It's hard for me to understand this as well. I've been buying since we crossed 50 cents. In fact, I bought some today at the 34 cent bid. Until the sellers are finished (if you're wanting to build or add to your position), I would just put in a bid for as many shares as you'd like and wait for the sellers to come to you.
Long Story
So far as I know, (and I've been a shareholder from the beginning) the cheapest shares owned by any ORHB investor is 33 cents per share... As a warrant holder... and bought shares at both 33 and 35 cents per share.
However, when the price ran up to $1.50, I figured with $4-5 million raised (somewhere between 12-15 million free trading shares were eventually going to be available to sell. My guess was that we were going to trade lower than the $1.00 level. above this level, people were holding a profit of 3x-5x their initial investment.
Eventually, some of those profits are going to be realized and that will result in a declining stock price... unfortunately for long-term holders seeing such a decline is pretty disheartening and eventually people start thinking it would be better sell their shares and get what they can than to hold them in hope of a long-term success.
I think that's where we're at right now. So far as I know there is nothing fundamentally wrong with the company. In fact, from all I can gather, they are in fact carving out a unique niche and in the process of marketing themselves to hospitals and surgical centers.
I don't know how much or whether they've been or will be successful, but there are some pretty big names of people associating themselves with the company. The latest PR's read pretty well.
Everyone uses the term lately, but I think ORHB has some pretty DISRUPTIVE medical software/technology. As in my earlier posts... no one knows for sure what this is going to become or for sure whether it will be successful. However, some bigger and smarter investors than I have put substantial capital at risk by investing in ORHB. Did the need $20,000 or $30,000 to succeed? Nope. Did they need the guys who put in $1 and 2 Million? You bet.
I think there's not only a future here, but a pretty bright one.
Short Story
I think some shareholder (or shareholders) has become disillusioned with ORHB and is selling out his/their position.
Watch for opportunities with those you trust.
