Hollund Industrial Marine Inc. (HIMR)

[tradeho]

Red paint jobs at the close is the only reliable precursor to big dilution. We have not seen that lately in HIMR. So far, .0003 seems to be the conversion price for note holders. Only small hits at the .0002 bid. Hopefully the market can absorb the 3's, until notes are covered and substantial news overcome the selling. Watch for red paint jobs at the close, this allows note holders to convert at a lower price (conversion price is typically a percentage of previous days average closing price).