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Seems we are getting Penny Stock Buzz.
http://netprnews.com/penny-stocks-volume-buzz-bravada-international-ltd-red-giant-entertainment-inc-federal-home-loan-mortgage-corp-sk3-group-inc/1216929/
http://www.sbwire.com/press-releases/penny-stocks-report-on-bravada-international-ltd-friendly-energy-exploration-eco-building-products-inc-a-clean-slate-inc-230383.htm
http://www.marketwatch.com/story/bravada-international-to-release-its-q1-2013-financial-results-on-tuesday-april-30-2013-03-27
Right On CK - I got stopped out at 0.0053 and had to buy back at 0.0065. No more stops in a penny with a future. They are a different animal. A big buy takes everything off the table and then the stops start getting nailed.
My wife and I went to a movie today but first stopped at a donut shop for our weekly decadence. Two young girls, i'm guesing 18 to 20 ish were working there and I asked one what she was wearing. She said yoga pants. I mentioned that I had invested in a company that made Yoga pants and leggings. She seemed very pleased that I had noticed her pants and said that they were much more comfortable than jeans. Her co-worked quickly confirmed this - and she was wearing similar pants.
If leggings and yoga pants are usurping jeans for young women for both work and play, then I'm beginning to understand the possibility of Brav's coming hyper-growth. This, indeed, could be big.
Bravada party from a couple years ago. This may be old news.
192% is great but like Bronson said "Hang in there". Penny stock history has many stories of share price running several thousand percent and more and I'm not talking about pump and dump carcass companies. Sure they are one out of hundreds but once on the train you gotta ride.
Cashier:
Thanks for the info! Only 303 shareholders????? This is even better than I suspected.
Hey Dragon:
I agree slow and steady is more sustainable. I was thinking - it sounds like many in this forum own a million or more shares. It is conceivable that the entire BRAV float is owned by less the one thousand people - coming off of subpenny status. Almost no one has head of this company. This should change with the continuing revenue growth. Think of the upward pressure when 50 thousand people become aware and want in.
This morning I dumped a loser that I rode down from $4,000 to $800.00 I put it into Brav and was up 24% by the end of the day. Nice to be with a winner for a change. I see us trending up until Q1 earnings and then another big spike. You don't catch a ride like this often. As long as the company has earnings growth, we aren't going to see any big dumps. Just minor pull backs.
You are right. No stops on a stock like this one. I learned the hard way and had to jump back in at 0.0065.
My best guess is that the price will consolidate or even sag a bit, from here until a couple weeks before 1st Quarter earning, at which time we will trend up. After earnings it should surge again. In other words, the price will do as it did before 4th Quarter earnings, but - I believe each future earnings surge will be stronger than the one preceding it. We are, after all, still tiny and in the Pink Sheets.
Any date for Q1 earnings?
Yes, that's right - as new longs replace older holders who are finally getting a payday, the number of sellers decrease and up goes the price. I'm guessing that the price will run up a week or so before 1st quarter earnings, and again after the results. Until then we are in a pretty tight consolidation range.
Perhaps that's when you keep the stock but sell option premium???
I'm trying to wrap my brain around options. Might take some time.
We're getting some recognition. We can't lose. If it drops we buy more - if it goes up we make bank. Life is a Treasure Hunt WoooooooHoooooooo!
Anyone know if they plan on taking BRAV Over The Counter in the next year or two. Lots of investors just won't touch Pink Sheet stocks. Just that move would be huge. I hear it would cost about $100,000 for the paperwork.
Sounds like your saying that one cent is a psychological barrier.
Should be interesting.
Thanks Beezerr34. Fundamentals drive everything in the long run. It's also my next area of focus concerning my self-education in trading. Yin and Yang.
I wonder if in the future, some penny stock pumpers aren't going to get in on the action by buying up shares and then pumping the company. After all, it's easier to pump a company with a real future. If that happens, we might see some big ups and downs.
I learned a hard lesson today. I've only been trading for a couple years and just when I think I'm getting a handle on it, the Penny Gods smite me a mighty blow. I got up, turned on the computer to see Brav at .0065. Surprised it didn't run higher after the good news, but that's ok - but where is my stop marker? I had it well below the market noise at .0053. OMG - I'm stopped out!!! Some idiot sold a big block and must have hit the Market button. And there I was - a bigger idiot with a stop in place..............
An old timer once told me "Experience is just a series of mistakes".
