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Hurricane_Rick

01/27/07 11:47 AM

#3343 RE: PinkElephant #3341

PinkElephant

I would say that the much of the recent upswing has been caused more by word-of-mouth buying pressure which most times isn't as dramatic or feverish as event-driven buying pressure that we often see with "the latest hot stock". Most times word-of-mouth buying pressure is fueled by rumors or anticipation of certain events. I think Hemi is unique in that there really isn't a specific short-term event that has inspired an influx of new buyers and momo players to give us that serious spike followed by the inevitable drop. Sure there has been and will be some very positive newsworthy events, but the word-of-mouth buzz on Hemi is more like "check out this unique pinkie with the low float that is super cheap and that is cash flow positive and has no debt and is really building out a viable business." I think this attracts a different kind of investor/speculator...one that relies more on business fundamentals than chart metrics and one that is probably going to hold longer than a rumor or chart chaser.

Regards,

Rick