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Tuesday, 01/06/2015 12:28:00 PM

Tuesday, January 06, 2015 12:28:00 PM

Post# of 106841
WHAM !!! Down 19% in a blink.

They just hammered it back down on a very small trade- both vol and dollar wise.

Looks like the Magna guys or whoever decided to come back from vacation on Tuesday maybe?

That is/was a "classic" convertible debt or Magna style "ratchet" IMO. They hammered it for a week or two, then they let it walk back up on some lower volume, very high spread days to build the price back up and put their shares back "in the money" and then pound it for another round of making their money. Wash, rinse, repeat. All while keeping a continuous down trend in place and making ever LOWER HIGHS and LOWER LOWS along the way as they play the "ratchet" down, in cycles of shorting and covering, shorting and covering. The classic death spiral it looks like to me.

http://www.otcmarkets.com/stock/BHRT/quote

Wow, that was a lightening fast hammer. And it's not on much of a trade. I can't see the exact number, but "maybe" a few $thousand bucks or less? Looks like not even that much based on the volume, maybe like a $500 trade or less that sunk it 19% in a single slap. Holy smokes. Amazing.

Wow. Gonna be tough sledding going ahead IMO, too much cheap share and dilution overhang. I posted the proxy dilution numbers- they updated them through Dec 31, 2014 and they are staggering IMO. Dilution is just tearing along un-abated IMO and no "revenues" have not made a dent or a difference that I can see.