The Big Move Behind Horiyoshi Worldwide (HHWW)

Posted in General 
December 10th, 2010

Horiyoshi Worldwide, Inc. (OTCBB: HHWW) has virtually come out of nowhere and is one we have never covered nor that we are likely to cover ahead as long as it remains a bulletin board stock.  This is one that a trader pointed out to us simply with the big question “WTF?” yesterday and today.  As it is bulletin board you are entirely on your own but there is a story here as to why investors and speculators are behind it.  Horiyoshi Worldwide has risen for literally more than 20 trading days in a row.

DEC-NOV Date   Volume     Close
Dec 09, 2010.  7,662,500  $3.10
Dec 08, 2010.  5,457,800  $2.70
Dec 07, 2010.  7,227,500  $2.21
Dec 06, 2010.  3,374,400  $1.88
Dec 03, 2010.  2,763,600  $1.80
Dec 02, 2010.  1,061,000  $1.69
Dec 01, 2010.  1,557,900  $1.65
Nov 30, 2010.  2,317,800  $1.63
Nov 29, 2010.  2,404,100  $1.58
Nov 26, 2010.  1,580,600  $1.56
Nov 24, 2010.  2,982,800  $1.54
Nov 23, 2010.  3,879,200  $1.49
Nov 22, 2010.  1,362,500  $1.41
Nov 19, 2010.  1,393,000  $1.35
Nov 18, 2010.  1,068,900  $1.28
Nov 17, 2010.  1,747,500  $1.22
Nov 16, 2010.  690,400      $1.15
Nov 15, 2010.  274,500      $1.08
Nov 12, 2010.  288,873    $1.08
Nov 11, 2010.  622,489    $1.06
Nov 10, 2010.  949,525    $1.04
Nov 09, 2010.  1,371,065  $0.99
Nov 08, 2010.  123,055    $0.85
Nov 05, 2010.  20,000     $0.80

The news wires have shown distribution deals being announced, as well as small company financing.  This appears to be a cult stock that is running as it signs more high-end distribution deals for its apparel line.

Here is the company’s description in its press releases: Horiyoshi Worldwide Inc., designs, manufactures, and markets Horiyoshi the Third, a high end clothing and accessories product line based on the artistry of World renowned Japanese Tattoo Artist, Yoshihito Nakano (Horiyoshi III). Its line is being sold in approximately 45 luxury retail boutiques located in 25 cities worldwide. Debuting in Fall 2009, HIII has been featured in leading fashion publications such as the New York Times, International Herald Tribune, the Los Angeles Times, Anotherman Magazine, Vogue and Style.com.

Again, this is a bulletin board company and we do not prefer to generally cover these types of companies.

Consider this as one of those that “POSTED WITHOUT OPINION.”  Still, we had to take a look when there are moves of this sort.

JON C. OGG

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