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Wednesday, March 11, 2015 11:46:10 AM
Right as they come down the Level II to park their 10K share block- the Bid side drops and shares move down. (and NO, the Bid has not been "continually moving up"? Where is that happening? It's been stuck at about .0089, .009 max for going on 2 weeks with drops to the .008 range several time. Aka lower lows and lower highs continually, "ratcheting" down in stair-steps)
Looks like .0098 is it now then for the day then? Looks like maybe .01 or so has been set as the "cap" at least for now by MM BMAK . This has been the pattern for months- a few "breathing" days on very low volume and then BMAK comes back.
Notice, the volume took a large spike this AM to over 600K shares (it barely traded anything yesterday) and as soon as that volume came in, is when BMAK appears.
The Ask just got stacked much heavier over the Bid also.
22K shares left on the Bid (about $200 bucks worth) and next level is .0085 again it looks like for now.
0.0093 / 0.0096 (22000 x 309000)
Look like IMO that the dilution MM's are still sitting hard on it and as present as ever.
http://www.otcmarkets.com/stock/BHRT/quote
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