Hemi Energy Group Inc. (fka HMGP)

[PinkElephant]

Well, if you haven't gone back that far then you may not know of the DTC issue. Some technical issue that the DTC is being slow to resolve. It was discovered late summer and a number of brokers stopped trading the stock.

Lots of times when such irregularities happen it is a sign of misbehavior on the part of the company and so people get out. That isn't the case with Hemi, but it is enough to have scared some people. That seems to be about the time the MMs started shorting if they did. The PPS headed down hill from then on and finally found a bottom around $.02. I think the MMs didn't expect this to take off until the DTC thing was resolved, but it did anyway and may have caught them up short.

Keith had a bunch of good news they were waiting to release this fall. They were waiting for the DTC issue to clear up first so nothing would inhibit trading. I think they gave up waiting and started to release some of the recent PRs despite the DTC issue. Expectation is this is only the beginning and when everything is cleared up there will be more to tell.