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It was 500 K shares so that wasn't a paint down. $1200 worth so is what it is. Stock traded better though today even with the weak closing price. Still going to need major news to get it going again. Hard to believe after all the buying this saw all summer that it is only in the mid .002s.
Agree it was day traders getting out eod on a Friday, but that being said the bid support by the believers here should have been enough to prevent the deep selloff.
At the very least Mr. Mark up should have made an appearance as it could have closed at .0026. I tried to put in a buy the last 30 seconds but it didn't get executed in time. I did add a million at .0024 and had some bids in lower.
Overall not a bad day as most of the buying was over .0026 or so, but a close at .003 or near there would have been much better for the chart and for people to see this is going to rebound. Today's close was....not good.
I loaded and loaded CUBT for months under a penny. Pure patent play and was loving it. Just beautiful.
MMRF was with a CEO who was a great friend of mine from LA. He was a LEGIT CEO, (made $hundreds of millions from being CEO of Nasdaq Smartalk) and he knew how to work an angle. When he took over MMRF he did everything he could to get his patent angle talked about. Even had a very high up finance inst. put out a 100 page valuation paper on it.
Stock did well as a result...until it didn't.
Point is BDPT is talking about their health biz which if I am being honest...I see more people selling lolipops out of their house doing more in revs than what BDPT does.
Hence while this spinoff is nice because people get free stuff....it is really not much. I don't want free shares of a company that does $2500 a Q in revs lol.
Enough with the horse and human health side biz. It is a loser and I will say this over and over. Go with what you can actually do good things with....the patent side of things.
Of course they will need money to monetize that but that is a story for another day.
A few reasons.....
Because I still believe this is a cult stock, which it is....which means once it turns the buying could come back very strong. Lots of believers still.
No dilution for a while. That is big.
Could get surprise patent news. CUBT ran from .007 to 25 cents on the same stuff. Of course that was also when the markets were going berzerko but people love patent plays. MMRF went from .02 to 40 cents on the same thing. Billion dollar patent hype.
Difference so far is with MMRF and to an extent CUBT they actually talked about their patents and tried to monetize them. BDPT is quiet.
The OWCP dollar predictions were the ones that got me and a sign of irrational exuberance. I mean, that was a completely different stock with a $3 M promo budget when ALL stocks were going bananas. That will never happen here in that same manner.
I doubt this company even spends $3 on its IR budget.
Today was not a surprise at all to me as I warned yesterday would happen. This is why I really stress to newbies to NOT listen to people that are rah rah rah 100% 24/7. They do not have your interests in mind. Not that they should but they don't need to scam you either. But many people here are trying to do just that.....always remember that.
I am long this stock and even bought another 1.5 M today but I will tell it like it is. And right now the stock is in trouble. For the first time it closed under its 50 MDA and completely broke its chart range. Not good at all.
IF all this company has to offer as far as company events is some news on a business that does $2500 a Q in revs? This will go back to .001 in no time. The company needs to be more transparent about its future with the patents....plain and simple. Future financing as well. IF I was IR for this company I would say a comprehensive Letter to the Shareholders would do wonders right now. Can talk about the spin off, patents, financing, future company plans etc.
Instead this company for some reason wants to keep talking about a business that does nothing in sales. It is almost comical. And having owned and trained 100s of race horses in my life, and having also owned a fitness supplement company, I can tell you that both those markets are very very difficult to make any money in. They are extremely competitive and have low margins. Race horse supps come and go all the time and it is a very niche market. As for human health supps you really need to be big time into using Social media influencers to sell those products and I can't see this company doing that. It seems they have no marketing plan whatsoever.
THAT BEING SAID AND ON THE BRIGHT SIDE.....I did notice that the stock acted as if it 'may' have found a bottom today. I would imagine most of the chart players and the players in for news have mainly exited....so if it can even have a very small green day tomorrow that would be a step in the right direction.
The fact that they have not explained or put out a filing about the spin off is to me inexcusable.
I said earlier it would get bad today. Total chart breakdown. Not sure where the bottom is at this point.
Actually I would prefer not to buy any more shares and to sell the ones I have over .004. So wrong again. Maybe you should stop trying to read a conspiracy into every little thing.
The fact is for the first time since June the stock went below its 50 MDA yesterday and that could be a problem. I hope it isn't and the stock rebounds today and tomorrow but be prepared if it doesn't.
