"Based on recorded statements Bioheart Inc has 1.28 K of outstending shares currently sold short by investors. This is much higher than that of the sector, and significantly higher than that of Number of Shares Shorted industry, The Number of Shares Shorted for all stocks is over 1000% lower than the firm."??
That makes ZERO sense? It's not unusual in the slightest, for listed, large cap stocks (say Apple for instance) to have 5%, sometimes 10% of their outstanding float "shorted" at any given time.
BHRT's float is about 420 million shares on the low side.
So even if a modest 5% was "short", that would mean about .05 X 420 million = 21 MILLION SHARES short would be listed as the "open short interest" at any given time.
This web site quoted says 1.28K or whatever the number is? That's 1,280 shares, which is nothing. It's near zero. Makes no sense at all? And it certainly wouldn't be remotely "highest" of all stocks out there or whatever? Not by a long shot. I can find NASDAQ listed stocks by the dozens that have 10% or more of their float shorted, right now today. All over the place and in every industry segment that exists.
I also don't trust the OTCshortwhatever site that was listed. That's just some small time site that peddles a newsletter and stuff. How do they even know when a sale is "short" versus an ordinary sale? There's no easy way to discern that. W/O some credible source like the OTC market itself, requiring disclosure of open short interest (in other words from broker-dealers, as to how many shares they have lent out on margin) I don't know how anyone gets a remotely credible short number on an OTC penny stock like this?
All I do know, again IMO, is that if there is shorting taking place, I'd put my money on it that it's a direct result, 100% correlated to the very firms with who Bioheart is willingly inking "finance" deals- aka Magna, Asher, Fourth Man, etc. That's why those firms are known as share-price-crushers and "toxic" financiers, well, well known in the industry and on msg boards like I-HUB and similar.
Too many people have seen where the share price goes whenever a company gets in bed with the likes of a Magna. Magna is not where financially healthy companies go for "financing", Magna is known as a lender of last resort IMO and that of many others, both amateur like me, and even professional commentators. It's the worst type of financing a company can typically use IMO. So for BHRT to tap into Magna, they must really, really, really need cash bad in my humblest of amateur opinions. Else, they'd go to any other numerous sources of who would lend or finance at far, far better terms than a Magna type firm. That's my 2 cents.
AI
