Helios and Matheson Analytics Inc (HMNY)

[Sgreg]

After more time and research I have become interested in HMNY as a trade. SEC filing states less then 7 million shares outstanding as of yesterday yet yesterday alone 40 million shares traded. Stock down from 21 dollars to 25 cents since split. Increase of 5.5 million shares added through dilution since split but 100 million shares traded. My conclusion is there is massive naked shorting happening.

Panic selling isn't a logical explanation for this size drop this fast with this volume. The amount of dilution also doesn't cut it even though the dilution is a lot but not near enough for 100 million shares to have been traded since split.

My plan is to buy some just ahead of settlement dates of clearing house. Naked shorts won't cover until forced from failures to deliver which there definitely will be massive amounts of those. The first couple of days after split was some dilution a lot of panic selling and naked shorting. The last 3 days is some panic selling, heafty dilution and massive massive naked shorting. Settlement days will be coming soon for those days and nakeds might have been reckless according to the numbers I'm looking at. Will know within a few days.

Only way nakeds could wiggle out of this without a huge dead cat bounce and squeeze is they cover failures to deliver as they come from clearing house on settlement days for shares that settle that day yet naked short new trades daily as they do so. However if HMNY shows up on Regsho threshold list and or circuit breaker list regulators will step in and make settlements properly happen which will stop the naked shorting for a period of time. Also nakeds will have to have the company continue diluting which helps the nakeds. I think though nakeds have gone way too far and I think they are setup now for a trap. I think they might be in trouble soon and I think I might actually buy some of this horrible stock.