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Re: Bike post# 38600

Thursday, 12/02/2010 10:02:01 AM

Thursday, December 02, 2010 10:02:01 AM

Post# of 55136
my guesses, and these are guess/opinions only:

he is working on the computer and has messenger up as someone he needs to be in contact uses that for communication. it is easier to just hit accept to clear the request from the screen and it is more 'polite' to what he must assume are investors than to reject or ignore. most questions we ask can not really be answered other than some political jumbo we dismiss anyway due to not revealing inside information.
it would be great if he responded but this is nothing new, just that we now have more ways to contact him through personal methods than before. there are other pink/otc ceos that have a lot of contact with shareholders, even allegedly post on these boards, and it does nothing for pps.

as for hydrobotanical, it was a loi. i can only assume when the bill failed it soured negotiations. as everyone pointed out it was not a core business. yes there were some ways to make favorable connections for solar etc. but it was much more attractive if that bill had passed. they may still be renegotiating but i would bet interest has cooled for now. could the timing had been to get a rise based on the industry buzz? maybe, but just as likely it could have been to grab an opportunity that had presented itself in an industry that had buzz before the bill passed and new negotiations would of been more difficult without the unknown and increased interest.
i also do not personally believe we need a pr stating he no longer has interest, especially if negotiations are ongoing and more difficult now but also not as important. it was just a loi. if it had moved on, great and big news. if not well it shows he is trying.

what i do know is we had days of high volume which saw up ticks through heavy shorting. now we see low volume and still have shorting, 1.5m yesterday on 4.5m traded.
the real question is, why is this being shorted?

normally stocks like this are shorted for 3 reasons:
someone thinks it is going to fall, normally during a big run when something is overbought or on news which again leads to overbuying especially if the news is questioned. yes some will say they think owvi is going to fall more but there is not much to fall, volume is low and is showing oversold, and no news for a while. seems unlikely this is the reason.
or someone does not want price to rise at the current time, normally because there is a deal to buy a certain price or deflate moral of those holding/buying by not allowing volume to uptick the stock and then when volume slows it only takes a few shares sold to show red again. this is mentally and emotionally defeating to those who want to show progress now while those in control, like mms, do this every day and have the time/money to wait and get shares lower. normally this is done on a stock where they either know or expect news/price rise and either want more shares or to control the run.
or finally because demand is outpacing supply and a mm needs to make a market figuring they can just buy back on dips to offset the shorted shares and restock, then sell on the next rise to recoup and short again to create a new channel until they either break even or show a profit while accumulating shares for the next movement direction. this is also obviously not owvi...

so maybe there are other reasons but those are the top 3 i know of. if there is such a desire to get out and heavy selling pressure why were so many shares, at least half those traded this week, shorted during buying pressure? wouldnt those looking to get out of sold instead? especially when it returned to 7 for a while? and why after buying did every lull see small sells to downtick? cant say for sure but sounds familiar.
yes i know many here have played the game of tapping the ask to keep pps 'up' but that is retail and has no real effect other than your account balance to end/open. we saw 1m buys at the 7 ask followed by 100k sells that took the spread to 5/6?

my timing guess was off on the chart but bbs are consolidating and normally they are tight on pinches. so maybe the timing was just off in general. or maybe some of the above plays in. maybe the timing was off because news was not ready yet and someone knew it and knows around when it will be so pps needed to be held in check. just a theory.
but the part about short volume, recent trading, and reasons to short well those are more solid... plus as mentioned by others accumulation is growing which shows buying and normally leads to pps spike, this can be shown/compared on countless historical charts.

sorry for the long post but i tend to do that

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion