Stockmarketquarter

[varok]

-HESG-

Good Afternoon,

The PR this morning was not well written and actually exacerbated the selloff.

What went on thus far in this trading session, is based on fear and emotional anxiety..This is known as CAPITULATION! Folks are throwing in the towel and I will say at their RISK..

In the pinks and this issue is NO different...These issues sell/buy based on news events and this mornings PR was the catalyst for this selloff.

For the last couple of weeks we have been inundated with BASHERS playing on the emotions as this issue works through this mess..I posted earlier on why these issues, but more importantly HESG has a major short position and that is a fact. Reason why the buying halt.

Many off these huge blocks is not necessarily dilution, but MMs balancing...

Lets look at the PR from this morning.

# 1 Application to Pink Sheets commendable,but still a unpredicted pink sheet issue and means absolutely nothing.

#2 About the halt on buying through Scott and TDA and the company, through it's attorney's to sort this out is nonsense..We all know, that TDA and Scott have in the past and currently have dozens of issues in this predicament only to protect the culpable MMs.

#4 No R/S is a positive announcement, but certainly should be watched and taken with continued interest in the SS and where it will go.

#5 Increasing A/S..This can be a problem, but can also protect the company from unnecessary hostile candidates, as well preferred and restricted issues for acquisitions...Details and details is what we need here with respect to this item...

#6 The recent restrictions laid out by brokers, does appear a reasonable concern why acquisitions are on hold until resolved..

#8 The retiring of 2 b shares is the cusp of what is happening and until the DTCC can make an actual accounting of these retired shares, this problem will persist.

#9 This is a booming industry and that is a FACT!!!

Selling into this collapse by many here was in my opinion not a smart move with what transpired so far was nothing more than FEAR..

Buying into this collapse may not be prudent just yet, but certainly for the folks that have funds and can average down, should watch closely for a bottom which never can be an actual prediction, but the rebound and I believe it will happen, will come from NEWS developments not from hyperbolizes and wishful hopes that go beyond 6 months.

There was much talk about putting in a GTC..I'm quite dismayed by some poster that I recognize and consider more than novice traders didn't dispute the notion that putting in a GTC is a sound position..

GTC does NOT prevent MM from using your shares..

There is only one way to keep the MM from using your shares and that is take possession of your shares in the form of certs..In other words, take your share out of the game.

When shares are held by your broker, it shows up as one holder, holding millions of shares..This is what we all see, not individual owners. Thus the MM can sell and resell your shares 100 times over.

I do NOT recommend taking possession in CERT form..Absolutely a bad move in the pinks or any issue that has volatile movement..Reason is simple...The turnaround to put your CERTS back in circulation takes 5 days and then the potential run if any, will be well over.

Buy on rumor and sell on NEWS and then work your way to FREE shares..

Have written many articles on pink Trading and how to maximize profit through my " 3 Ps of investment trading strategy "

In all, I am holding and will continue to hold as the company develops it's business model.

Merry Christmas and have a very prosperous New Year.

Have a good day
Varok

http://www.stockmarketquarterly.com
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