Homeland Security Corporation (HSCC)

[dude iligence]

from rb board By: rivet
04 May 2010, 12:57 AM EDT
Rating: post rating 0 Msg. 1344 of 1346
Jump to msg. #
How to tell if a stock has a naked short on it. If it consistently trades more buys then sells. They never balance out. Buy after buy after buy and the price doesn't move up perhaps goes down.

Take CMKX the most naked shorted stock in history

I bought 10 million shares they split gave me 20 million I put a sell in for them .0008-.0009. They ran up and sold. Then in a week or so it went back to .0001x.0002 where it stayed. Somehow I on the split they gave me another 4 million shares which didn't show up right away. Months later I tried to sell them. This was when CMKX was now trading billions and billions per day. I only had 4 million to sell. I put them out on the bid to sell GTC. days went by and no execution. After a couple weeks I change the order to a market order. It should have filled right? Wrong. nothing. I sat and watch it trade on level II trade after trade after trade all sell on the ask. and my measly 4 million never traded. I just wanted to get rid of them because I knew from experience CMKX was going to go POOF! I called Etrade and asked them What's up? They gave me some bs answer about orders in front of mine. 3 weeks worth? so I canceled the order. Then I called them back the next morning and asked them to call the mm on CMKX and ask if they had any market orders to sell CMKX yet that morning. He came back and said no verifying there was no one in line to sell. I immediately put in a market sell for the 4 million CMKX while I was talking to him on the phone. I had him verify he saw the order then I told him (whom I got his last name) that Etrade had till the close of business to execute the market order or I would be notifying the SEC the next days as to what was happening. The trade executed about 15 mins later. Months later we all know what happened to CMKX. POOF! I still have the POS spinoff shares in my account that just take up space.

Right now I'm quietly watching HSCC trade and keeping notes on the trades and watching lots and lots of buys without a lot of sells. yet it has a significant short on it daily. Here's today's info 371k shorted out of 1.3 mil traded.

20100503|HSCC|371000|1331183|O

756k sells to 601k buys and price was up 35% .027.

Last week buys were 90% of the volume and yet the short position was 30-80% of all trades.

In America the average investor can't short penny stocks. But the mm's do it all the time in the name of providing equity for their clients and customer. some how I don't think they mean you and I.

HSCC is extremely undervalued more and more people are seeing that everyday. The mm's need to see that also. Soon. Or I will pass on the data with a very detailed explanation. I been told I put things in terms that even the dullest of bag-holders can understand easily.

rivet