Health Sciences Group Inc (HESG)

[scheltemajim]

I agree with RetireEarly38 that a lot of our troubles are due to tax selling. However, I don't think it will come back in the first week of Jan b/c the wash sale rules are 30 days, so if people are selling for tax reasons, you must assume they know the wash sale rules and are complying with them as well.

I think a lot of today was people being spooked about issuance of more shares, as well as the failure to execute in Montana.

Issuing shares as currency makes a lot of sense depending on your cost of capital. For new ventures, it is probably the cheapest - or only - way to go. And, as concerns Montana, these things take time, and now that our stock is 1/2 of what it was when Tom was looking, it is only prudent NOT to rush into something at twice the cost it was without an investigation lasting longer than a week.

IMO - still long with 36 mm