Followers | 375 |
Posts | 16966 |
Boards Moderated | 4 |
Alias Born | 03/07/2014 |
Friday, May 08, 2015 11:46:16 AM
It's been in flat lining mode- as in several hours yesterday w/o a single trade posting and then the MM's "painted the tape" 40 seconds before the close to close it flat. It looks like a few MM's want it right about 1/2 CENT for a bit right now.
BMAK has it "bracket" on both the Bid and Ask today- and they did yesterday also for a good part of the day.
0.0054 / 0.0056 (21000 x 153000)
Still stacked 7 to 1 to the Ask/sell side but no buyers really stepping in despite the "big news" and the PR stuff about the "great quarter" and blah, blah stuff. PR just doesn't seem to "move the needle" on it anymore IMO.
When it gets to this low volume, slow mode, flat-lining pattern, it's often setting up for the next big leg down from my experience watching it.
If one of these dilution, convertible debt holders does another big round of conversion in here- who knows how low they might take it? Being that it's presently barely sitting off the all, all, all time new low now of .0045, I'd venture a guess the next leg down might take it even to the .003's possibly. Just speculation- but it wouldn't surprise me one bit.
Lower lows and lower highs and treading water right now as a 1/2 CENT stock, like 1/2 CENT is pretty much the "new normal" range it appears perhaps.
Looking real weak in here IMO. Not looking too good.
Interesting blog about the 2015 prospects for Bioheart- raises some fascinating questions IMO:
http://www.ipscell.com/2015/05/bioheart-on-the-edge/
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM