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Can any of the geniuses on this board explain why MTC has dropped 30% PM today?
Sold my stake at 2.36 (at 32 cent loss) but buying back as it drops to lower my avg
A shareholder filed Form PX14A6G w/ the SEC but what was in it I do not know.
The CEO scum bum berge wants people to do exactly that, encourages them and convinces people with false statements about the future of the business.
I used to update & post this every year as a hard rebuttal to all the nonsense hype on this board about brgo & scum bum berge. I think I will update soon.
brgo PROFIT / LOSS annually
2008 . . . . ($1,106,856) LOSS
2009 . . . . ($ 597,725) LOSS
2010 . . . . ($ 838,999) LOSS
2011 . . . . ($ 408,328) LOSS
2012 . . . . ($ 388,434) LOSS
2013 . . . . ($ 835,740) LOSS
2014 . . . . ($1,520,761) LOSS
2015 . . . . ($1,160,173) LOSS
2016 . . . . ($ 554,968) LOSS
TOTAL LOSSES . ($ 7,411,984)
brgo has been a scam from day 1. He has a brick & mortar store but the stock play is just scam, scam scam. I was in this in 2010 and at one time held 4% of the company O/S of common stock. Stayed in for 8-10 years and was just lied to repeatedly by scumbum berge. He paid people to pump his stock on this board so beware, they are out there (not sure about now, haven't been here in probably 3 years). But if you are paying attention and have a memory, it's pretty easy to see who they are and catch scumbum berge in verifiable lies.
So anyone know why this shot up 40% in the last 5 min of trading Friday?
I'm still holding but you're in a better position than me. I won't even break even until it hits 2.65.
So no one knows why this shot up 5 minutes before closing bell?
Anyone have a clue as to why CAUD shot up so high on Friday AH? Was it a run on shortsellers or is there solid news about to drop? Or something else? TIA.
There has never been profit from operations in the last 11 years, he has only had 1 quarter in the last 44 quarters that showed a 'profit', but if you actually looked into it it was from the sale of assets, not from operations.
CEO berge, still SKUMBAG berge
That was an interesting 300 posts to catch up on. The posting of the 10-q one line at a time was a new twist...But it's still business as usual at BRGO, if you got the money SKUM BUM berge will print up as much stock as you want.
BRGO bounces like a lead weight
Good Morning my BRGO peeps. Been reading posts from the last several weeks. I think the street is finally getting a grip on who exactly SKUM BUM berge is and what his game is. I probably will never see him perp walked out of his office by the FEDs but he sure deserves it.
FROM SKUM BUM berge's recent fantasy PR...
Hey RGali good to see you here!
RGali you nailed it. SKUM BUM berge suckers in unsuspecting shareholders for whatever he can drain from them.
Hope everybody has a good weekend!
Does anyone think the 2020 loss for BRGO will be more or less than the 2019 loss of $3 Million?
From BRGO 10-K filed 5/15/2020
PART 1
ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (continued).
Page 18
Hey John...I been in this for about 6 weeks, avg around $2.00 and it's the biggest single stock in my portfolio. I plan on riding to $12 or $13...not sure if it will go much higher and taking advantages of dips. Yesterday was spectacular!
Well, we don't have to wonder what the 2019 loss is anymore...
Updated Net Income / Loss for BRGO from 2008 to Present (Straight from the 10-Ks):
2008 . . . . ($1,106,856) LOSS
2009 . . . . ($ 597,725) LOSS
2010 . . . . ($ 838,999) LOSS
2011 . . . . ($ 408,328) LOSS
2012 . . . . ($ 388,434) LOSS
2013 . . . . ($ 835,740) LOSS
2014 . . . . ($1,520,761) LOSS
2015 . . . . ($1,160,173) LOSS
2016 . . . . ($ 554,968) LOSS
2017 . . . . ($ 199,785) LOSS
2018 . . . . ($ 417,314) LOSS
2019 . . . . ($ 3,035,043) LOSS
TOTAL LOSSES ($ 11,024,126)
Where did the money come from to pay for such losses? Stockholders. Scumbag CEO berge abajian has stolen virtually every penny invested in this company since inception. Your money to buy his worthless shares.
Let's hoepe so. I'm anxious to update the historic year to year losses from 2010-2019!
Has anybody seen the 2019 annual financials? Has anybody actually seen the CEO skumbum berge lately?
Whatever happens it always means it's about to 'take off'...
