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I personally think more than 5 in 100 make money long term.
If there is tremendous dilution going on here, where is the evidence?
IMO.
I disagree.
As we have seen, MM games are being played to paint trades in the range of .0001 to .00019 as ALL sells at .0001
So in fact, the percentage of trades that have been made at .0001 is probably far smaller.
MMs are doing this for some reason. IMO.
LOL.
Not quite. Not when many here have posted their "buy" information which showed that transaction as a "sell" on the L2.
MM games. It appears the true number of sells would actually be quite lower.
IMO.
I've had a small .0001 order in for the past 2 weeks as a test buy (as of yet it has not been filled, and I don't expect it to be). I will post something if it ever goes through.
Newtrader!
No problem! We can solve this easily!
Just show me the PR/update where the company "promised" to release the audited financials by May 30th, as you claim they did!
Simple enough, yes?
That is not true at all.
Audited financials were never "promised" by 5/30/08.
Please reread the update on the HCPC website.
Because the chart goes by the printed buy/sell log
Please show exactly where the company said "audited financials on or before 5/30/08".
I don't believe this is true.
Yea...and as many posters here have observed, most of those are actually buys, just slightly below ask!
LOL.
We closed at 2, and have proof that buys are being posted as sells.
Hardly dumping.
I'll try to enlighten you a bit, but this seems like the 70th time we've gone through this.
HCPC said they "expected" the audit to be completed by the end of May. As anyone familiar with auditing knows, it is a stringent and meticulous process that is often difficult to complete on schedule.
HCPC never announced a PR would be out on this date. But they did release an update, and said they would release the audit as soon as it is available. So there ya go.
Why predict when we might get news? We have nothing to base those predictions off of. We know it's coming...let's just wait and see
Right...but it only appears that way until a PR pushes the pps up, just like it did in December, and again in Feb.
Patience
Very interesting idea...thanks! Always nice to hear good contributions for DD
I'll respond with the same argument you make. Look to the company's history. Every few months, with the release of certain PRs, the pps jumps.
Soon we are due for a significant pps, which will probably make the pps run again. Based on the company's history, of course (because as of now it seems like the 6bil is still locked up).
So there ya go!
IMO
Mike,
Got your PM. Great job, and thanks for the info
Please provide solid proof of this claim you made about HCPC.
If you have no conrete proof, don't bother replying.
To lower the float. A/S means nothing unless it is diluted into the float.
Agreed. If anything, the 6 billion should tell you they will not R/S anytime soon.
The relevent SEC docs are available, detailing the transaction of the preferred shares.
If you think they are forgeries, then I don't know what to tell you. The world must just be one big conspiracy
Loan is financed through the sale of preferred shares as per previous DD.
3-year audit most likely being done because of the amount of revenue acquired by the company, as mandated by the SEC - from DD done by Libra (i think, i could be wrong on this), posts are from a few days ago if you want to check.
There is thusfar no evidence that the 6 billion shares are being sold. They could be used for a merger or acquisition. They could just be dumped. I agree it's odd the company didn't explain them yet, but at the same time, there is no evidence they are being sold.
Seems that many people here are disgruntled former shareholders. I'm sorry, but selling now would be an absolutely ridiculous move, with the Q1 and Audit coming. IMO.
Right. Dead money, just like the dead money that bought in at .0001 before it ran to .0007, or the dead money that bought at .0001 before it ran to .0004.
It is a fact that buys are being posted as sells. I have had it happen to me on ALL three occasions in the past month when I have bought (yet it showed up as a sell on L2). Many others have had the same thing happen.
The buy, for example, will be at .00019 but will be posted as a sell @ .0002. I can copy my buy orders and show you, so if possible you can look up a historic L2 and see how they were posted.
Well you have to consider the manipulation that's going on...for the past month we've repeatedly documented that the MMs are posting buys as sells, which indicates they are intentionally depressing the price.
For what? Probably, in anticipation of what they know is coming (some sort of a run). Additionally, keep in mind that throughout this time we have not fallen to no bid, and there has been consistent buying going on.
The company knows that the audit and Q1 fins are their "meat and potatoes" so to speak, and will show their financial progress so far - something like that can't be rushed.
Anyone familiar with the complexities of the auditing process should not have been surprised by the delay - predicting an exact date for something like that is nearly impossible.
You think the run won't happen for those who bought in at .001-.003, right? So...you think it still will run to .0009 then?
I agree, Guapo.
We're in the same spot we were a month ago, just waiting for news.
Pump or bash, news will ultimately come.
If good news and you have no shares: Miss out on lots of $$$
If bad news and you have no shares: You get the feeling of being "right"
If bad news and you have shares, you sell and lose the commission fee.
If good news and you have shares, you make lots of $$$
Decide for yourself which options are best.
What's going on here is a back-and-forth HCPC game where neither side can PROVE what they think.
The bashers have time on their side (until, of course, the company puts out a PR. Then they all seem to disappear.)
