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maybe not.. but i certainly know stocks and trading.
could hold. i just dont see it.
the spread is widening as we speak.
dude the float is 179 million shares.. maybe you have something more recent than i do, this is from otcmarkets.com.. if im wrong i dont mind admitting it. but this is what i see.
BRAV Security Details
Share Structure
Market Value1 $2,318,800 a/o Oct 18, 2011
Shares Outstanding 527,000,000 a/o Jun 30, 2011
Float 179,445,136 a/o Sep 09, 2010
Authorized Shares 750,000,000 a/o Jun 30, 2011
Par Value 0.001
Shareholders
Shareholders of Record 303 a/o Apr 13, 2011
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
here's the problem dude, and you gotta understand this 1st.
the company is in the red not the black.
all "runs" are based on "FEAR"..
either
fear of missing the boat or
fear of losing money.
the company needs money to expand, so they create demand for the stock. why do they do that? to raise capitol i.e dilute.
i cant make a prediction on their revenue growth without those financials, thats why they were so important to see today.
my opinion is they need more capitol and delayed the financials with the "good news" that they just spent a bunch of money. if you want i can really dig into the last statements but it aint gonna be pretty. its gonna have a correction.
the stock is overbought.
thats the problem dude..
"ken" may not sell any shares.
but the folks he sold convertibles to certainly might.
i guarantee labor costs are at least 1700 per day part time or not.
and you had near the entire float traded yes.. last 10 trading days was over 100 million shares.
sorry i dont have time to just add em up. just eye balled the chart and guestimated. either way its a significant amount of the float over a short period.
why bother chippin at me anyway.. i've got it all wrong right?
nah. this is a run. not a correction.
yes 30% more for your money.. thats exactly what im thinking too. and yes bought and sold last week.
i buy stock in order to sell stock just like everybody else.
i think theres gonna be a sell off. but looks pretty stable today. so what do i know. looks like most people subscribe to the boards thinking on this for now. im just not buying i think yer looking at a correction starting tomorrow.
good luck though i hope it holds out. i just dont see it in the short term.
well i hope not. i dont want it diluted either, i would like in myself.
but its not just 1700
its 1700 plus inventory plus a ton of other stuff. look at your pay stub if you get one, and look at what your emplyer pays out.
maybe dudes right and the financials are delayed cuz they " cant get to it yet"
im just not buyin that. i think they are going to dilute more heading into the next week. and no im sure i dont know as much about the company as you guys..
but i do know what i see.. i see a company that says its spent money delayed financials and diluted. i also see the entire float traded over 1 week and an increase of 50%..
just doesnt add up.
a little of both.
if theyd of released like they said they were i would of bought today. but todays release in "my opinion" proves debt and dilution.
ive been watching this for a while.
bought and sold last week. prepared for a buy today, but the release changed my opinion. i dont have to make it my mission to drop the pps. that is and will happen over the next 5 days.
i "think" you're lookin at about 30% losses in pps short term.
uh no.. read it again.
BRAVADA placed the majority of its resources ( i.e money/stock/etc) into facilitating its infrastructure growth, training of new employees.
they didnt put employees into employess.
to increase infrastructure you invest additional capitol.
like uh i dunno mr Obama's new "jobs bill" for example. in other words ( spend money, create jobs )
uh think about it..
bravada had 7 grand in sales october 18th.
they just added 12 employess, and opened a new store.
how much does it cost for 20 employees? and a new store?
if they only got 10 bucks an hr thats 1700 bucks plus workmans comp plus what it cost for the product plus a new store plus utilities. i dont doubt they might be turning the corner, but im telling you for certain they will announce record revenue AND
increased debt...
in other words.. dilution..
the entire float was traded in volume over a 1 week span and the pps was up 50%?? better read the writing on the wall. they need money.. "you" are the piggy bank. thats what public companies do.
i think you need to read it again. it SCREAMS dilution..
BRAVADA placed the majority of its resources into facilitating its infrastructure growth, training of new employees and most of all, timely dedication to all parameters dealing with customer service and fulfillment.
