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Saturday, March 15, 2014 11:36:43 AM
When this happens to the degree it appears to be happening now here with BHRT, it tends to create a somewhat sticky situation for the MMs to legitimately secure the shares needed for their crony friends to cover at a profit with, or even just to cover the shares they borrowed. (I just innocently wonder why/how two quite large trades were filled @ .039 last Thursday, when the current bid at that time was @ .042, and larger than the orders that were filled... ; ) o .
If my subjective observations are relative to only a small percentage of the float, if BHRT continues maintaining a PPS above the .04 mark, a nice (big) short squeeze is likely to start to developing in earnest by this midweek coming.
Bottom line, I would not be feeling very confident about my prospects if I was short on BHRT right now.
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