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squeakyg

08/01/07 2:06 PM

#64092 RE: spencer_has_arrived #64084

DCA'ing and Flippers

Two very intelligent explanations to explain who is buying at these levels, HOWEVER temporarily dismissed due to these
reasonings:

1) All of us should have DCA'ed very easily by now.

2) Flipping with the number of shares sold at .0004, to me dictates buying at .0003 (hasn't really taken place). With no PR's and a gloomy last 10 months, who in their right mind would buy that much at .0004 in hopes of getting rid of all those shares at .0005? Extremely risky and one would need to have money to literally burn.
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Jimmy Quick

08/02/07 2:22 AM

#64106 RE: spencer_has_arrived #64084

In my opinion, they would be better off taking out a line of equity or using a business credit card at this point. Paying 10% interest or even larger would be better for HISC, than selling shares at .0003 and then having to buy them back later at .0004 to .0006. Which would be 25% - 50% interest. They would be digging a hole selling at these levels, in terms of planning a share buyback down the road.