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Should close in the TRIPS today!
Penny Stock Geeks unloaded big time, lol
The P&D is over, here come the Trips!
Load up at .0005 !
Bail as fast as you can...
I live in California, there are Pot shops on every street corner, you can't swing a dead cat without hitting a Pot shop. Just do a Google search on California Medical Marijuana, you'll get thousands of hits.
This stock had a huge run, but it's a typical P&D. Grab your profits while you can. Insiders are unloading into the run.
Don't be a BAGHOLDER !
Pumpers are Dumping...
Beware of companies in Boca Raton, aka "the Maggot Mile"
Take profits while you can.
PennyStockGeeks are a huge P&D outfit
You have been warned, lol
Yep, what's happening?....
Mostly Buys today, something going on?
Net Income increased to $851,928 for the year ended December 31, 2012 from a net loss of $84,736 for the year ended December 31, 2011
Anybody paying attention?
Unfortunately most penny stocks don't trade on perceived valuation, they trade on hype, rumors, speculation and P&D campaigns.
Yeah, the company did sell the Canyons apartment complex, but did they issue a news release to let everyone know they now have cash in the bank? Nope.
So, what's the deal, mis-management or what? No idea, but it sounds like it to me.
90% Buys Today....
Accumulation looks very steady at this level, confidence is quite high. It would appear more surprises may be in store within the near future.
IMO
Stock Psycho, P&D Artist.....
The biggest gainer of the year, the most undervalued company he has ever seen, yeah right.
Mike King would be best advised to demand a refund of the $350K he paid in cash to that lunatic.
LOL
Where's all the Pumpers today? lol
No worries, the company didn't pay $350K in cash for no reason. I suspect the penny flippers are going to be very sorry when we finally figure out what the company has planned.
IMO
Pop & Drop, what a surprise, lol
Question for you guys....
What Penny Stock company would pay a promotor a "hefty" $350,000 in cash if the penny stock company were a P&D?
Most penny stock companies pay their promotors in stock, so why is this one different?
Woooot!
MM's are lining up early...
Could be another big day today
I have been in this stock for 11 years, how much more time is required? LOL
Starting to look like a P&D....
Volume increasing, price decreasing. How many millions of shares has Mike King given to "consultants"?
Goooooo Mikey!!!!!!!!
I've been in this stock for 11 years, and nothing has ever happened. Now they annouce a sports and nutrition products subsidiary? Sounds like I'll be here for another 11 years.
Go Mike King!
LOL
Annual Shareholders Meeting Complete...
No activity in the stock price, must mean no exciting developments with the company. 80 - 90 year old directors were probably re-elected, and will continue to drive Shareholder value like they have been doing for the past 10 years.
Good thing I didn't blow $1,200 on Airfare and Hotel to attend this years meeting.
Well Mike, time to start dumping shares?
LOL
Looks like Insider Dumping over the past week...
Yep, someone has been dumping to raise cash. Perhaps the plan fell through that originally generated interest in bringing the SEC filings up to date?
It will be interesting to see if the Annual Shareholders meeting at the end of this month, generates any buzz.
Nice to see something happening....
But aren't these folks a little old to be starting up a new venture? lol
Donna Steward Director, Chairman 69
Charles Snipes Director 89
Robert McCoy Director 69
I'm surprised Charles Snipes even knows where he is half the time
LOL
Looks like Insider Dumping...
The last few filings indicated that capital may be raised by selling shares. This seems to be the case over the past month or so. Luckily they are not dumping with reckless abandon, but I'll bet the O/S is higher than 144M shares now. Let's hope they are close to being done.
I find it somewhat curious that a whole slew of SEC filings came through and then everything went silent. I sent Mike King an e-mail advising him that Real Estate was not the right way to go. I was a successful real estate investor for 14 years, and I can tell you that capital for investment properties is Zippo right now.
Let's hope Mike has his hearing aid turned up, lol
Requirements for Shorting Penny Stocks...
Short selling penny stocks is cost prohibitive due to the margin requirements. For example, typical brokerages require that you have to have $2.50 margin per share to short a stock under $2.50. So if you short 1000 shares of a stock at $2, you have to have $2,500 in your account ($2.50 x 1000).
