American Premium Water Corp. (HIPH)

[FAILURE TO DELIVER]

The way this thing trades tells me all I need to know about it.

The chance for a run was capped at .02 on Monday either by heavy shorting or just plain dilution.The ask was killed with no movement,followed by the usual down draft as traders with half a brain cut it lose the minute they realized it was going nowheresville.If it was going anywhere,it should have hit at least .03 and held the gain.

The heavy volume hitting the bid even at .01 usually indicates lower prices ahead since the attitude seems to be sell at any price.

My opinion of the CEO is he's a slime bucket dilution pig.

Had this on radar a very long time,still see no reason to buy as long as the current action on L2 holds true.

FTD