Huh? I said PB probably hasn't been selling his shares. Learn how to read.
Here is the truth about OWCP......Everyone really needs to stop talking about OWCP when it comes to BDPT and how it trades.
For one OWCP went up during a time where every stock in the world went up 200%. Or much more. Covid and crypto money was flowing freely then.
And two OWCP was promoted with a $3 Million budget (or more) and I say that with 100% certainty.
In other words it was pumped to high heaven.
BDPT has no promotional budget whatsoever, the financial markets are completely dried up, and hardly any penny stocks are moving right now.
BDPT in comparison has been one of the best plays of the year.
But to say this will do OWCP levels? Not going to happen in today's market. I would take 2 cents and be very happy.
I never grandstanded and said this did???
I don't know what that means.
So OT. Zero to do with BDPT. Cmon. Control yourself.
You act like a novice if I am being honest.
I suggest that you go over my posts and reevaluate. I have talked about the patents being the true game changer for months,
And I did not list negatives. I listed reasons why the stock went up.
Yes. You are correct. I should have listed the patent potential. My bad.
Which btw I could give you guys a huge true story about. I once was very good friends with, worked with, and consulted with a CEO who had a legit investment banker. give a $2 BILLION patent valuation to the patents. With a 100 page write up that was sent out to their clients; Not just IHUB message board stuff. A legit investment banker did this.
The company, patents, and stock all went to .00000000000 by the time things were said and done, but that was not before a 3000% upswing. I mean it traded wayyyyyyyyy more $ volume than this stock based on the patent angle. And it was also OTC.
BPDT needs to get on the ball there. They are not taking advantage of their one true asset. The patents.
LOL correct. Trust me PB is watching....and trading....hopefully buying.
Every good trader does no matter where they are. It is in their blood. There is not a place in this world I have not been to where I did not have my phone logged into my account during trading hours. I am talking even tanked out of my azz playing $20 $40 poker at Aria in Vegas.
Addiction..............
Yeah better to put out no news. The PR today was a joke. Hence why the stock was down 20% at one point.
What would be 100000000000 x better is if a shareholder letter update was put out from the CEO explaining what has happened, what will happen, and how they are going to do it.
Especially in regards to the patents, the dilution, and financing.
Also not sure what you mean about 'forgot the patents'. I have only mentioned 50 times now, and I believe 3 times today, that that is the reason why this has the potential to go blue skies. I mean I have literally said this 10000000000000 x now.
Reading comprehension???
I really don't know how to answer that other than to say be logical....without emotion.
You asked what changed from .0004.
They started a PR blitz in April. That got attention from traders and a spike over .001. Also when PB first bought in and alerted people.
Not sure how long you have been around OTC plays, but I have been for 30 years and the 'end of dilution' angle is huge. People love to buy that pump.
Dilution ended. Not much more I can say about that but people also love penny stock plays with no dilution. Think FLD. Float. Lock. Down.
That brought in some bigger traders.
Finally the chart as I said was the final golden nugget. It is/was a stepping stone to success. Just follow the 50 MDA right up. In today's penny stock world? That is a godsend.
I had 16 M or more a few times. My most recent I sold many on the way up past .005. Got down to around 2 M. And I didn't post at all when I was selling because I didn't want to be accused of anything. That is why I didn't post here for a week or so. I wanted to be Switzerland.
I have re added 5 M the past 2 days from .0033 and down to .0028.
I am not going to say it is him because it kind of goes against logic. Why not pump it and then sell? Would make more sense.
Why sell on the way down?
Trust me as I said trust NO ONE on here...ever...never....ever. But in PBs case I am thinking he is not selling.
Humanitarian work? I mean that I don't know lol.
But remember too I am going to be gone on here for 18 years as I go to save the baby seals for my Sealatarian work, so anything is possible.
Unless it is PB and any group he is with, which I doubt, I would say it is the people who are getting bored and the chart players are the main ones getting out.
What changed?
It got noticed. Mainly from a PR blitz in April.
It was a buying draw as people love 'buying end of dilution' plays.
Dilution ended.
Some bigger traders came in.
Chart took on a life of its own. (the biggest key)
The health side of their business as far as a balance sheet and sales isn't why anyone is buying this trust me. The spin off helps as people like free stuff.
