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Thursday, March 22, 2007 7:20:55 PM
BHUB short squeeze of historic proportions setting up.
1. Was there a 1 for 1000 reverse split a year ago?
2. Did the MMs screw it up and think they are dealing with a multi-billions O/S stock now, but which does not reflect the reverse split?
3. Did the MMs short BHUB to the tune of 1.3 billion shares on March 8, 2007, not realizing the float should be approximately 20 million shares?
At this point, no one really knows. What we do know is that the CEO of Cyberhand Robotics, the reverse merger partner for BHUB, has stated that the BHUB float "should" be approximately 20 million shares and he "does not understand" how it could be trading with such volume since the 1.3 billion volume day. BHUB is a non-operating shell and, apparently, has not been operating since 2000. I'm basing that on the fact that BHUB's last accessible SEC filings were from 2000.
4. So why would a non-operating shell stock issue more stock/dilute when they aren't even in business. The logical thing for a shell looking for a merger partner is to reduce its share structure in order to make itself an attractive merger partner.
5. Most everyone is assuming that BHUB's O/S is in the billions, based purely on the volume of shares that have traded the past 2 weeks. But all indicators, including accessible SEC Filings, information from Burke, even the way BHUB trades, is indicating a small float.
6. Anyone who assumed the MMs don't make mistakes missed on the PAIV approximately 25,000% run and the AWYB approximately 10,000% run. In both instances, the MMs made mistakes (sold restricted shares in PAIV and failed to properly record a reverse split for AWYB). So why is it beyond belief, with all indicators and nothing to the contrary being able to be produced, that the MMs screwed up BHUB?
So, the "short" answer is that no one really seems to know what is going on with BHUB. But the Fog of War is where opportunity lies for us penny stock traders. If you wanna dance, bring your dancing shoes! Don't come to the dance and sit there and watch. If your reading these message boards and you have a brokerage account and you trade penny stocks, BHUB may be an opportunity of a lifetime. Finding an opportunity of a lifetime is why we trade, isn't it?
1. Was there a 1 for 1000 reverse split a year ago?
2. Did the MMs screw it up and think they are dealing with a multi-billions O/S stock now, but which does not reflect the reverse split?
3. Did the MMs short BHUB to the tune of 1.3 billion shares on March 8, 2007, not realizing the float should be approximately 20 million shares?
At this point, no one really knows. What we do know is that the CEO of Cyberhand Robotics, the reverse merger partner for BHUB, has stated that the BHUB float "should" be approximately 20 million shares and he "does not understand" how it could be trading with such volume since the 1.3 billion volume day. BHUB is a non-operating shell and, apparently, has not been operating since 2000. I'm basing that on the fact that BHUB's last accessible SEC filings were from 2000.
4. So why would a non-operating shell stock issue more stock/dilute when they aren't even in business. The logical thing for a shell looking for a merger partner is to reduce its share structure in order to make itself an attractive merger partner.
5. Most everyone is assuming that BHUB's O/S is in the billions, based purely on the volume of shares that have traded the past 2 weeks. But all indicators, including accessible SEC Filings, information from Burke, even the way BHUB trades, is indicating a small float.
6. Anyone who assumed the MMs don't make mistakes missed on the PAIV approximately 25,000% run and the AWYB approximately 10,000% run. In both instances, the MMs made mistakes (sold restricted shares in PAIV and failed to properly record a reverse split for AWYB). So why is it beyond belief, with all indicators and nothing to the contrary being able to be produced, that the MMs screwed up BHUB?
So, the "short" answer is that no one really seems to know what is going on with BHUB. But the Fog of War is where opportunity lies for us penny stock traders. If you wanna dance, bring your dancing shoes! Don't come to the dance and sit there and watch. If your reading these message boards and you have a brokerage account and you trade penny stocks, BHUB may be an opportunity of a lifetime. Finding an opportunity of a lifetime is why we trade, isn't it?
10-Baggas Factory
http://investorshub.advfn.com/boards/board.asp?board_id=7516
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