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Alias Born | 03/07/2014 |
Tuesday, September 29, 2015 5:48:41 PM
Yep, that's another one for the BHRT record books. It just put in a new ALL, ALL, ALL TIME LOW today of .0016 on mega volumes of over 21 MILLION shares traded- in another massive down-side move/collapse. HOLY FREAKING COW.
AND THEN, for the comedy part- the dilution MM's "gamed it" on the close "painting it" supposedly "green" at .0025 on a few shares traded, BUT, the closing Bid never left the sub .002's, ending at .0018 on the day, LOL !!!!!
FREAKING AMAZING. These dilution OTC mm's "painted the tape" again on the close- but the Bid stayed pinned down below .002 now.
EVER LOWER LOWS and LOWER HIGHS- it's in mass collapse free-fall and NO END IN SIGHT that I can see?????? NONE.
Going from bad to worse by the day, literally IMO.
The "real price" at the close today then is .0018, as that's all the Bid was; which means that's all one can/would get for their shares if they wanted or needed to sell them. The mm's on the close- had the spread jacked wide open to a MASSIVE 20% plus or so, jacking that phony Ask to .0025 after the common shares spent most of the day buried down at the new LOW of .0016 and the .0017 area now.
Like stepping under a lead boat anchor going to the bottom. AND, no one even knows when they're gonna actually make the massive 1000 to 1 R/S reverse split effective which will likely wipe the common shares for even some more big losses IMO. Who would buy 100K shares today ( 100K shares is now a pittance of $200 bucks worth, LOL!) - knowing that those 100K shares will be 100 shares in short order after they split um, LOL???
TRAIN WRECK to me.
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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