Tuesday, May 24, 2011 8:30:46 PM
Go figure.
I hate to burst shorts bubble but, healthcare companies with undervalued market capitalization and tight share structures such as HNSS tend to make fast breaks to the high side when they run.
Demand for small, undervalued healthcare companies tends to build slowly as investors learn about the company through other investors and on MB's.
Anticipation of HNSS's forward looking news and the company's full Disclosure plus financials, not to mention notice of uplist, CE approval and patents are all events that slowly cause the bid to rise to a point where it begins to pursue the ask.
The Audit prevents (at least temporarily), the further NSS, so the only way for the MM's to provide liquidity for the market is for them to sell from inventory or acquire shares from shareholders at higher and higher prices until demand is met.
Demand will satiate only if the stock becomes over valued. which is a different story.
IMO.
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