If you want to short 1 million shares of a stock at .0005, you have to have $2.5 million in your account, and 1 million shares at .0005 is only $500. So it wouldn't make sense to do. Nobody with any sanity would short $500 worth of a penny stock if they had to have $2.5 million in their account. Shorting 1 Billion shares at .0005? Multiply the margin requirements by 1,000.
So Brewer was really raking in the dough eh?
I know, it was all a secret conspiracy, and the brokers waived the margin requirements.
LOL
Lumb racks up more Bagholders, lol
Nice run today, and nobody's excited...
Getting closer to Rock n Roll time folks. We're at the mercy of the negotiators, but sooner or later they are gonna have to let the cat out of the bag.
Wooooo-Hoooo!
Best to hang tight for now.....
People sell depending on their personal situations. Maybe they found another stock that they believe will jump fast, and maybe they are in a desperate financial situation.
What we do know is a lot of money and effort has been put into bringing the SEC filings up to date. What we don't know is what the plans are. At this point it is a Crap Shoot, but I like the odds so far.
There are a number of rumors going around that BDLF will merge with another company that is into Real Estate. In my opinion, that is a lame business model considering the toxic CDO's, the implosion of the real estate markets, and the very tight financing requirements. But again these are only rumors.
I was a real estate investor for 12 years, so I have a bit of knowledge in the subject. From a long term investment perspective, jumping on investment properties right now would be the smartest move you could make. The issue is, the big payoff is probably 5 - 10 years away, so it's a bigger gamble than usual.
In any event, if BDLF and or the successor were to invest in income producing properties such as apartment complexes, shopping centers and AAA commercial tenant properties, the immediate income stream could well outweigh the longer term rise in property values.
Lot's of points to consider, personally I am hanging tight to see what happens next.
GLTA
Good Point....
This stock is flying under the radar of many people. We are very close to .01 which hasn't been seen in a long time. The SEC filings are being cranked out like crazy.
There can only be one conclusion from this, and that is there is a plan already in place for this Shell company, and the odds are, it will run like mad once the official go forward plan is announced.
There are still risks because this is a penny stock, and we have no idea what the plans are, but I like where are sitting at this point in time.
I'm a gambler, and loaded up on this one. The question is where do we go from here? If I knew the answer I'd be kicking back on the beach in Maui!
LOL
Sellers are gonna be sorry....
I spent a couple of hours going through all of the filings to date. There is a lot of negative information in the filings such as a "going concern", and "raising capital through the sale of stock", but that shouldn't be a shock to anyone who plays penny stocks.
There are a few major differences with this stock as others have pointed out, in that the filings are "audited", and they have been cranking out the filings like wildfire. There is obviously a sense of urgency to bring this company back to a fully reporting status. Why? I have no idea but it shouldn't leave a whole lot left to the imagination.
In my opinion, there is already a R/M candidate who has either purchased this shell company or, there is a and agreement in place. Common sense should tell people that. So the next questions are, what about dilution or reverse splits?
All are possible, this is a penny stock, it's the wild west of gambling however, the O/S is 144M and the Float is around 100M. That's pretty darn low for a penny stock.
Personally, I think the upside potential is huge, but it all depends on the business plan. There is a plan to be sure, otherwise all of the filings would not have been submitted in such detail and as quickly as they have. Common sense!
I suspect we won't have to wait too much longer before we know the grand plan here.
GLTA!
I see (9) 10-Q's Filed Today....
Wow, when is the last time you saw this with a Penny Stock?
Somebody is doing some serious Forensic Accounting on this company.
http://ih.advfn.com/p.php?pid=squote&symbol=BDLF
Five 10-Q's filed yesterday, wheeee!
Two more 10-Q filings today....
Getting ready to Rock and Roll here folks.
Sellers will be Buyers soon.
Wheeeeeeee!!!!
Float is 100M, very low for a penny stock
You ain't seen nothing yet, 10 bagger easy!
I told you guys this stock is gonna rock.
R/S killed this stock, recovery not possible
Wow, this stock is a real stinker!
Scared money bailed out today...
Some people don't mind taking a loss right before a big run, lol
Apparently the SEC has not heard of Speculative trading, lol
BDLF upgraded to Limited Information...
1.5M in volume, and 6% price increase today. Looks like we could have a viable candidate for a good run here.
http://www.otcmarkets.com/stock/BDLF/quote
Where was everybody today?
LOL