SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HeartSoft Incorporated (HTSF)
HTSF 0.00010000.0%Jun 27 11:26 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard L. Williams who wrote (1438)7/14/1999 2:18:00 PM
From: William Nehls  Read Replies (1) of 1781
 
Rick, Have not posted for quite while but wanted to respond to your question. I spend a lot of time with tech analy and have not found much success with these OTC-BB stocks due to the same reasons that you question stock price movement and buying pressure. As we kwow supply/demand doesn't get reflected as much as one would expect due to the MM action.

It has certainly gotten quiet in HTSF land but I watch the real data almost all day on this and many other companies. It is impossible for me to understand the price movement of HTSF with significant buying taking place and yet the stock continues to hold in this 1.375 to 1.5625 range. It is hard for me to believe that MM's would short this much stock. A few thousand shares a day maybe, but this is trading much more than that at what appears to be at or near the asked price.

Lets hope the next month or two brings forth the truth. Do you worry at all that HTSF stopped reporting monthly sales figures? Good luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext