. For evidence, just look at the panic when the extension was announced. GZFX may very well become profitable and expand with or without CC, but pps will not be sustained at even these levels if CC deal falls through. And by the way I am not saying I believe it won't happen, I was just telling Blue Sky what I believe could happen to the pps and why he should only invest what he can afford to lose. GZGX is gonna make you smile or cry and not much in between.
Received my divs through Scottrade today. Now I have to decide to sell or to wait for other stock dividends for other companies. What is the concensus opinion? Not looking for anyone to tell me what to do, just want other opinions.
Blue Sky - As you venture into penny land my suggestion would be to not "invest" anything you can't loose. The volatility of these stocks is incredible. If bad news hits they can go bust faster than you can get a sell order executed. If the right kind of good news hits and you don't already have a position you might find yourself chasing it up and not catching it at the right time. Everyone has their own way of doing it. IMHO with your avg pps in GZFX you can't hardly go wrong. A lot of people bought a lot higher than you and are way red right now. If the pps drops into the 7's again you might think about avg down and buying more if you have the cash - but beware that if the CC deal falls through this is likely to drop into the cellar. You have to decide how much you are willing to risk.
Thanks for the reply, sorry you don't have yours either, but glad to know I didn't get left out in the cold by myself. Misery loves company
Monday night, FEB 13th and no divy shares credited to my Scottrade acct yet. Anyone else with Scottrade in the same boat?
Might explain the meeting of the minds at Apple. Maybe they had a serious sit down with Apple and got their collective acts together on how they are going forward with PRs. Maybe the figured out the market is going to get excited about the fluff anymore. Lets hope so anyway
What is your avg. pps cost basis? If you averaged at .01 you might think about selling 50,000 (1/2 your shares) around .022 or whatever is necessary to recover your initial investment plus broker fee. Then, let the rest ride as long as you want. Those are free shares and no matter what you sell them for it is profit. How long can you wait on them? Long term this might really be profitable for you and if you have your original investment back why not take the chance?
JMO though
I wasn't trying to predict anything, or act like I know anything more than what the rest of the board knows. I was just responding to a post and my take on human nature. My point was just what you are saying - to try and predict anything about the CC GZFX relationship based on guessing about how the change in CC CEO affects it is useless. I don't think it has much to do with anything in this deal. I could be wrong, but again my point was I don't believe you can read anything into it at this point. I think we are on the same page.
Ok, no problem with that -
On the other hand they could wait for the new guy to come in and end the deal and show he is making tough decisions to move the company forward etc. I don't think this has much to do with the new CC CEO. We may all be eaten up with GZFX fever, but the truth is this is a small part of CC business right now. I doubt they are all worrying about the fate of GZFX at CC headquarters. CC's only goal is to make CC grow and more profitable for the officers and shareholders. If GZFX can help with that fine, if it doesn't it will be gone soon.
But I appreciate your postive outlook on life anyway.
I don't know, but I wouldnt' doubt that with the pps dropping some short term players are headed for the exits. Right now, just too much uncertainty. I admit I have thought about selling and I may regret not selling, but I'm going to ride it out and see what happens. Leaving the country on Friday and won't have any access to info for a couple of weeks. Expect you guys to have this all figured out when I return.
Thanks - back to hisc info i hope
Glad you are back in the land of the living and wishing you a speedy recovery. Reminder that there are more important things than HISC pps.
Scottrade here also, no shares yet
Yes, Jag tends to post more on the negative side of things, but just because a guy isn't a cheerleader doesn't make him a buffoon. And I think you meant to say "our boffon" not "are buffoon."
This is from the post referenced
"Good morning...O.K this i what i found out.....HISC has 770mil out standing and 500 to 560 in the float...the difference is definitely restriced....SO take dilution out of your voca for now...also the DTC analysis showed that TD Water House and UBS are shorting the Stock...I don't know what the exact % is...but they will soon get squeeeeeeezzzzzed"
Well, the MM's aren't getting squeezed - that's for sure. And I don't know how anyone can say what the OS is. THIS INFO MAY BE 100% ACCURATE but there is no way to know for sure whether or not shares are being added to the OS - no way. You have to take what is being said and decide how credible the source is. Right now IMO the credibility level has dropped somewhat. Not bashing, not selling, but you have to be a little sceptical at this point.
Remember it was all going to happen right after the first of the year, then it was end of Jan, then middle of Feb, now sometime in 2nd quarter.
That is the question I keep asking and no one seems to be answering. Maybe because the answer is they have to have a major dilution in order to have an acquistion of another company. We won't know until long after it happens. Shares will printed and we won't know how many until it is already done. As I stated yesterday - all you have to do is look at what GZFX did last week. They had been increasing OS for a long time and then all of the sudden -wham the news hits of dilution and pps drops like a rock. Hope I'm wrong, but the sun doesn't shine much on the pinkies. Still holding and watching it drop in hopes of something good. Went in knowing it could all be lost - I'll hate the heck out of it if I do lose it all, but that is the risk I knew was there going in.
What news are you anticipating other than CC deal?
Yes, I read the PR. Maybe I've missed something but where is HISC getting money for acquistion? Unless the print up a bunch of shares they can't do it IMVHO. I realize that the value of the company would go up with an acquistion therefore more shares may not hurt the pps, but still a lot of unanswered questions.
I was basing being acquired on what other posters on this board indicated and not on the PR. Probably a bad on my part.