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Thursday, April 13, 2006 11:57:20 AM
The second reason could again be ignorance. Read the PR again but read it quickly and try not to really think about it. Some people might be confused. They may think that the company is merging and they will only get one share worth $0.50 for the merged company and that HISC.PK will completely go away. In that case they probably thought we were heading to $0.01 today. That passed quickly as smart investors picked up some cheapies. I full expect the price to recover to $0.06-$0.07 today or tomorrow.
I also agree with the Fibanacci retrace theory. Looks very bullish to me. IMO the true value of this one right now should be closer to $0.10, and definitely over $0.08. ActSoft and HISC alone are worth that (if not more). Now factor in whatever we are getting with the OTCBB company and you've got even more gains. My guess is that the company they merge with is not a shell though. That could have been done long ago at a much lower cost. I am betting that we will see some overlap. I still like the possibility of it being SEHO or PLKC. Unfortunately I only own PLKC.
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