What's rediculous is that so many people who supposedly have no stake in this stock choose to come back for months to bash. I have seen this happen often in the past - and almost always it happens with stock that have great potential and go on to make runs (because if a stock really was a POS, why waste time bashing it).
HCPC's day is coming soon
IMO.
Newtrader,
Good point! You have lots of good questions!
Now I will ask a question. Just curious as to why you say that you "already know the answers" to the questions you ask us here on the HCPC board?
Why ask if you already know the answer? Why not just share all this HCPC DD with the board? I'm sure we'd all like to see your answers! Any more DD on this stock would be useful.
IMO.
I've seen it done quite effectively before. News on a saturday can allow word to spread over the weekend and produce some insane trading action on monday, by the time everyone has found out.
If you don't mind my asking, why have you become one of the people that you hated for so long? I understand the frustration, but can it at least wait till the audit comes out before you start trying to "save" newbies from this stock, just like so many others?
People who post honest questions here will have them answered if the information is available. There has been much good DD done on HCPC, thanks to Cash, Libra, Brent, etc.
People who simply bash, or who ask questions and later admit that they had the answers all along, will be treated as such.
Most investors have (rightly) found that there isn't much to discuss that hasn't already been discussed. We're just waiting for some bombshell audits at this point!
IMO.
I agree! And most people will probably find that three loans have been closed (first time in the company's history) and because of those closings, this is projected to be first profitable quarter ever.
Unless one happens to believe this audit (which has been done by a company Heritage has worked with before, and has been confirmed by Carol both on air and in a PR) is just a fake, prudence would probably dictate that it would be smart to hold those shares.
IMO.
NewTrader,
You said:
"As always not meeting their promised deadlines"
What promised deadline? Their PR never said the audit would be completed by May 30th. They said they "expected" it to be. The process of auditing, when done properly, is filled with time-constraining hair-splitting nuances. Trying to accurately predict a completion time is near impossible!
Similiarly with the closing of the first two loans. But after their anticipated date passed, they still managed to close both loans.
Seems that if volume is low that's because of "no interest" and if volume is high that shows "dumping". HCPC can't win!
IMO
Very good Spec! I am heading off to Ft. Benning for a while but I have marked it on my calendar.
FYI I never said this would have a major run. Still think I drink kool-aid? I would suggest rereading relevent posts before bringing up an argument.
Hell, if you win the bet I'll stop posting here! Because by then I'll be fed up also!
All the best.
NewTrader,
You said you think the "longs do not want to address your questions."
What evidence do you have for this claim? If you ask a question that no one answers, could it just be that no one knows the answer?
What exactly makes you think there are some longs that have the answers, but just don't want to reveal them?
And if you really believe that is true, why don't you just answer your own questions yourself (since you said you do know the answers)?
Forgive my ignorance, just trying to understand your thought process here.
Yes your false claims. e.g. you didn't post in December (you did), you warned people not to buy at .0005 (you didn't), etc.
Your credibility has been destroyed. You laugh because you know it's true. I corrected your false statements, and in return, you called me a "kool-aid drinker."
Very well. That shows me exactly how much intelligence you have
How bout this. Let's make a little wager...if, in 3 months, HCPC has not gone above .0002 OR if it HAS done an R/S, I will write you a full apology. If it hasn't R/Sed and the pps has risen above .0002, you will never post here again.
Let's see how confident you are in your animosity towards HCPC
Deal?
NewTrader,
You have asked multiple questions on here when the answers are readily available. Why not do you own DD?
When the board doesn't answer, it's probably a safe bet that either 1) We don't know or 2) The people who would have an answer are not around to read your post.
If you are too uncomfortable with this (and you do seem to be quite uncomfortable) why not just sell?
haha ok Spec. I do my own DD on HCPC, and check your claims and discover that they are false (multiple times), and yet you think I'm the one drinking kool-aid haha!
Quite typical. You have no argument so you say i drink kool-aid. ok buddy!
whatever you say!
What about it lol, they prove my point! You are hilarious
Exactly - he's just one person. Can you show that more have also done that? Nope
I disagree.
I highly doubt that many investors would want to bail at .0001 for a loss when audited fins and Q1 results are due any day.
If volume is low, people say there is no interest (or no demand). If volume is high, people say it's evidence of the company dumping.
Seems like HCPC just can't win Hope these fins come out soon!
Agreed.
I think the overall problem is that too many people got into this with the intention of a quick flip. When that didn't materialize, the company suddenly became a "POS."
Well if you invest wisely and don't put too much needed cash into Pink Sheets, you ought to be able to afford to wait it out if necessary.
I don't need that money any time soon. I'm willing to wait for news and see what Carol has planned for this
Spec, in regards again to HCPC,
You are still wrong. You said "I wouldn't touch this POS."
Well I did. I touched it after you said that, at .0001 and .0002, and made a lot of money selling when it ran again.
I never said they weren't diluting? I also never said you were shorting?
You are quite humorous. You were wrong before, and now this. Do you routinely just make stuff up?
I'm sorry, but you are just not a credible person. I think that's been demonstrated quite well here tonight.
Good luck in your future trades.