If my hunches are correct, what we are seeing here is an opp. that the MMs keep trying to take advantage of.
Since the Hemi chart has quite literally deterred new buying (due to successful MM manipulation), there is not heavy bid support. Thaey are taking advantage of this by downticking it every chance they get. I strongly believe MMs think they can do the same to Hemi again, what they did once before...drive the pps down to dirt, due to fractional bid support.
I am very sure they are confident it can be done, even despite the fact that the fundamentals are 10-fold greater than last summer. My guess is they 'believe' they can eventually break the camel's back, by shaking out frustrated shareholders.
Furthermore, I STRONGLY believe that what most investors here think is 'sellers', is only MMs throwing more naked shorts at the problem, hoping for again, to break the camel's back.
I know that most folks here have a good grasp of what I'm speaking of. For those that don't let me just say...the more they take this down, the more I contemplate selling even my CTUM, to take advantage of these prices.
MMs are playing with a fire they have never played with before, and rest assured everyone, it is Hemi who holds the hose, not the MMs.
Keith continues to do ALL the right things that a high growth O&G company does, so the fundamentals are improving daily. In a normal regulated market, the pps would respond normally. We are frustrated only because something is not 'normal', and the logical answer is usually the correct answer. Logically, only a hairbrain would be selling Hemi these days, and since I KNOW MMs were hairbrain enough to continue shorting Hemi at .02, they are 20 times more hairbrain now, doing it all over again.
Load up now, for MMs are providing a most unusual and rare opportunity to literally make a retirement off from.
This, I guarantee. I will even bet my cajones on it! lol