Nate's Food Company (NHMD)

[jimwalters]

Wrong. It's simple supply vs. demand. The stock is going down because the company is printing shares daily. There is more supply than demand. This translates into lower lows and lower highs in weekly trading patterns.

Every once in a while the sellers will let the bids rebuild then whack them again to a new lower low. Also, don't forget, the current convertible note holder will want to convert and sell out his entire note before the next note holder in line becomes aged and can start converting. These toxic guys don't like competition in the selling arena.

This is a very ugly game. It doesn't matter if the company is real or not. The toxic notes will be the death of it. They've killed off many a good company in the past with real revenue and real profits. Shareholders get left in the dirt.

For the record, though, I do not believe Nate's is a real company. It was a Wade shell designed to sell shares. Nothing more. Wade has made money on this from day one. Probably still is somehow.

Yes, Nate's has a "real" product, but so do many scams. It is not commercially or economically viable. It has failed in the past and is failing again. Talk of $100 million is sales is fantasy. Plain and simple.

The only way to win at NHMD is to be a market maker, short the hell out of it, and wait for no bid.