During the August 19 - 21 spike, with over 4 billion shares trading in two days, BBDA needed about 250 million shares for each uptick. Since that spike, the O/S was further diluted as it reached the 6.4 billion mark.
As for the CE, I think that the DTCC's buy restriction is more damaging at the moment than the Pinks rating. Scottrade is one of the top online brokers and it doesn't help that there are many people who cannot buy BBDA's shares until the restriction is lifted. I'm hoping that the transparency needed to remove the CE rating will also remove the DTCC's restriction at the same time.
And lastly, the lawsuit also has a negative affect on this stock. Since it has not been settled yet (contrary to what we've been told by the CEO and Wyatt) the PPS could be negatively affected if the outcome is not what we've been told.
It's a shame because there are finally some nice PRs hitting the wires and I think that the .0008 resistance would have been tested again. Brian needs to clear things up with his shareholders soon.
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