Saturday, December 05, 2009 4:34:37 PM
NSS everyone says is an illusion getting board members up and buying the hype. NSS is very real, especially in pinky penny land. Almost 95% of the time, high volume stocks, trading low price per shares, are being swapped with shares that are not linked to DTC. There is no otherway around it. Do you truely beleive certs are being surrendered and settled by TD Ameritrade Bank every 3 days?? NSS is real. Very real. Actually it's the only way pinks can survive, with no fiancials to base investment decisions on, a dynamic ever-chaging share structure is required to keep stinky pinkies on the move.
HESG had traded over 15 billion shares within the past 20 trading sessions.
HESG had one breakout to the .0024 range from it's new baseline support of .0008
HESG just offically announced a share retirement at 2 billion shates.
HESG's most recent disclosure puts the O/S at 2.2 billion shares. Assuming no shares have been sold into the O/S during the retirement, the OS sits at roughly 700M of which 486 million are restricted leaving approx. 200+ million shares in the O/S or free trding float.
HESG had traded over 15 billion shares with little or - 0 - price movement. Any significant closing gains are followed through with relentless selling at the bid.
HESG has demonstrated T/S blocks of 9M shares during regular trading hours and after-hours extended trading T-trades in excess of 100M per trading day.
TD Ameritrade and Scott Trade have both suspended buy orders in HESG stating risk tolerance too high. When did discount on-line brokerage houses start gaining interest in high-risk securities, especially securities traing sub-penny on pinksheets. These securities are inherently risky to begin with.
Since the buyback has been announced, HESG has not posted a subsequent closing price above it's prior closing price, but has however, traded mid-day a 50% retracement from it's prior day high (trying to induce selling, attepting to create panic)
Assumptions
1. Price being kept down by 9M block share selling at bid. Buying is being artifically inhibited by placing buy suspensions on the security with highly visible online discount brokers. This action seemed to immediatedly follow the PR confirmation of the share retirment of 2 billion shares.
2. No dilution has occured per TG. Have an email from him saying no dilution or company selling of shares has occured. TG has concurred with recent selling as unexplained and baffled.
3. HESG did not appear on last months REG SHO failure to deliver report. It will appear on the report scheduled 12/26.
4. Reports from NITE insider indicates panic on the floor with respect to 13 billion shares unaccounted for by the DTC.
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