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Re: energy_wave post# 269

Tuesday, 04/20/2010 11:57:15 PM

Tuesday, April 20, 2010 11:57:15 PM

Post# of 10457
The Float or so-called Free trading shares are reported at 58mil and change. What has changed in the last two years is I own about 5 times more share than I did 2 years ago. I speak for a handful of other strong handed traders that have been buying up shares of HSCC over the last several years (as far back as 2005 when it went public). So the term free trading is a bit deceiving. My shares are not free at the moment. The float is actually quite a bit less than 58 million. Well over 20million are closely held and that number keeps growing.

One of the most powerful aspects of this stock is based on the simple law of supply and demand. Buy up an increasing amount of the float reducing the free trading shares then an increase in demand for the stock. The price will continue to go up.

The pause in price increase the last couple of days creates opportunities to buy up more of the float. Don't expect it to last to long. This was a payday weekend. A blk here and a blk there adds up over a couple years. The pps will rise above the .016 resistance in relatively short period of time.

50ma is about to cross the 200ma.

It would fair to say HSCC has a cult like following which is growing everyday. When the herd starts buying is when it will start moving real fast. Not a lot of shares to go around.