National Hyperbaric (NHYB)

[PinkElephant]

Sure, I am definately going to follow this long term.

I don't have a ton of funds to put into this as I am loaded to the gills with HMGP, but I am definately looking for entry. This is down trending pretty strongly, but it has to find a bottom. There is always a point where things are so cheap that it is ridiculous. I think we are getting pretty close.

I started paying attention when we broke under $.04 and almost got in, but decided to wait. When we hit $.02 last week I got really interested. This seems to be testing that $.02 mark.

However, I watched the Time&Sales all day and there is definately a lot of selling going on. I got a starter position, but I am going to watch carefully to see what happens the next couple of weeks. I am not quite sure where all the shares are coming from, but we know the float has tripled in the past year. When the MMs see that they get vicious. They know there are probably more shares coming in the future so they feel confident in their shorting.

On the other hand the overall O/S only went up by about 25%. That isn't horrible for a company that has been in serious R&D mode.

With the new center opening and the new contract being finalized this should do very well in January. The trick will be to see how well they keep down expenses over the next 6 months to a year as more revenue starts to come online. Still I think there is much more upside potential here than possible downside at this point.