US Stem Cell Inc (USRM)

[Dragon Lady]

BMAK has backed way, way off the Level II Ask.

Looks like the MM's want to let it breathe a little or are done converting "maybe" for a bit- they did this a few times over the past few months since the Magna deal and all. Exact same pattern. Notice, the day BMAK is moved way off the Ask, there isn't even an opening trade, it's gonna go "flat-line" slow motion now IMO with long periods of no trades, etc. Yesterday had over 2 hours w/o a single trade printing and much lower daily volume.

There's a million plus shares for sale on the Ask right now for starters w/ only 10K on the Bid side (all tilted to the sell side). But no single buyer or opening trade. This has been the pattern for well over a month now that I've observed- I'd expect a big drop in vol now and maybe the MM's will open the spreads real wide and "try" and get it to move up a bit. We'll see. That's been the pattern- they pounded it down for weeks on mega high volumes and now not even an opening trade and the Ask is moved up and BMAK moves off the Ask. Yep.

See what happens here now.

0.0095 / 0.01 (10000 x 1026800)

Only 10K on the Bid and nothing moving and the Bid not really moving up and after that 10K on the Bid (a lousy $95 bucks worth) it's back to .009 and below.

See how long it takes to even get an opening trade and how wide they open the spread today and how much the daily vol drops off- if this is the pattern the MM's have used periodically over the past 2 months or so when they want to "run it" a tad after apparently unloading convertible shares or setting the price of conversion by driving the price as low as possible IMO.