Unfortunately it doesn't have anything to do with Fidelity, it has to do with the actual creator / issuer of the fund. They are basically 'killing' the fund. You will not have the option to keep your shares, no one will. They said it is all in the prospectus, their right to do it...still it screws people who are wanting to hold long term.
I sold this afternoon @ $0.227, my avg cost was $0.47 so I took a 50%+ haircut.
It amazes me, I been trading since 1999, I'm 53 now, and I'm still finding new ways the big guys screw the little guys...smh but I remain undaunted, best of luck to you in all your trades!
I got one too in my email. I called the Fidelity desk this morning, this will not be tradeable either on or after April 3rd. Per the issuer's right, they are calling all shares back. They will determine the price based on a formula based on the week of 3/25 to 3/31 or something like that...my eyes glazed over listening...the long and the short of it is me, you are getting royally screwed. Better to sell right now, cause if you get stuck they couldn't tell me exactly what would happen except it could be awhile before it got resolved.
And in summary, me, you are getting screwed.
I've talked to the CEO, SKUM BUM berge numerous times on his cell, back when he still had a shred of credibility, that was 6+ years ago. He told me lies, numerous lies, told lies in Corporate Statements, told lies in interviews, told lies in America, told lies on his numerous jaunts to Russia, told lies on teh east coast, told lies on the west coast, told lies at trade shows, told lies on Twitter, told lies, lies & more lies and I will never, ever stop telling the world and the street that he is an unindicted criminal and that his real business is selling worthless shares, jewelry is just a sham cover for his real business.
Roses are red
Violets are blue
SKUM BUM berge CEO
Blows your money and loves it too!
Thank you sir! That is my attitude. GLTU too!
Confessional time...Been trading since '99...I've played TVIX both ways many times, profitably, but she bit me and bite me hard...I shorted TVIX hard (avg $148) & held over the past weekend. I don't have to tell anyone here what a bloodbath TVIX was Monday morning for shorters...there were a few moments Sun night / Mon morning I thought my broker might have to liquidate my account and tell me I owed HIM! I quickly made the best moves I could and and when it was over I had lost 28.7% of my entire portfolio!!! SMH and I knew better....Fortunately I got back up on that TVIX horse late yesterday afternoon and shorted, bought back this morning (7AM) and shorted later (currently still shorting) and I've got 50.5% of it back.
Don't really know the purpose of putting this out here except to get it off my chest. No matter how long you've been trading you can still lose focus. So stay thirsty my friends and maintain focus on the fundamentals. And don't chase profits, the wise, patient investor lets profits come to him.
THe rate cut had nothing to do with it. Powell is so bad he could f/u a cup of coffee. The market losses had nothing to do with rates and his ham-handed way of putting it out there cause the market to see it as a move of desperation.
LPCN just screwed us!!!!!!!!!!!!!!!!!!!!!!! Thanks guys, couldn't give us little guys a chance to get out after a huge run?
Does anybody know when SKUM BUM CEO berge is going to open up a 3rd store and capitalize on the huge success the 1st 2 were?
Or maybe SKUM BUM berge just doesn't know anything about making a profit in the jewelry business, since he has never turned a profit in the last 11 years. Not once in 44 quarters.
Jumped back in last week at $42.56, just sold pm $58.50...TVIX is such a sweet play if you are just patient and wait for your spot!
It's shame we can't get 2018 F/S from SKUM BUM berge. I'd love to update the sticky with his most recent losses. I say he lost at least $600,000+. Anyone have any thoughts?
I said I wasn't going to cry but if it hits 40 today I just might!
And just like that she shoots to $0.24...well, I made good on it 3x already, not gonna cry. Congrats to all those still holding!
I've bought and sold this twice in the last 4 weeks for a nice profit. I was currently in at $0.08 and out this morning @ $0.197 but looking to get back in, maybe today, on a good dip to the $0.15 range, then ride this thing into the 30s, maybe beyond.
LOL...SKUM BUM berge, where are your defenders? When a CEO has to pay people to shill for him, they only stick around as long as they are getting paid.
The last 10 years watching BRGO has been like watching a building slow,y burn down for 10 years and you see people running into the burning building and you try to warn them but they don't listen.
SKUM BUM berge is an unindicted criminal who should be arrested, prosecuted and sent to prison for many years and his assets divided up among his many victims. Not that they would go very far but at he would not have them.
Sold my position yesterday at $9.05, bought back in today at $8.46. I expect these type of 'scratch & claw' opportunities for the time being, but sometime this year when Phase II of the China deal gets close I expect this to hit close to $20 again.