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Congratulations to the longs. I remember when this stock was .05. Your patience is now paying off. GLA
Too bad, this was a golden opportunity to average down and Yes, I believe it will get back to .08 and then some if they don't reverse split before then.
I love this stock. I bought 20,000 shares about three years ago for .01 and sold three months later for $2.00 when it rode on Vanda's coattails. Wow!
The problem I see with this stock is that a large number of shares are concentrated in a few number of hands.Probably as a result of early financing. Every time there is a run up in pps there is a flood of form 4's afterwards showing that the run was sold into. In my opinion this depresses the price and scares off future investors.
I bought in last month at .06. Started seeing losses almost immediately. I averaged down at .055. Will have to average down again, but will wait til the bottom (hopefully) this time. Plan to hold long term. The only problem I see with this stock is possible dilution.
Yes, I didn't know Goldman smallcap research had the juice to cause a two day run up. I know now. We will see if the PR has any legs. This would be a nice time for management to supplement the PR with some good news.
My holdings reflect this new valuation. Good thing I am not subject to margin calls.
I still lost 40%. Tried to catch a falling knife, then spent good money after bad trying to save the situation. Oh well lesson learned.
I took my beating. In at .015 averaged down at .011, out at .009. Ouch!
What is that sarcasm? Or am I again stating the obvious?
I agree, there is something wrong with this stock.
Good post
There has been a lot insider buying lately. The CEO and the directors all bought heavily two days ago. Maybe they know something.
Why is this stock still losing pps? It is almost a daily occurrance.
Looks like somebody got a sweet deal
I stand corrected
A big oil deposit in the Atlantic from Africa to south america was discovered. How it will affect HDY?
What happened with this stock? Was this a manipulation? No news yet a dramatic decline. I got knocked down and didn't even see it coming. I don't get it......
This stock is pure speculation. This is not a keeper IMHO.
You are absolutely right. I played the trade without due diligence. I saw a large move downward and tried to play the bounce on instinct. This was a bad move. I read the 10K last night and learned to my horror, that this company did not have any employees and its only assets are an 2 percent interest in three Oklahoma oil wells that pays them $17,000 a year and that it has a going concern opinion. I learned a valuable lesson about doing due diligence before reacting to market moves. I still may have played it, but I would have waited for the bottom.
I got my a$$ handed to me on this one. I did a limit buy a couple of days ago @ .0451 when the stock was .08. Lost 50% almost immediately when the stock suddenly fell through my limit triggering it and ending up at .025. Tried to average down to .027 hoping for a bounce but the stock wouldn't cooperate. I just threw in the towel at .022. I feel like I just went fifteen rounds with Mike Tyson.
You're preaching to the choir. Amen!
I guess I am going to have to average down and ride this one out and become an investor instead of a swing trader. Thanks
I don't understand this forward split. I have lost over 70 percent despite the new shares. I don't get it.
Why does this stock keeping going down despite the good news?
What happened!
I read somewhere that BP found a large oil field in the gulf of Mexico. Could this be "rising tide lift all boats" possibility?
Whats going on?!
A couple of cautionary notes going forward... Be prepared to play these.
The Company received a Deficiency Letter from the NYSE AMEX, dated July 10, 2009. In this letter, NYSE AMEX Staff determined that the Company's securities have been selling for a low price per share for a substantial period of time and, pursuant to Section 1003(f)(v) of the NYSE AMEX Company Guide (the "Company Guide"), the Company's continued listing is predicated on it effecting a reverse stock split of its common stock by January 11, 2010. The Company will review a reverse stock split in accordance with the Deficiency Letter.
The Company was previously notified by Staff that the Exchange deemed it appropriate for the Company to effect a reverse stock split to address its low selling price.
The Company also received a Deficiency Letter from the NYSE AMEX, dated July 14, 2009. In this letter, NYSE AMEX Staff determined that the Company has not filed its Form 10K for the twelve months ended March 31, 2009. The timely filing of this report is a condition of the Company's continuing listing on NYSE AMEX, as required by Sections 134 and 1101 of the Company Guide. In addition, the Company's failure to file this report is a material violation of its listing agreement with NYSE AMEX. Pursuant to 1003(d) of the Company Guide, the Exchange is authorized to suspend, and unless prompt corrective action is taken, remove the Company's security from NYSE AMEX.
The Company is required to submit a plan to NYSE AMEX by July 28, 2009 to bring the Company in compliance with Sections 134 and 1101 of the Company Guide by October 12, 2009. The Company submitted this plan on August 4, 2009 and expects to be in compliance with Sections 134 and 1101 of the Company Guide by October 12, 2009.
Selling on the news...hold tight!
vion is now trading on the otc bb as vion.ob and is now trading at the .97 to 1.10 range.
Play the bounce! This should be a good two day play.
Got in first thing this morning at .20, put a sell limit of .40 on, left the computer for 30 minutes, while I was gone the price blew through my limit. I had a nice gain but I am so upset right now I cannot appreciate it.
In at .04 out at .18. This was fun!
This was a pleasant surprise. Got in at .04...
Looks like some early profit taking, hope yesterday wasn't the whole move.
earnings on August 13th, be prepared to sell into it.
Watch out for buy on the rumor, sell on the news.
This is building in that direction.