Replies to post #1089 on Heartland, Inc.(fka HTLJ)

[investlite]

i've not paid too close attention to how big the sells back down to .25 are but i would guess they aren't very large. every time this gets a fair chunk of volume we go right through .25 but it's soon followed by a sell or short back down to .25, for some reason or another someone is selling/shorting to keep it here. maybe it's the share buyback, maybe its the mm's trying to pick up any shares they can or cover what they can, who knows, but I doubt it's dilution/insider selling. I could be wrong of course, it wouldn't be the first or last time!
GL

[slapierre]

I'll repeat myself

Company buyback going on, this is the same pattern as we saw when the last insider bought back the shares (300 k+).

MMs must have some sort of mandate to buy back below a certain price and to keep it there, the stock was shorted. On the few days where there where large volume, the ask moved and was brought back after. So it not one seller that have a gazillion of shares sitting at 0.25$.

When the mandate gets filled on the buyback, I am sure MMs will participate in the run at one point to cover during any pull back.

It not a conspiracy, this is held there intentionally to serve a prupose, and I bet it's almost done. In retrospect, seeing how management is playing everything lately, this is an organized plan and they are following it.