InvestorsHub Logo
Followers 376
Posts 17197
Boards Moderated 3
Alias Born 03/07/2014

Re: Gaintrader post# 11254

Wednesday, 10/08/2014 11:04:26 AM

Wednesday, October 08, 2014 11:04:26 AM

Post# of 106841
"Most of the market has been selling off the last couple of weeks."??

The broader market has not been "selling off" to a loss of 25% to 30% in just a one month time frame as BHRT has? Thus "comparatively" BHRT has not "held up" up at all relative to the general market(s) IMO?

Further, in a 5 or 6 month period from the April/May BHRT PR run-up (.06 to .08 price range), one would now be down 60% to as much as a 75% loss (needing a 200% plus gain now just to get back to break-even)- while the broader markets have made huge gains? Again, how would that show BHRT "holding up comparatively well"

Not seeing it?

This AM, on higher volume, it's now dumping off, down almost 11% in a single move- and looks like it might test breaking below 2 cents here. The overall market is "flat" right now at best.

BHRT has broken well below it's 200 DMA and the 50 DMA also crossed under the 200 DMA. It's in a strong down trend and technical weakness, contrary to the overall market(s). BHRT has also been trading very sporadically for over a month now IMO, some days (recently) only trading maybe $2K for an entire trading day- with periods longer than 1 hour, sometimes 2 hours w/o a single trade being posted. It then gets a higher volume spike like just now this AM, and it drops almost 11% in a single blip- not very reflective of any broader market patterns that I'm aware of?