Part of it is early investors (yahoo) who bought in way lower than the IPO price. The larger part was "gifted" to or options prior to becoming public to the executives. Much like Facebook before they went public. They own the stock for free, about 70 billion dollars worth.
Then you have the huge multiple the stock is trading at, the slow down in the China, devaluation of currency and really enjoyed the recent "letter" urging employees to NOT ditch their stock (each own about , I'm thinking the "take the money and run" may just happen.
There is a 110 billion dollars at today's stock price becoming available to turn into cash in a company that is showing slowing growth and less than stellar "diversification" into other non-profitable, non core business units.
I'm thinking $50 maybe even $45.00, but I deal with the Chinese at work on occasion and I don't trust them. They bend over backwards until they are paid, then it's a whole different story so I'm a little biased
Google "Alibaba and the kingdom of sumptuous stock grants". The avg Alibaba employee earns $10,000 a year but hold $250,000 worth of stock.
More dilution every single day! Q1 and Q2 averaged 300,000 shares A DAY. Carter and Equels got greedy and blew their wad as volume as tanked since then. Should be nice to see how many shares they dumped come Q3!
Will the good news ever stop? I don't think so!!
HEB HEB HOORAY!! Get your lawsuit against HEB today!!
P.S. HEB's insurance premium for fraud has got to be HUGE!
The longs are doing Great!! Living in never never land like usual and love that shares are so cheap!
There is one who likes to brag about owning 280,000 shares all bought in the mid 20's yet he claims he hasn't lost a single penny on his HEB stock! He is the greatest HEB investor ever!! He wants to buy more cheap shares after seeing those photos of people in Lab Coats playing with red coolaid! Personally I think he has genital warts that won't go away is looking to jabbed with a needle full of HEB's Alferon if they ever get to actually MFG'ing it!!
It doesn't even bother him that HEB wants to dump another 60 million shares on the market or that HEB is planning another $77,000,000 dollars worth of shares to dump which should put HEB's share count close to a billion! He likes it!!
The other "longs" are just as delusional as he is. But hey, when you are a paid pumper, you just gotta pump no matter the what!
HEB HEB HOORAY!!
In other words, more than 63% of the company’s outstanding stock remains locked up and will now be allowed to trade which includes insiders.
My thoughts sit and wait. With the Chinese melt down a the last couple of weeks, insiders who haven't been able to cash in are all watching Jack go on a HUGE shopping spree with his new money since the IPO.
I'm staying on the sidelines until this clears.
Heb has lots of questionable activies, the best on is the "asset depreciation" or whatever they called it to garner 5% of newly issued stock sales to be paid to Carter and Equels as a cash bonus. That one really takes the cake. 5% to Carter, 5% to Equels, 4% to Maxim... so the cash raise has a 14% hair cut before it even becomes "company money".
Right Hebmasterbator, keep pumping teh 21st centure cures act! That might sell some newly issued stock. Much like your pumping of fdasia back in 2012!! (do a message board search).
The FDA has already allowed those who want to be juiced up with some Ampligen!! That is what the AMP511 trial is, compassionate use! Plunk down some dollars and you can get yourself some Ampligen!!
If HEB wants it to be FDA approved and for insurance to cover it, a large phase 3 trial is in order to prove it works! Pretty simple really. It's not going to EVER be covered by insurance without a new phase 3 study period.
"because the hedgies cant get cheap shares....."
How much cheaper do shares need to be? There are very few things that can be purchased for .16, I mean really, HEB shares are to cheap to sell at the dollar store, the cheapest place on the planet and yet you seem to believe it's "evil hedgies"...really?
Like Saline, it too can be dosed safely and is often used as a placebo and has no proven biological effect just like Ampligen!
Exactly what ninja stated... not to mention that HEB I'm sure paid Bob and other to "testify" much like they did at Adcom.
It will go no where. IF HEB would have started the phase 3 like the FDA has requested twice now and had an interim analysis done, then MAYBE there would be a conditional approval.
But since HEB has done NOTHING to further approval of Ampligen since the first CRL in 2009 (including meeting with the FDA for the review from the last CRL 3 years ago, it's in the 10k if you don't believe me) all this is going to fall on deaf ears.
Way to pump BlueCat!
HEB has plenty of shares to sell At The Market to anyone who wants to buy them!!
There just aren't any buyers!
That makes sense! The Street doesn't make money either!!
Maybe they needs some photos of dudes in white coats playing with Coolaid to show their commitment to making Alferon which there is a ZERO market for and anyone can now make and sell if they chose to do so!!
I wonder way Big Pharma hasn't spent 15 million to make themselves some coolaid? I guess they didn't read the Analyst report HEB paid for that states a 100 million market opportunity (but they fail to mention ANY indication of which Alferon could be used or where there is an unmet medical need for Alferon). Maybe the paid analyst meant newly issued stock sales of 100 million?
HEB HEB HOORAY!!
That way you can avg down on your mid .20's purchase of your other 280,000 shares and hope that another company is going to take the 100 million Alferon Market!!
But HEB will still have the Genital Warts market!!
HEB HEB HOORAY!!
Well, I guess they can just Carter and Equels can just write themselves a nice bonus check to make them feel better and for their hard work walking around the MFG plant.
This is a great read for ANYONE thinking of "investing" in HEB. HEB is nothing more than a stock selling, bonus check writing machine!