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Wednesday, March 04, 2015 4:14:25 PM
That's an old article and makes no sense IMO. Explaining why a company that's been around for what, 15 yrs is like a "garage operation" and still only worth one CENT a share or whatever? A long ramble about a bunch of successful companies with zero relationship to this one- and why because they were successful, one is now supposed to "imagine" what one cent invested in them would be worth today? What? But they were never penny stock companies that lost over 99.8% of their common share value after having over $100 million in sunk capital lost on them? So what's the "comparison"- there's no logic to that IMO? It just makes no sense at all to me?
What sense does that make asking what the "value" of ONE CENT is? The value of ONE CENT is well, always ONE CENT and always will be ONE CENT. What other explanation is there? Trying to explain away why the common shares of this particular company have lost 98.8% of their value (actually a tad more at today's prices probably) and why they now trade sub ONE CENT via some convoluted arguments and why a common shareholder is supposedly supposed to feel good about that, makes me confused if anything?
Makes zero sense IMO. Just another "blog" that hasn't made a difference to the share price since it was released well over several weeks ago or a month or so now? They don't even date their material on that tiny blog site- any info published should always have a date stamp.
BHRT is trading today on much lower volumes and just on the spread really. The Bid hasn't moved up at all. Saw this same pattern several times in the past few weeks when BMAK moves off the Ask for a day or two. No real buying going on here- just no serious buying interest at all, even at sub ONE CENT. Volume is not even a 3rd of what it was on the past few weeks of large selling days- where it was doing 3 million plus shares a day. Spread today between Bid/Ask right now is almost 10% on very slow moving volume and long periods of "flat-lining" where little trading is occurring (aka ill-liquid essentially).
Nothing new here IMO.
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