US Stem Cell Inc (USRM)

[Dragon Lady]

4 weeks under 200 DMA and bid has been dropping steadily. Bid dropped again today and hit the .022 area on higher volume sell off. Making lower highs and lower lows.

The technical chart death-cross formation is setting up as the 200 DMA and 50 DMA just started to meet today.

It hasn't been able to trade above the 200 DMA now for near a month and is well below the 50 DMA meaning a sustained down trend is in place.

End of year on this one has been typically weak when looking at longer term chart- would not be surprised IMO to see it break under 2 cents now, or before end of yr. Last yr it made its all time low of 6/10ths of one cent in the DEC time period, not that far off, and was in the 1 cent range leading into that all time low.

PR's haven't budged it and volume has been way, way off this past few weeks, unless a sell off day like today. A few days now, it literally sat, and didn't have a single trade for 2.5 hours or more, after only trading maybe 10K to 20K shares after the open (about $250 bucks worth in the one case).

Wondering what happened to that big funding news? 2 BILLION shares authorized, but no other word on anything else? Looking pretty weak here IMO. Will have to wait and see.