Thanks for your response. I am concerned that this stock has become victim of a "short and distort" market manipulation scheme and so I have a Google alert set up to notify me when it finds a new page containing the word "Hemispherx."
good grief - now it really does sound scammy!
plus I saw you had tweeted this: James Rippel ?@jamesripp Jun 2 $HEB Pomerantz released the same PR 3 times in the last month, only while price was rallying. Could there be collusion w shorts HMM I WONDER
I haven't looked at the stock - and probably won't because of time restraints - but any mention of shorts sends up a huge red flag!
"I am concerned that this stock has become victim of a "short and distort" market manipulation scheme and so I have a Google alert set up to notify me when it finds a new page containing the word "Hemispherx."
OK, first - that's just flat out false. The endless claims of "short and distort" nonsense on pennystocks is ridiculous - just like the baloney about "paid bashers" and NSS from Mars. Please let us know how much one needs to put up in margin to short one share of a stock trading under a buck. Do you know?
Second, the only one who's playing the con here is William A. Carter. And he's been playing it for DECADES now.
Do some deep dive research on the history of HEB.
Seriously, one should not invest in companies unless one has completely studied the history of both the company and the management.
And Carter has a long and infamous history with HEB and the Ampligen "stories".
He's gotten quite rich by producing NOTHING for decades except stories and more stock.
Get back to me when you've got those cumulative numbers for Carter's compensation and stock sales since say 1996. Then let me know what he's produced to earn that money.
Hay, one more thing on the "to-do" list. When HEB opened first day of exchange trading on 12 July 1996, the opening price was $2.50. Tell us what that 1996 share is worth today - adjusted for reverse splits since then.
I'll get the ball rolling - this is the performance just in the past 10 years alone from the 2005 reverse split:
Start date: 06/17/2005 End date: 06/16/2015 Start price/share: $1.95 End price/share: $0.22 Dividends collected/share: $0.00 Total return: -88.72% Average Annual Total Return: -19.60% Starting investment: $10,000.00 Ending investment: $1,127.98 Years: 10.00