Nothing is ever wrong with bid support. But then again at one point this was down 20% today. Bid support or no bid support it lost its trading channel intraday and that is going to be a problem unless something changes soon because the ask buying is just about gone.
Stock is going to need a new impetus for people to buy and PRs about a business that does $2500 in sales isn't going to do that. If I ran a business that brought in that little $ I would....as Gordon Ramsey would say....SHUT IT DOWN!
No I don't mean that as a bad thing for traders. That is absolutely HOW YOU SHOULD buy unless a stock is really taking off. I am just saying the bid sitting is the reason why it keeps falling. But again.....as a trader that is how you should buy.
That has been a big issue as of late as to why the stock is falling. No ask buying. Just people sitting bid.
Which is smart trading when a stock is stagnant like this one is right now. Why pay more than you should?
Well it closed at its 50 MDA of .0031 which is ok, but it dipped below it for quite a while today. Tomorrow might not be pretty unless we get real news. Not fluff. Today's news was pointless. They did $2500 in sales last Q so to me it was a complete non event PR. A filing or PR about the spin off or some advancement of the patents is what they need to focus on. Why they keep putting out PRs about a business that does almost no business is strange to me. I realize that the spin off is related to that market as well but at least it is giving something back to the shareholders.
The one MAIN thing that had been driving this for months now was the safety of the chart. People knew it hadn't gone below that 50 MDA so it gave them a sense of security to buy. Now that that safety net is gone you might see some of the chart players get out.
Not good. Just went below its 50 MDA for the first time since it started it's run in June.
Yeah the spin off details should have been out at the very least. Even if just in a filing.
That's ok. With PB gone to wherever a lot of the usual chatter went with him. Plus the board needed to get more on topic.
As for the news today obviously nothing earth shattering. Hopefully we get patent news soon and the details for shares on the spin off. Those 2 items could move the stock.
FYI IMPORTANT ANNOUNCEMENT: I will be gone from the boards for the next 18 years doing my Sealatarian work to save the baby seals in the Arctic. Please Venmo me if you feel so inclined. Hopefully BDPT stock is over a penny when I get back.
I tell this to everyone I see on these boards.
Trust NO ONE.
And always take profits.
2 best things one could ever learn.
All depends on your bankroll. I have cleared 7 figures in profits on many of them.
Just play the chart with BDPT. It is literally TELLING you where it is going. I mean this is trading 101 ABC grade school stuff.
One of the best charts I have ever seen.
Bashing it isn't going to work either. It is a cult stock. Cult stocks are the best stocks on the OTC because no one ever sells.
FANTASY and GREED are great indicators.
Peter Penny is right on things but the main thing he is right on, and I have said this for years, is how DUMB people are in this market. It is the land of idiot savants.
OF course if it wasn't for them the top 5% of us wouldn't make money.
You posted to the wrong guy lol
Because I buy low and sell high. I don't buy shares from clowns like yourself who are begging to make $50.
For example.
09/26/23 15879 Stock/ETF
Buy
1,500,000
BDPT
Limit Day 0.0033
0.0033†
Executed Portfolios
09/26/23 15880 Stock/ETF
Buy
1,000,000
BDPT
Limit Day 0.0032
0.0031†
Executed Portfolios
I have seen people like you 100000000x over the past 25 years on this website. 99% of them are long gone and broke.
Doing what you do? The way you do it? Not a path to success
Most of the people who I see post like you? Are either people who have been burned from past plays or people who have no money but act like they do just because they are bored with life.
Real trading pro's don't act this way.
Do you honestly think someone who is begging the board to buy his last 500K at .0041 and that has posted 10000 x in the past few days on a penny stock board (IE begging)....in other words $2000 worth.....is shorting a penny stock that from normal broker requirements takes at least $100 to $1 for every one dollar they short?
As in to short even $5000 worth would take $500 K in equity.....if you can even find a retail broker to do it.
Cmon people....think. I am amazed after all these years, and this is not meant to you directly, but I amazed how naive people are in the penny stock game.
97% of the people you see on the boards are playing with $5000 or less and trying to make $200 on a trade.
Cmon mannnnnnnnn.
Because this is a dog eat dog world where everyone is looking to buy at .xxx and pump and then sell at .xxx1 higher.
Think of car salesmen trying to sell to other car salesmen.
It has always been this way but even more viscous as of late since the financial markets dried up.
I am following the chart. To make money. As should you.