I've had enough of Hellz....he, or she, is nothing more than a two bit short working around the edges trying to induce some selling. "Don't buy, don't catch a falling knife, only the ignorant are buying, it's going lower, calling for a dollar a share..... whatever...I've seen these posters for years and they all claim that they don't own a share.
Right !! No substance or redeeming value.
Now, let's get back to some constructive thinking.
It is obvious to me, after gathering as much company information as possible, that both RSPG and Maxwell got ahead of themselves.
The CNBC advertising period must have been the original go point where RSPG would move to the BB and kick off their new relationship with Wall Street, its brokers and institutional investors.
Previously, there were more than enough LOI's from little known distributors and foreign countries to get attention. None of them, to my knowledge have ever been filled.
There was no way to know at the time that many of these distributors seem to be less than reputable. There was a mailer sent out which increased awareness from the Maxwell circle of investors. This helped take the PPS up over $2. The momentum was there and the price was being supported until the BB move could be completed and production kicked in.
All of this leads me to believe that a good solid plan was established to guide the company quickly into Wall Streets speculative market.
The only problem.....no production--no sales…and the move was delayed for whatever reason.
Somewhere along the way, the naked short market makers jumped on this stock. They saw it as overpriced and behind schedule. They moved in and built a substantial position. This short activity resulted in getting other money managers and big money investors interested who backed RSPG and the battle began to shape up.
Now, the crucial component was time.
RSPG had some nice momentum and price appreciation. Longs were jumping on the stock and riding it up. As it rose, the MM's continued to short. The longs bet on the BB move, the shorts banked on production and sales delays and possibly no move to the BB..
So here we are....the shorts are in the drivers seat and have a small window to drive the price down. RSPG is almost ready and set a grand opening for 30 days from today.
Production is ongoing or close…who knows!! Deals are being negotiated and closed but not announced. BB move could come any day.
This is the most exciting and potentially profitable time in a spec stocks life cycle.
Confirmed from the Hereford Chamber of Commerce....RSPG is a real company ready to go. The naked shorts have nowhere to hide and the good news is ready to flow....
Here is a hint to determine when the millions of short shares are panic covering. Look on Level II for NITE, VIEW, UBSS to be on the bid rather than the ask. That's when the price will soar and we will be flying past $4,5,6 rather quickly.
I have never seen a spec stock situation that is potentially more explosive than this one at this time...
I'm buying more everyday.
