Hero Technologies Inc (HENC)

[tchauncy]

AcanJ- not to get too much in the middle of your discussion with Genstock over the price to price action, but from a purely "technical" point of view, HENC, which has already pierced the 50 da moving average, has the 200 day MA sitting at .308. While I personally don't hold much stake in charting thin BB stock, some do. To those, a solid piercing of .31 would be a strong "buy" signal and likely why Gem thinks there will be more aggressive buying above .30.

I personally know some large holders who also want to see it break out above the .31 level who claim they will be bigger buyers at that time. They already have large positions so saving a penny or two buying now won't affect their average price. They would rather be a buyer at a time it will be more apt to help the stock run.

JMHO