BRAVADA’s hyper growth has caused a strain on its resources as all available was diverted to customer fulfillment and immediate infrastructure growth
they are telling you they need money... where do you think they are gonna get it?
1. a convertible or
2. diluting into the float.
guess we'll find out which one on the 27th. yesterdays sales have nothing to do with last quarters financial statements.
its definitly gonna correct. i smell dilution leading up to the release.. theres no reason for that delay other than that. should see a pretty good correction soon i think. todays release was a major let down.
yeah i noticed they are running out of shares.
uh dude.. thats a pretty sweet deal whats the 10 year bond at 1-2-3%?
thats a hell of a return on investment if they get it.
that being said this thing has been absolutely hammered. who was that dude that said dilution..?
he was right. i was wrong. no doubt this stock saw dilution as recent as even yesterday.
BRAV DILUTING..
screw that man. volitility is freekin fun..
you got a link to that article though id love to read it. obviously these guys just getting started. the eyes are here, the volume will come too just gotta have some more info.
10 on box cars.. 30 to 1
RPC i had last year.. made a ton of money on. they were recently delisted to pinks and there was hhuge buzz on RPC. passionate investors on both sides. so they are still there. the stock is a flippers paradise. bought and sold it 4 times before the delisting.
yep gotta watch for entries. sdrg looking nice too.
someone with a convertible note
then dont and watch em fly in later when the price skyrockets i guess..
doesnt matter its gonna happen either way its just a matter of when.
only believe what you see period.
today was a normal day, i dont see where theres a problem.
public companies sell shares.. thats what they all do to raise money from time to time. if they abuse shareholders by selling when they shouldnt then demand dries up and they get nothing/
depends if or when they sell em. sell now nobody gets $hit. do it later with some momentum at a respectable level then they can keep doing it over time when they need to if they need to.
go look at the level 2 its thin going up. if they sell then itll be the only stock on the planet with PR and a triple 0001 share price with a 30 mil float.
do a noob a favor tell em buy now.
agreed.. its all up to them really. stock could be a monster hella quick.
put out the pr's promo the stock.. could be a multibagger for sure. it needs just the right breeze to get started and then about a week or 2 of run before they sell any stock.
man theres hella $hit setting up for tomorrow. brav gspt srrl cmgo DWAYYYMM!!!
DGRI on watch plummeting.
IJJP GNPT setting off/taking off GNPT name change into the weekend pr sure to follow.
low floaters
Bid ask building. pressure mounting. volume on both sides.
you're always gonna have shaky boots when the volume gets dry and the spread gets wide.
you got a couple weak stomachs. but this is where you gotta do the gut check.
33mil float is going to be volitile. look at COHO today with no news and triple the float here.
sissys will fold in fear others will hold. then u got dudes who want shares tryin to scare even more. postin stupid pics.
dont buy what you cant afford to lose. but this has the capability to be epic.
lost of jockeying for position goin down. eyes are definitly here
Accumulated and should hold and build before the promo
back at 0019. not worried at this pps.
.10 is definitly reasonable. im thinking a possible run past .14 is definitly possible. we had to get a little accumulation, and clearly that has occured.
gapped up and still oversold. looking for a pretty good bounce to next level here. news sends her flying in short order. but a this price and float i dont thin we are gonna need it for the rest of the week. hoping for a peak at .08 then news to get this thing flying sky high.
setting up nice. agreed on recent pr releases. its just a teaser for a bigger release. the float is real low righ tnow so a promo should be coming.
IJJP low float, lookin hot. news setting up in at 0015
srrl in at .047 this one has brgo type action looming i think.
could be.. man did i bite the pillow today.. late selling wdrp fri ouch. it got diluted like mow fawka. sold
sold brav. hoping it corrects a little more going into tomorrow i hope.
exactly.. because of dilution. theres tons of shares available to "accumulate"
consolidate, release pr, dump, repeat.
actually you have a block of 100k at 24 right now which is good to see. would like more. not much volume today if they fold and buy at 25 things should start to move and shake a bit.