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Interesting price action today. According to IHUB there were more than 11 times as many sells as buys yet the price was up well above the closing price until the 100 share paint down that was the last trade. Makes little to no sense.The price increased as shares were sold off.
LOL Thank you OMOLIVES always a proper perspective. BULLISH ON $BLPG
There is no dilution.
General Effects from JB economy, Putin fuel increase lol, "transitory" inflation, Covid, a long list. But in general revenue is way down across the board in MJ. Canada is bleeding out along with a large portion of the US in MJ market. Supply far exceeds demand and is pinching the MJ market big time. Only a few will pull through in the end after many mergers and acquisitions. $BLPG is one. My opinion. Long and Strong. With the police state being created the current "occupants" will be looking for every penny when the flood of IRS agents hit the road. Maybe unfortunately but that is a big reason we will stand.
better try 50 lol
Boat anchor H hits us with a 5 share sell hoping for a pull down lol.
LOL yeah they dilute constantly. Ive never seen anything like it. The biggest share selling scam ever , of course they haven't sold any shares but that doesn't matter. They don't have to sell shares to be a share selling scam. I learned that here.
Zzzzzzzzzzz
Catalyst needed. Fill in blank. Ping Pong continues. Low volume walk down= Extremely undervalued.
History is important when you see where we have come from in the last few years . It’s not correct to say “they had to do a RS” It was obvious management was preparing for something. The SS was fine before the RS and plenty of spare shares to sell yet they sold none. They still have not diluted shares. You have said many times that BLPG is a scam that dilutes shares and it is simply not correct. Please facts only necessary here. $BLPG
You may want to review the last three years FINS carefully before making a statement like that. I would strongly suggest newbies do so and forget about opinions here including my own. GLTA LONGS
EXACTLY ! With actual revenue !
Fact is my buys at ask are shown as sells more times than not. I’ve watched many times and just quit caring about the inaccuracy or IHub
$$$BLPG$$$ Our day will come. Just a matter of time. Meanwhile I accumulate. GLTA LONGS !
Thank you for your perspective OMOLIVES. Always appreciated.
Nice to dream about a run like that other unknown fintech company went from $7.80 ipo two weeks ago and hit $2,550 per share briefly today !!!. Probably a big scam. If my position were there I would have been worth well over a billion dollars for a short time today ! Hmmm share stucture about twice ours. Anything is possible. $BLPG
Anyone have any thoughts on the motive for keeping the price low ? Sure seems to be the case ? Insider or mm or both. Makes no sense for all these months for the constant dripping faucet of small sells into the bid and below to keep downward pressure at a near constant. This is a case of buy high (if indeed bought) sell low so they are not worried about sacrificing shares in my opinion to keep the price down.
I sure hope you're right on that call Passs. Monster in the making here. $BLPG WE NEED NEWS !
Exactly, like I've been saying for months, the low volume walk down every time since the RS. I strongly believe very purposeful and the PPS is not in any way a reflection of the true value with $BLPG. Extremely undervalued !
Wouldn't that be too easy, must wonder what the market cap might land at in that scenario. Blast off !
Because they were unaware of BLP* fintech readying
Best of luck to those who bought the 22,000 plus shares today. Hopefully sold into diamond hands and long term investors. GLTA LONGS !
No one could have opined any better. Seems very likely. One thing is for certain, this management does not leak information. True Proffessionals .
Must be now. Hoping for some news soon after this event.
Been obvious for over a year now $BLPG under attack from low volume walk downs almost daily and the ridiculous spreads make it an easy target.
Lack of foresight sold . $$$BLPG
Quote: "Price shows value." I think price shows what someone is willing to pay at any given time but little to do with value in the case of $BLPG. We are worth many times our current PPS in my opinion. I think much of the market is a Ponzi scheme frankly and extremely bloated with PPS and market caps well beyond "value" and highly dependent on what the next "sucker" will pay. Not so in the case of $BLPG, in fact quite the opposite, with an extremely undervalued market cap based on industry averages.
So the high or low are just erroneous numbers ? I'll agree with that. Supports my belief there are few shares available and the PPS is not a correct measure of value here with $BLPG, In fact far from it. You cannot measure value here with charts or current PPS imho, there's simply not enough volume $$ (information) to do so. Simply read our FINS and listen to PR's from management period, everything else is just noise/speculation.
Flippers playing with very few shares. Primed for a run. A hundred bucks moves this 20 percent. Any real buying pressure / volume and we fly.
Exactly the point !!!
The usual lunch money flippers playing with few shares here. The low volume walk down. Little buying pressure would bring this positive just as easy. Nothing meaningful and the present PPS has nothing to do with actual value. This conversation will be considerably different in a couple years or possibly much sooner. Early to the party is best. GLTA LONGS.
Well you’re writing better than many in the pinks, probably better than most and English is not your first language. Amazing to me you write so well. I for one think you chose wisely when you picked $BLPG. Trust your instincts and above all trust the FINANCIALS and ignore those that try to tear you down and spread doubt and fear. Patience .
How can you be anything but optimistic about $BLPG when you look at their year over year Financials ? This is a viable business that is growing and coming out of a hole and doing a very good job . It takes time to build a business and won’t happen overnight . Time is all we need..and shares. Day to day with these few shares being sold back and forth mean little. Just flippers trying to one up each other for lunch money. Most of this is locked up.
Seems deliberate to me (low volume walk down) but I’m long so will be fine, easier to accumulate. There will be no stopping this when the real volume comes.
Very close but I think you need about 430 k for that ? I’m just under the radar and may stay there. I would like a mill and am debating going further. Probably will. I’m no insider so no big deal I don’t think.
Meanwhile I continue to accumulate. Try to buy the lows of course. See you all at the finish line in a year or two at 10 to 30 times current PPS and growing.
Little volume takes this either direction easily. Non existent float. Been this way over a year. This could test a dollar nearly as easily as it tests a dime. We need a catalyst to turn this for good.
ONE MORE FACT
4. $BLPG IS INCREDIBLY UNDERVALUED !
Calm before the storm . Expected flippers after the first run and they get gobbled up immediately and lower the price before the next move NORTH . GLTA LONGS