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Friday, January 02, 2015 10:33:15 AM
Looks like this is the "new normal" in here. The 1 CENT range, maybe even below if those "big boys" unload in the millions of shares like they've done for weeks now.
It's just trading on the 4% or so spread right now on very low volume.
About $1,400 bucks so far for that little 4% bump.
For the past 2 weeks or so, it dropped when an exact 500K block was popped off each time. Exactly at 500K shares each, big down day. Sometimes 2 in a day. A perfect red-line on the vol part of the chart, at exactly 500K shares.
As in last trading day. It opened on like .82 cents traded, then sat, parked for something like 1 hour. Then a perfect, 500K block was printed and dropped it 9% plus in a blink. That's been the pattern now for 2 weeks or so.
Wonder who can print and pop-off perfect, 500K blocks, apparently "as needed", many, many days in a row? Must be a "big boy" selling IMO.
MM BMAKN still sitting on the Ask with tiny share amounts like $100 bucks worth. Google brings up a lot of commentary that BMAK (BMAKN) is notorious as Magna and Asher and similar. A dilution MM of penny "fame".
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