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Re: BluSkies post# 14758

Thursday, 04/16/2015 10:29:23 AM

Thursday, April 16, 2015 10:29:23 AM

Post# of 106837
".008 on the bid?" YEP.

0.008 / 0.0085 (22500 x 28500)

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

The MM's got the spread opened GRAND CANYON WIDE on this now- they're hunting for buyers IMO. Trying to get anyone to "take" at these prices. But look at the spread- it's enormous, meaning there's not much real organic, retail buyers or buying pressure. It's just being made to look like it's "up big" using a spread so big, that if one bought now, the instant after they own the shares, they'd have to sell 20 seconds later at a 10% plus loss to even "try" and get out if they wanted to.

This is the BHRT "breather" pattern- these MM's always use a mega-wide spread on this one, until the dilution boys get back in and put the foot down on it. Seen it so many times- it's always this same pattern IMO.

If this doesn't move big, and I mean really big, then IMO we'll see the dilution MM's step back down that Level II in a blink, like any day or any moment now. CDEL is parked a little ways out. BMAK just pops in and materializes out of nowhere typically- they just show up with their infamous 10K share block, and it's instant "party over" in a blink IMO.

This is the "BHRT pattern" to me. Volume has dropped off quite a bit today and then spread goes GRAND CANYON wide as the MM's hunt for new buyers, buyers who don't know the BHRT "gig" yet IMO.

There it is, CDEL just slid into 1st position on both the Bid and the Ask dropping it to .008 X.0085, meaning they "bracketed" it now. That may be the "start" of the dilution boys being back IMO- we'll have to see as the day goes on.

50 DMA doesn't mean much at this point on this one IMO, as the 200 DMA and and the 50 DMA are still inverted. Meaning the stock has never even come close yet, to even coming close to making any kind of technical reversal, not for months and months now. It would need to break above the 200 DMA, get the 50 DMA to break above that to even show the first signs of being in any sort of actual "technical" or chart reversal and actual up-trend of any kind. Not happening yet, not even close.

200 DMA is clear out at .017. It'd have to break that first, and stay there until the 50 DMA broke that and moved higher - to even start an up-trend IMO.