American Premium Water Corp. (HIPH)

[FAILURE TO DELIVER]

EXPU Is it tradeable?

In the world of pinks,this is the question that matters.

Fall 2009 through early 2010,it was tradeable, and there was money to be made.

The difference between then and now is price behavior vs volume.
While the stock enjoyed it's run to .22,the buying resulted in price appreciation,and the gains held resulting in bullish flags providing stepping stones to higher prices.

After the peak,the whole dynamic changed.Some may blame it on PSC,maybe it was shorted,we do know it was diluted further.
However,the reason matters not,only the resulting price performance matters.

Since the large drop,there have been a few above average volume test.One was during the week of May 24.The stock had a nice pop on volume the Friday before,however,the price collapsed for 5 straight days all week on above average volume.
The next try was June 22.The stock stalled on above average volume followed by several days of relatively low volume drift.
No follow through,not enough interest,no reason to keep the stock from a trading stand point.

If the price flounders on low volume when the AS was maxed out,what is the expectation with further shares now showing up in the OS? A good bet would be lower prices.

Apparently Robert Rico will not let it breath long enough to bring traders back into the stock.These are the buyers that can run the stock up as long as they are given a chance.I am in it for the buck ofcourse,but lets face the fact that institutions don't buy pinks.There are always the faithful,but if they cared so much,why was there no volume at these so called bargain prices.

You can talk market cap,shareholder value,or any sort of plan you think the company has for success.All these things matter not to the trader.

So RR,it's in your court as always.Judging by what has transpired the last six months,you seem to have selected the dilute at any price route.So be it,lest we forget you used to be EXPT.

Should you change your mind,the chart will let me know,until then,sell em to someone else.

The traders view.IMHO
FTD