General Discussion - NYSE, NASDAQ, AMEX Stocks Under $5.00

[kick69]

Hey dont you think eventually SAPX might again be a good play when and if it gets down closer to .01?

[bawanyh]

HUSA falling for no reason  something is up

[wildduece2]

Do you think it might be the shorts manipulating? I know people say that a lot.... but it is  just under 10% short. I'm in, but watching carefully.

[bawanyh]

Im out I dont like the action, could be insiders dumping before some bad news.

[Dandc3]

Do you think it might be the shorts manipulating? I know people say that a lot.... but it is  just under 10% short. I'm in, but watching carefully.

could be..SAPX just came out with a letter to shareholders saying that was exactly the case for their stock.

[justonian]

SAPX always blames the shorters tho.  They just dilute the ever living hell out of it, reverse split, and dilute the ever living hell out of it again.  CEO is a crook imho.

[justonian]

HUSA falling for no reason  something is up

Yeah doesn't make sense.  I see no news.  Maybe an officer or big shareholder dumped on the bid.  I'll probably avg down if it dips below 20%.

[bawanyh]

HUSA falling for no reason  something is up

Yeah doesn't make sense.  I see no news.  Maybe an officer or big shareholder dumped on the bid.  I'll probably avg down if it dips below 20%.

I wouldnt touch it at all. Could be some insiders selling earlier, there are rumors of BK. Im glad I sold at .51.

[Stretcher75]

Damn, I forgot to share OTT with everyone yesterday morning. It's having a nice little run.

[justonian]

Nice one stretch.  Bawanyh where are you getting the rumors of BK from?  I'm a bit baffled for this drop, insiders selling is the only thing that makes sense.  Hope they fry, as it's totally illegal to sell without providing the same news and giving the rest of us the chance to make a decision.

[Dunadoni]

HUSA got out at 0.48 One of the worst plays  for me in  months. You cant win them all

[justonian]

I still don't see any inkling of a bankruptcy with Husa, other than a few clowns on IHub.  IMHO, they were probably shorting it to scare people.  I'm staying in and seeing this one thru further.

[justonian]

So, yeah... all I see is AugustaFriends saying "HUSA rumor has it a BK is in the works. ouch POS - My worst trade in 2012..", and it being spread again by Zephyr using almost the exact same language "HUSA rumor has it a BK is in " on 2 separate boards.  I don't know these 2, but I find it odd they'd use the same phrasing just a few minutes apart.  IMHO, they are shorting it, and if they are, I hope they get burned.  I'm definitely staying in until there is real news. 

Bawanyh, if you got your info from someone other than these 2, please let me know. 

[bawanyh]

Yeah thats why I said "rumors" because there was no solid proof/link but either way, Ive been following this stock since it was around $1, got halted and dropped to about .65 on bad news. It has been dropping ever since and doesnt look like it has found a bottom yet. The selling in the am could be someone shorting or insiders unloading. Either way I dont trust this stock and would not touch it, but good luck to anyone still holding.

PS. I dont know who Zephyr is but Augusta is pretty reliable and a good guy.

[justonian]

Cool deal, that gives me more comfort.  Thanks man.  I'm gonna roll the dice on it, but keep an extra close eye on it.  You're right about the continuous drop, pretty much from the beginning of the year at 14.70 to it's current price. 

Definitely a gamble play, but a huge profit potential.  Send good luck my way, my shoulders are aching from carrying heavy bags