BHUB was trading like the low floater that it is but it looks like there was some dilution or shorting going on back then also.
On June 6th, volume was >50M...which seemed REALLY HUGE for that date and on June 7th, one of the postings there said something to the effect of "WOW...we're gonna trade almost 100M today!" ...Sounds vaguely reminiscent of how BHUB's been trading in March 2007, except NOW with CONSIDERABLY higher volume.
Go to posting #44 on that last HSM link & you can see where "stockgangsta" started pumping BHUB ("Yeah MWM im in this one with you Going to accumulate 5k at .0015 and below beacuse this thing can pop to the pennys IMO") & then a bunch of others jumped on board with the pumping.
Keep following the thread if you're so inclined...
Bighub.com Inc(OTC/Other:BHUB) Industry: Computer-Internet 0.0004 +0.0001 +33.3% as of 06/05/2006 03:59 PM Open High Low Prev Close 52 week High-Low 0.0005 0.0015 0.0003 0.0003 0.01 - 0.0001 Volume 90 Day Avg. Volume Shares Outstanding Market Cap P/E EPS 68,842.3 thou 3,590.8 thou 21.7 mil 8.7 thou -2.3 -0.53 Dividend Divd. Yield Beta Ex. Divd. Divd. Pay Split Date - -% -8.04 - - 8/10/1998 Graphs News Ratings Fundamentals Filings Add To Portfolio Description develops and operates the meta-search engine known as the Internet Sleuth on the Internet. Fundamentals Fundamentals Rating vs. BHUB Industry S&P500 Ind S&P Price/Earnings -2.3 60.1 17.3 + + Price/Book Value -- 10.9 4.0 Dividend Yield% -- 0.0 2.2 5yr EPS Growth Rate(%) -- 0.0 16.7 Growth Consistency -- 1.5 27.5 Return on Equity(%) -- 17.8 22.5 Price Volatility 33.4 6.3 1.5 - - Financial Highlights Latest Fiscal Year (n/a) Latest Dividend Data Sales - Dividend (a.r.) -/share Book Value Per Shr - Dividend Yield - Debt/Equity - Dividend Payout - Profit Margin - Ex-Dividend Date - Earnings - Dividend Pay Date - Latest Data General Stats EPS Latest 12mos -$0.53/shr Price/Sales - Market Cap $8674.40 Exchange OTC/Other Shares 21.69 million Beta 1 Year -8.04 Preferred Shares 6.00 million % Held By Institutions - Split Date 8/10/1998 Debt - Quarterly History
Finally, when the dump was on & it was apparent that BHUB was going back to .0001, on June 7th "Hobbes80" wrote in post #284:"we should build our positions a little more then go over to ********* tomorrow and have them pump it j/k... but would be funny" {Note: I have no idea who "Hobbes80" is referring to when he/she wrote "***********" is in this posting, but I assume it is some other board, perhaps IHub or one of the other otcbb boards} (http://www.hotstockmarket.com/forums/showthread.php?t=38310&page=29)
Over the course of the next week, traders were flipping (or TRYING TO FLIP) between the .0001s & .0004s before the POS went down in flames (PRESUMABLY WITH A BUNCH OF STUCKHOLDERS) when the volume dried up.
I certainly hope we don't see a repeat of that kind of activity this time around. Hopefully Darrell Peterson of BHUB will put out a timely PR or PREFERABLY Pinksheets.com updates the share structure PRONTO before we lose the MOMO.
I'm a newbie (only about 1 year playing the otcbb; I play mostly low float Nazcrackers) and I have no idea who belongs to what alias of any of what I posted any of what I've quoted & linked above, but I find all the DD everyone has done on this very intriguing and hope information can help the moderators of this board put some more pieces of the puzzle together. I apologize in advance if any of this is redundant information.
As I've posted before, I've already banked on a few flips early on in this run on March 9th, 12th & 13th and am riding 20M freebies @ .00025 avg and am gonna hang on to them to see what unfolds...hopefully a really nice MOASS!!!
Buy the Titanic and Double Down on the Hindenberg!!!
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