After my shock, I bought back in and added another 60,000 for good measure. Sweating over a fraction of a penny will seem pretty silly a year from now. And I hope that Rat Bast@@@@@ looks up the share price a few months from now and realizes what a dope he was.
Moral of the story - no stops in a sub-penny with a future as bright as BRAV's.
Hey Squeak - are we "In the Money"
Hope you have a Bang Stick on your belt. That's kinda like a skin divers stop loss.
That's what Break Even Stops are for Luna - just don't shove that stop to break even too soon. You have to give it room to breath.
I'm reading "Penny Stock Trading" by Clint McCord. He tells of putting $5,000 into a purchase and quickly bailing out for a $15,000 profit.
He goes on to say that had he kept the stock, it would be worth over $200,000 today. I guess that's called "How to Make 300% and Lose Big Time".
So - the moral of the story is................
Love your cat, wife or dog but never love a stock. I've learned the hard way. Now "I am a Rock - I am an Island"... As PS would say. grin
When Brav breaks a buck you will be a millionaire and my new best friend.
Canada seems to have less environmental nuts then the US and are pretty friendly to oil and gas exploration. I guess it boils down to the Power That Be in Newfoundland. I was about to purchase some stock but I guess it would be prudent to have some kind of a timeline for these reviews as you are right - nothing will happen until the get approval.
I had a water well drilling company here on Whidbey Island, Washington State and we found natural gas in fresh water aquifers from time to time and all at depths of less then 500'. Any forest debris buried by the last glacier will ferment anaerobically to form methane. Code requires vents on all well seals and caps.
One fellow heated his house with it for 5 years until it finally petered out. He couldn't just light his facet on fire and sue some drilling company as there's never been any gas or oil drilling out this way.
I get the impression you want us all to sell so that you can buy.
Nice try. For those who need courage and a pep talk......here you go.
I'm tapped out for the moment but for those of you with some bucks but not wanting to trade around earning, a Buy Stop might be the ticket. Make the trigger price above the current price just before the earnings announcement. Good new will send the stock higher and trigger your buy. Bad new will send it lower and you can cancel your order.
GH
I'm not sure the Market prices in anything with penny stocks - let alone sub pennies. No analysts following this that I'm aware of.
I started trading pennies as I knew I would get beat up during the initiation process and I did. What is rare in a PS is for increasing earning. 99% go down fast and then level off to die a lingering death of dilution and continuing small declines. One of the gurus I listened to early on said "You will eat some glass" and she was right. But that experience has made me pretty good at seeing losers at a glance. After doing a stock screen, I was flipping thru charts at high speed. When I saw Brav's chart I came to a screeching hault.
Those short term traders that sold with a 50% profit are going to tell tales of woe a year from now and further out. This could be one of those tiny companies that make it relatively big or in other words, what every penny stock trader dreams about. Just breaking a buck will change a lot of lives. With sales increasing geometrically, why not place a break even stop and take a walk on the wild side. How often are you going to get in early on something like this. I talked to a guy on a forum whose friend bought Kodiak Oil and Gas at $0.30. Now its at 9 bucks. This has even bigger potential. Those short sighted traders are just about sold out now. Up we go.
GH
I pay 9.95 at TOS but get a pretty awesome platform for fee.
In for more today at .0057. I didn't chase but it triggered on the dip. Thanks for the sales info. I don't want to put all my eggs in one basket, but my basket is so small it really doesn't matter.
RO
Hi Guys - I just bought 120k at .0045 &.0046. If it drops I'm in for more. I found BRAV in my latest TOS stock screen. I'm getting better at it I guess. A sub penny with increasing revenues....sweet.
RO
We are all stuck holding worthless shares and doubling zero still equals zero.
I doubt you could stop the stampede if there is anyway to get any value out of this dead horse. Sometimes a going concern takes over a brain dead company like AVOP to avoid the expenses of going public, but usually that private company has something going to start with. I'm guessing that this maneuver is a way of distancing the original gang of thiefs from future law suits. One hedge fund manager that lectures at Thinkorswim, says that part of your education is eating some glass. Getting a good stock screener and becoming expert at using it might help avoid penny stock losers, which are at least 95% of them. If you look back a year, most penny stocks have a downward trajectory. What they are telling you is "WE ARE THE 95%". By only taking positions in the ones with upward trajectories, you are avoiding them and that takes a lot of screening. I believe some people make a living out of launching these public companies and milking investors as they slowly drift to triple zeros and then zero. Google the much despised Phil Verges. He has been doing this for decades.
Seems that the company would want to buy up the shares in the triple zeros, if they have any confidence of growing a real company.