goldminingXpert (29.77)

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Hemispherix Bio is a complete scam

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June 05, 2009 – Comments (7) | RELATED TICKERS: HEB , SCA , M

The 1,000 shares you bought today will not be worth enough to buy a cup of coffee in a year or two.

The fact that this company is a complete scam has already been discussed here (in the comments section. The original post really isn't that good but the comments are.)

Here is more proof

HEB is a company that was sent public by Stattron Oakmont (the biggest pushers of scams ever) and has stolen shareholder money ever since. All they do is lie about their 30-year old GENERIC drug that doesn't do crap and then pump up the stock to cash in their stock options and dilute the company more. Anyone green thumbing this should be ashamed of themselves.

If HEB were such a good deal, why were they diluting themselves last month selling new shares at $1.34 a share? Why? Because even they didn't think they could get the scam this far going again. This was a 35 cent stock in March and will be a 3.5 cent stock--or less--within a couple of years.

7 Comments – Post Your Own

#1) On June 05, 2009 at 1:38 AM, TSIF (99.96) wrote:

THANKS again GMX for setting this straight and for linking to my blog! I guess I got a little excited when my "1,000 shares" jumped by so much. Of course I had no intention of holding them for more than 2-4 days (FDA reply by Tuesday), but I do appreciate the advice on NOT staying long!

GMX: The original post really isn't that good but the comments are

Yes, I admit I was in a rush and I did try to play both sides and warn about bios, listed the risks, and why I thought it was iffy. I even included some comments that were similar to yours about how the drug had been pushed for ten years for every disease known to man and how part of the hype was flu related, but you definitely said it better than I did, although it sounds similar. (Which comments specifically were good? I'll try to model after them).

From your comment in jowenmofield's blog on HEB:

GMX: You should be ashamed for green thumbing this

I am ashamed GMX. (I'm also sorry that I didn't open it sooner so that my 7 days would be up sooner, of course I'd also have 50 more pionts like Jowen, but I know that's the wrong attitude).

I'll close my upthumb as soon as I'm allowed. It will serve me right if it drops back to zero OR NEGATIVE while I'm stuck with it.

I'll sell the stock I bought this week and if I have any profits, (Very unlikely as I'm sure that I'll lose my 60% upside before I can blink in the morning, then 'll donate it to charity).

I know you would never spot a trend or movement on a stock and jump in on it for a quick profit or CAP's points! I'll try to do better!

Thanks for the constructive criticism, like most here, I really appreciate your input!

THANKS!

TSIF

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#2) On June 05, 2009 at 9:30 AM, goldminingXpert (29.77) wrote:

I may have been too harsh. What I mean is that after reviewing the history of Ampligen, it should be clear it doesn't have a prayer of getting approved. If you want to trade it/green thumb it for 7 days, go ahead, but it should be on the explicit basis that it is in fact a short-term trade.

Congrats, it is up more this morning.

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#3) On June 05, 2009 at 10:48 AM, TSIF (99.96) wrote:

Thanks! I thought that's what you meant, but you seem to have a "history" with this one! I did stab it a few times myself such as suggesting it was a CIALIS replacemnt. I think your shinola use would work as well.

I have a few I've followed for awhile that are good companies but management is an IDIOT. Those really get me going! I don't usually get too bitter at one because it's a scam, but I haven't been at this very long! I do hate to see FOOLS and their money parted by deception. But in this case they have been forewarned.

Happy trading, crazy day! :)

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#4) On June 05, 2009 at 11:18 AM, goldminingXpert (29.77) wrote:

HEB fell 50% in 15 minutes today. That's often a sign of a scam.

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#5) On June 05, 2009 at 1:02 PM, portefeuille (99.45) wrote:

feuerstein on HEB: 1,2,3

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#6) On June 06, 2009 at 4:13 PM, GenevaProdigy (27.83) wrote:

I agree with gmX 100%. Such a company will dubious product and being pretty much idle in the last few years and yet still had a surge in price is a pretty obvious sign. Too bad you got in too early to redthumb it. However you should be getting free points in a year or two.

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#7) On July 08, 2009 at 1:15 PM, ikkyu2 (99.38) wrote:

If I buy 1000 shares today and in a couple of years the stock is worth 3.5 cents per share, I could sell it for $35 and use the proceeds to buy several cups of coffee. So there's something a little off with your math :)

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