Hemi Energy Group Inc. (fka HMGP)

[1581]

Gigantus has a good explanation I believe. Even if a good pr may attract some new investors, one look at the chart may get them to not look any further. There are massive shares short. There should be no debate about this now. MMs are way short at the .02 level.

Even trying to cover all the way down from .90 they cannot match the volume of shares that were shorted at .02 Those that knew about hemi that early loaded up, very wisely. MMs try everything they can to induce selling under .10 but any shares they may sell are not followed by any longs, who know what they have.

If anything longs buy at these levels even in small amounts which helps keep a base around .10 I believe there are big investors with deep pockets watching and hoping the MMs can bring it lower. MMs probably realize this too so really dont dare go any further down. Hence this holding pattern.