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Re: Dragon Lady post# 5847

Tuesday, 03/11/2014 11:43:25 PM

Tuesday, March 11, 2014 11:43:25 PM

Post# of 106838
This appears to be somewhat misleading "It traded down HARD on 3 or more times the volume".

The RECORDED trade numbers show that $BHRT traded UP for 3 days (3/4, 3/5, & 3/6) with a volume of 42,293,016 shares, and DOWN only 2 days (3/7 & 3/10) on volume of only 24,512,103 shares, before again turning around and trading 3,430.364 more shares UP again today.

What I am seeing is $BHRT traded UP twice the number of days, and on very nearly twice the volume too!

As you have pointed out... "Watch the VOLUME as much as you watch price action- it tells more of what's really going on."

Which has some relative truth to it, but to provide an accurate viewpoint of this theory requires more than a single day's trading activity to show the direction of $BHRT's true underlying momentum.

As nearly anyone can easily observe, $BHRT is currently enjoying a very strong pure momentum BULL mode move. This is due to all the "dirty" public information being already known by BHRT investors, and has been very well baked into the PPS over last year when this information was first reported and still relavent.

Volume could also be "drying up" due to profits have already been taken, and remaining investors care to hold for a better day, soon to come.