3SOF

Quote from: eggman11 on November 15, 2005, 11:16:05 AM
David,

I would really like hear what you think of the latest earnings reportand the other recent activity concerning HQSM. They look like they are on track for big things ahead. Would you add more at this level? and has your target changed as a result of recent developments?

Thanks

I'm sorry I took so long to update my analysis on HQSM.OB. Here's my take:

- Earnings were good and confirmed the «awesome fundamentals» of HQSM.OB.
- But, the 200 hundred year old sentence «buy the rumor, sell the fact», did it again.

So, people sold off on the good news. But, thinking of the future, it seems much better than the present (which is much better than the past) and with about $50M in market cap this company is undervalued.

No doubt I'll continue holding for the foreseeable future.

I would really like to hear what you think about - 10.5%? Do we see once more "news selling"? What did CEO Norbert Sporns say in Money TV? 

I'm going to listen to the interview in a moment.  I don't get the drop either unless it's coming down to test the ascending trendline.  If that is the case, this decline is very good - it'll shake out any weak hands and give a more committed base for the next leg up.  I'll post a synopsis of the interview...

OK, here are some of the main points I gathered from the interview:

HQSM is the #1 exporter of Talapia from China to the US.
Focus on 0 toxin product
Talapia market increasing in US and EU
Toxins from industrial waste
Fresh water talapia eliminates toxins - targeting high end groups such as Whole Foods in US and distribution systems in EU.  Responding to demand for higher quality product.
Talapia an important product because it doesn't have the fishy taste or smell of most seafood product, hence the popularity and increase in demand.

Quarter results - best quarter since being listed 18 months ago.
Tip of the iceberg in growth potential.

Wants to increase awareness of 0 toxin product.

Aquaculture filling increasing demand with a superior product.

Seafood industry at a crossroads being able to produce a quality product to supply the demand of the markets.

Mentioned a foundation that is willing to fund future expansion.  Seems to think this is a great thing although doesn't give more information.


The interview really didn't provide any new information except maybe the financing from some foundation.  I remember hearing something about this already so maybe it's not new either.  I have felt all along that the potential for HQSM is huge anyway - especially once they continue to expand production and further distribution through grocery and restaurant channels.  I am slightly overweight on HQSM and will continue to add if I can kick some of my other laggards in the butt and get them moving. 

Hmmm....  Trying to move back up....  Still some selling pressure though....

I'll put in my two cents.  It looks like it's shaping up to be an interesting afternoon.  Feeling pretty strong with my position.  I'm likin' the bounce
here.

Thanks basonista. You are right - there are nothing new in the interview.
I've increased my position at 0.425 

 

I'm learning more and more about MM manipulation of stock.  Just posted a response to KCScott about it on the TIII thread.  The dropoff on HQSM this morning is a good example.  High volume selling with a plummet in price to trigger trailing stops that people have set.  Then they gobble up (haha, Thanksgiving next week, get it?) all the shares on the way and the price starts to creep back up to where it was before the fall.  I don't know who can set trailing stops on OTC stocks, I can't with Ameritrade, but you see pretty much the same pattern whenever it happens.

I think it breached all its support. and its down 10%....

Any comments...

- Dhiraj

Quote from: dhiraj19 on November 21, 2005, 12:38:52 PM
I think it breached all its support. and its down 10%....

Any comments...

- Dhiraj

well Dhiraj19 price action isnt looking to pretty but it still managed to rally from todays low to close above the ascending trendline so there appears to be support on the ascending trendline. I hope to see a nice rally tomorrow on heavier volume than today. Lets hope so 

-fousc

According to Buyins....HQSM has been on the naked short list since the last 2 days.

http://www.buyins.net/tools/symbol_stats.php?sym=hqsm

isn't that pleasant


good luck to us

julia

awesome news out


HQSM Receives Letter of Intent for Major Support From U.S. Foundation
Tuesday November 22, 8:08 am ET


Announcement Made in Wide-Ranging Business Interview on www.moneytv.net


SEATTLE, WA--(MARKET WIRE)--Nov 22, 2005 -- HQ Sustainable Maritime Industries, Inc. (HQ) (OTC BB:HQSM.OB - News), a leader in zero-toxin integrated aquaculture and aquatic product processing, announces that a West Coast-based U.S. foundation has provided HQSM with a Letter of Intent for funding the development and expansion of the Company's zero-toxin aquaculture production, which HQ conducts in part through cooperation with aquatic farmers in China and various developing countries.
Norbert Sporns, CEO of HQSM, announced the receipt of the Letter of Intent in an interview conducted by MoneyTV.net last Thursday, November 17, 2005. "We have received a Letter of Intent from a major foundation in the U.S. which has indicated its willingness to fund our expansion for years to come, based on the profile we maintain both in producing very high quality, toxin-free products and doing tremendous good for communities where we are operating in developing countries," Mr. Sporns told the interviewer.

The interview, which discusses a wide range of matters regarding the Company, can now be heard on www.moneytv.net. Broadcast of the show on various television stations began on Saturday November 19, 2005, at 6:30 a.m. ET and PT., was rebroadcast Sunday, November 20 at 8:00 a.m. and 11:00 a.m. ET; and continues today and Tuesday at 7:30 p.m. ET and on Wednesday at 7:00 p.m. ET. Specific channels for different locations are listed on the Web site.

Regarding the LOI, Mr. Sporns said, "This is something we did not expect and that I'm sure our investors will be happy to see in the coming months."

The foundation has proposed to provide HQ with several million dollars to support the Company's new marketing and branding campaign to achieve a high profile in the United States. Subsequently, the foundation would provide additional funding as the Company progresses for the foreseeable future. In return, HQ will place an officer from the foundation on the Company's Advisory Board and would make a voluntary annual contribution to the foundation. No assurances can be given that such funding will be provided or that a definitive agreement shall be reached.

Has David abandoned all of the stock in his 3penniesonfire portfolio?  Last updates are on the 17th.  David are you there, WE NEED YOU.

Hi la-onda,
Unfortunately, I don't see "awesome news out" 
To my mind, it's "old" news: Norbert Sporns, CEO of HQSM, announced the receipt of the Letter of Intent in an interview conducted by MoneyTV.net last Thursday, November 17, 2005".

Hi fousc,
What are you see today regarding HQSM? I'm not an expert in TA, but I'm afraid, if HQSM will close below 0.42 (0.41), next move could be breakdown up to 0.375-0.35 or... 0.275.
I don't like MACD negative peak-trough divergence at all. So, I see in HQSM only "Awesome fundamentals" still in the game, but in OTC stock "fundamentals"  is a very insecure category ("HYRF history" still stays before my eyes...).

Any comments.... 

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hey Gri64,

Sadly price action had a downside breakout of the ascending trendline which doesn't make me happy..........at all . though support looks as though it may be building at .42. The lows of the last 3 days have been .42. As well price action lows hung out around .42 before this last rally. If this support doesnt hold tomorrow i will sell before the close.

-fousc

Good luck everyone and lets hope for a rally tomorrow