Due diligence is just another phrase meaning research. Research is something that requires time, effort and intellect. When a person makes a statement such as you have, the statement is either based on solid emotionless research or poor emotion filled speculation.
Do your research. The pump began in March 4 with a vague, BS filled PR from HYSR.
Then the pump team went to work. First they commandeered all the primary stock chat rooms (ie: IHUB) and flooded those sites with 'pump propositions'. Propositions about how high this stock would fly.
Then the media blitz began. For every stock I own I issue a 'google alert'. The world wide web is huge and is available to anyone with an interface. While the pump was on I received daily alerts of the same BS PR from HYSR. Each version had small and subtle variances. Each version purported to be from some financial news magazine from somewhere around this planet. There were 3-5 articles per day in my google alerts. While it is speculation, I'm fairly certain that each article reprint coincided with a 'newsletter' mass mailed to a new group of potential 'investors'.
The main core of pumpers started fading away about 2 weeks ago (LONG and STRONG my ass). Last Tuesday was when I received my last google alert of the same BS PR.
The science is theoretically real, but no one is close to the Holy Grail.
Along the way in their research, HYSR found a cute trick to up the voltage. They reported these voltage increases months ago. At the time they did not report how they were able to increase the voltage. They needed time to prepare and process their patent application. So they saved that for a 'dead cat bounce' when their pump was losing steam.
The release of news of a new patent application gave a decent bounce, but it wasn't enough to re-ignite the momentum.
Now there is nothing but research. Boring, tedious, time consuming research.
There are dozens of entities around the world researching the same subject. Some of those entities are government funded with bottomless pit's of cash backing them. Some are major corporations who invest to win. The rest are little people like HYSR.
Nobody else pumps their crap the way that HYSR does.
Someone will win this race. Will it be HYSR?
I do not have the answer.
I do know that it will be a long time before HYSR does another pump.
I do know that to speculate on who will win the race is a sub-penny game, not a pennies game.
With the summer doldrums coming I do know that this stock will begin its traditional post-pump slide (this is the fifth pump and dump for the company since I bought my first batch of shares). How low it goes, nobody knows.
I have been on an anti-HYSR rant during this entire pump and dump. I sold out around .09. I continued to post in an attempt to try and save smart investors from losing money. A few people PM'ed me to thank me for saving them from an embarrassing loss.
I'll buy back in at a penny
Until then I will continue to post the truth.
For some, the truth hurts.
