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It might be a long way but at least the ask is looking like its going up.
I did, just waiting for the next report to be released now.
It's said that people feel the necessity to sell. The bid never moves up cause there is more patience, plain and simple. As long as the ask keeps dropping lightly without them moving up, they will continue to load up shares and cheap prices before the next big run. Do yourself a favor, either hold or buy. Only suckers are selling right now.
I had that problem when I started as well. I no longer try to hold on for more profit. Take your profits when you can and you will never go the poor house. BWMG is a good buy, and seems to have found a support level. I'm somewhat hopeful about tomorrow.
Certainly agreed. Personally, I go long and short on this. I only sell a portion of my shares when it runs up so I cover all of my investment and make enough to reinvest, keeping a good chuck in liquid capital. My entire position in BWMG is essentially free at this point. These quick runs are great, but this company should actually do something in the future, and likely in the near future.
The ask is up after that large purchase, I wouldn't be too concerned.
I have the odd feeling that it is not going to hold steady, and there is either going to be a breakout or panic here very soon. If the volume stays low today then it could be as early as tomorrow. Either one is an opportunity to make money, so I'll be fine with whatever. Somewhat surprised the run up hasn't started yet, as the stock should easily get to around the 3 cent mark even without pumping and PR. Long term hold if it doesn't run right away, we have a golden egg here.
What we need is 1 juicy PR......
It will. Expect at least 300% profit in the short term.
Actually, it's called watering down and its a great investment tactic. I was happy to see this stock tank yesterday. I loaded up at a significantly lower price then the current bid. I also reduced the average price per share for my entire position, which I more than doubled at such cheap prices. Bman knows what he is doing, because I have seen him on here doing much of the same things I have for some time now.
oh well, i know it won't last. glad i was able to get in at .0058!! Thanks for the gift, whoever you were!!
what sparked that drop? i didn't see any PR or anything that would decimate it like that.
The 50 day ma is starting to increase. Golden cross in the not too terribly distant future? Let's hope!
Amen, I'm trying to dump two other stocks I have at a very small loss just so I can load up on this. This is unreal. Remember though, about a month ago it reached these same lows and then ran up about 400%
i think my scottrade shares have not converted
It is not unheard of to see this stock double or even triple in value on the same day at this price. While I'm not saying I expect a jump that high, it certainly would not surprise me. However, it would actually be nice to see it steadily going up, instead of these peaks and valleys, so we can return to where we should be. This stock should easily trade in the nickel range consistently, if not higher.
Definitely agreed, the key here is that the ask price is not dropping even on the limited amount of trading.
Good thing I said, ALMOST, hehe. Still plenty o' room to run. No worries.
that is almost ALWAYS a good thing for this stock
Oh I think you are very correct, sir. I am expecting a breakout tomorrow, just my opinion of course.
just the jolt needed for a potential run
Good call bman, it's easy to predict when the run is going to occur. I never sell off all my stocks though. I always keep a portion of BWMG because I do believe this company has a future.
you may very well be right, it is poised for that run any day now.
It is unusual, but that might be the point. A scam is not a worthwhile scam if everyone is aware of it. Still, it may in fact not be a scam. While a long shot, it is possible that this was a legitimate move.
I assume every penny stock is a scam. People trying to manipulate a number to make money. They all pump and dump, I just try to piggy back on it.
We have both seen this before. The run starts soon.
Financials look just slightly better than last quarter, but largely the same.
Then.......have you?
Im very new to the stock game, and this the first stock I have owned going through a split of any kind. I bought in today in my Scottrade account, so I do not believe my shares need to be converted. I was foolish not to buy yesterday when I was watching it.
I've made a decent amount of money in penny stocks (doubled my starting account balance in a few weeks), and I'm hoping I can recover what has been a loss so far in this stock. Purchased on a whim, but everybody else on the board here seems to be pretty confident about the potential here. I am not as savvy as the rest you though, maybe once I have more experience. Hopefully, I can learn a lot more about how this splits work.
well that is certainly encouraging. My position is not substantial anyways so there is no need to sell in a hurry. I'm kind of interested in taking a ride on this for a while and seeing where it goes.
well like a fool i got in at 21 today. typically i don't chase stocks higher at bell (for obvious reasons) but i thought the run might go on a little bit more today. we shall see. small investment anyways, good to be on board with you all. i think the ex date for the split was yesterday though, so i do not believe my shares need a conversion.
Yes, today was very nice. I was able to sell off, and then buy all my shares back at a lower price. I like taking a 25% profit for nothing :)
no reason this stock can't easily move back into the 50 cent range. If they actually revamp their marketing and increase sales, we could hit 1 dollar in the next year. All my opinion, of course.
I wonder if we will experience another rapid sell off like we did last time. I rather enjoy when that happens as I get to load up on shares.
the extended selloff from the major run is over, and this should return to the 2.5-3 cent range in the near future. Not sure exactly how long as there seems to be some manipulation that is countering the effects of the fundamentals. Poised for another strong run at any time now.
Yes, i totally think this stock is on the verge of being at least a 10 bagger with store being open. Might take a wee bit of time to see it trickle in on the PR and filings, but this is a very nice investment.
i think everybody is waiting to hear something. i know i can't wait! :D:D:D:D
the message board section on yahoo finances is closed. usually i don't pay any mind to that, but in the past i have seen it happen on pennies that a i follow right before a ticker change. i have not heard anything with brownies that would suggest such an event. anyone have any info on how the opening went?
oh cool, it looks like this board is becoming the new target of the latest penny stock pump and dump.
No reason it shouldn't get back to 50 day MA. I hope everyone loaded up when it was cheap. I know I did.