I thought this pig would fall back some, but it hasn't. ODSG.pk might be a turd worth watching this week.
Sam, that guys (Ledbed) new pump this week is SMGY. His last 3 OTC plays in the last 3 weeks have been HSPO, CBPC, and currently SMGY. All losers if you bought that Monday and held. I'm really getting sick of the spam email from that newsletter. I have not been impressed with the volume either after the pump so he is not as good as he once was manipulating small stocks.
Yeah, I looked up some of his previous picks last week and they were all pretty poor... I'm just watching the stock for what it is...we'll see where it goes.
Hmmm, two more pump emails reinforming if HSPO: "HSPO quite possibly could be the best company trading on the entire OTC BB. In my opinion... if there is one current OTC BB company that deserves to be on the NASDAQ... it is HSPO. HSPO's Chairman Robert Steven Davidson is the inventor of Zicam Cold Remedy which is produced by MTXX. After I made MTXX my big pick at $8.20, MTXX ran to over $25. MTXX today has close to $100 million in annual revenues from their Zicam Cold Remedy line of products. Robert Steven Davidson believes that HSPO's Enlyten SportsStrips will become an even bigger selling product than Zicam. HSPO is the first company ever to develop thin film-strips that deliver drug actives. I believe the edible film strip business is about to become the biggest boom in the entire pharmaceutical sector. Believe me... HSPO's products will become the hip new fad amongst the youth. Middleagers will love their convenience and portability. The elderly will love the ease of ingestion and premeasured quantities. Enlyten SportsStrips was just launched this month and I believe huge distribution deals will be announced soon. I believe every single athlete will soon be using Enlyten SportsStrips, just like they all drink Gatorade! There simply is no more faster and more convenient way to replenish your body's vital electrolytes!" Actually, I kind of like this product and looking forward to buying it myself including the hangover strips. I wonder if it will become the new fad among athletes...The more I research it, the more I like it. I have no position yet( if ever). It is an OTC stock which turns me off but if anybody has thoughts on HSPO, I would appreciate feedback.
I have no problem with OTC stocks and you may very well have picked a winner with HSPO. My concern is where to buy it. I'd rather be in at 2 bucks or less if it's stuck between that and 3. Unless there is major news pending. At this point I guess if it rockets up and over 3 on news I'd be dumb not to jump in. But if there is no news pending I'm betting there is a chance to get it at that 2 dollar target before too long. Just my thoughts. I'll put it on my watchlist and look for an opportunity to get it below 2.
Yeah, last week it hit 1.75 and I almost bought. I think its wise to wait till below 2 as well to pick it up and give it a shot. Very thinly traded now and light volume for a few days...