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Oh my god you guys are too funny!
It was sarcasm people! I hope I am not over estimating the intelligence of our fellow board members...
I own about 3M Bri Bri.
My interest here isnt to make enemies, just making sure my interest is protected too!
Chris and Niostar have bashed with ridiculous posts for some time now. For you to go to Berge himself with that I thought was a little extreme. And for you to put weight behind their rumors means you take their bashing seriously. Thats a problem.
I think its great he answers posts from stock holders. Rare to say the least. I also think his time is valuable and better spent at what he is good at. Sorry you guys all took such offense to it.
Here BRI BRI, here are some other things to bother him with.
Bergio jewerly sucks!
Bergio is going BK tomorrow!
All Bergio jewerly has fake diamonds and fake gold!
Now you have more things to email Berge and say there is someone spreading rumors about his company. Tell him you're unsure if this guy is right and please take time out of your busy day to put your mind at ease.
I understand it being a public company.
I am saying why are you wasting his TIME with stupid questions about RUMORS from a known IDIOT on IHUB!
Let him do the job that we all want him to do! Make deals and sell product! Being your personal secretary isnt one of them!
For the last week or so, Ameritrade and Etrade have been putting 2 0's behind every bid and ask amount. So every hundred thousand looks like 10 Million amounts.
It has to be a glich, thats all.
Thats funny Wishful. If i was a 13M share buy, you would have said OMG someone knows something, stock is going to rocket! But because it was a sell you down play it likes its nothing?!?! Get your head out of the Kool-Aid man!!!! Everything always isnt what it seems!
Unfortunately that 13M share trade a few minutes ago was a sell and not a buy.
You expect???
LOL Good luck with that!
Does anyone here even consider the possibility that Bergio's debut on Shop NBC is a flop? All this constant chatter about the sky's the limit and straight to a penny in 7 days!?
I dont see one post about considering that this could fail. Instead I see posters making Mortal Kombat references. LOL! Very intelligent! Im all for hooray's, but the intelligent debate seems to have been covered up by the pumping.
Keep in mind that the last time this was at .003, I think Chris said it would go to trip .000's. Not only did it do that, it stayed there for 3 months...
Hey Succo, I am BRGO's side here. I own a lot of stock. I just dont like misleading statements on a stock that I own to be thrown around so carelessly.
If #9 and #10 do not happen, I expect an apology to the board.
If they do happen, then your assumption was right, and GREAT JOB!
I would answer you privately but I cant. Sorry
I KNOW! ITS GREAT ASSUMPTION!!! CANT WAIT TILL IT HAPPENS!
Thank you for the 8 Unbaised Facts on BRGO.
We all appreciate you great Due Dilligence here as fellow share holders!
GO BRGO!
It has not happened so therefore it is assumption. I am in the process of buying a new house. Do I own the house yet? Can the underwriters of my loan not approve it? Can a home inspection come back faulty? There are many reasons for this deal not to go through. But tell me, do I own the house yet???
That's what I thought...
And actually #10 is an assumption too...
#9 is an assumption. It will be a fact when it actually happens.
fact: something that actually exists; reality; truth: Your fears have no basis in fact.
2. something known to exist or to have happened: Space travel is now a fact.
The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern. The Company has consolidated losses from operations of $5,781,038 for the 3 months ending February 28, 2013 compared to a loss of $799,589 for the same period ending February 28, 2012. There is a total accumulated deficit of $40,753,600 as at February 28, 2013, and a net loss of $7,930,191 for the nine months then ended. Furthermore, the Company has inadequate working capital to maintain or develop its operations, and is dependent upon funds from private investors and the financial support of certain stockholders.
Thats what I figured. Thats why I said whoever is holding 200M shares can easily manipulate this stock and keep it nailed down and still double their investment.
How many of the 400-500M new shares do you think are above .001? Are between .0005-.0009?
Hey CC,
Read UNDAUNTED's post replying to someone about the dip into the .000's. From Jan 22nd until now there has been only a few days that this has traded above .001. In that time, and probably before that a month or so, the share count went from 240M to what it is now, which is what 700-750M? Krony could tell you. So in all that time 400-500M shares flooded the market. Who picked them up? Retail guys like us, highly doubt it. Mostly MMs. I dont know for sure. I am making an assumption that most penny's are manipulated, would you agree? I think its fair to say that its foolish to think that this stock isn't manipulated. And even when news hits about this MEGA deal, it will be controlled then as well.
That's ok. We'll be in the low teens for awhile longer. 200M shares were sold at .0005-.0007 if not more. Nobody know who picks those shares up. That gives someone a hell of a lot of ammunition to keep this pinned down for as long as they want. And at the benefit of doubling their investment! Everyone seems to forget this is a penny stock. You think "Berg" is the next messiah? They're selling high end jewerly, a niche market. Not exactly a fast track to riches and fortune. Have you looked at their line of jewerly? I cant see people paying $12,000-30,000 in droves for this stuff.
So relax...change your tampon, pop a midol, watch a lifetime movie. Get comfortable!
Which makes your post equally as useless...Irony at its best!
What scares me a little is that sooo many shares were picked up at .0006 and 0005. I would estimate at least 100M. Depending on who holds those, they have some powder to keep this down for awhile, if they choose. Be patient and pick your spots to buy and sell carefully! Remember, its a penny stock for a reason.
I need this to be at .0022 to break even so, I a close watcher of what happens.
Awww , Krony....I'm sorry. I hurt your feelings! :(((
Sorry
When the ask was at .029 and bid at .024 I put in a buy for 48000 shares at .025 and it got filled... Luckily. Curious to see how this runs again. Doubt it can go like last time!
Didnt this just happen to SOMX? Stock gets approved, goes to $5, then the next 2 years, its gets driven down to the ground, reverse stock split, then buyout? (or something to that effect?)They did it to Comptom Petroleum too.
I think this is getting prepped for a buyout out...unfortunatley it will be for a price no where near $26.
Thats funny Holsh!
I like your simple math! I wish my broker knew how to do YOUR math!
Lets see, you bought a small position at .0011, then added a little more at .0010, then you said all you needed was 2 times that share amount to get to a .0007 cost basis...hmmm
So lets plug in those numbers and see what happens. Let say you buy 100K at .0011, then another 300K at .001. That gives you a cost basis of .001025. You buy another 800K at .0006 ( 2x the amount) gives you a cost basis of .00089 by my math. Someone double check that, I could be wrong as well. I said you needed 5 times the amount at .0006 to get you to a cost basis of .0007 which would be 2M shares. Lets try that. Well thats a little low, about .00067
All Im saying is that you dont have a cost basis of .0007 when you bought at .0011 and .001. and then averaged down at .0006 at only 2 times the amount of the totaled 1st and 2nd purchases. Sorry
I find it nearly impossible that you're even at .0007 if you started buying at .0011. You would have had to buy 5 times the amount of shares at .0006 just to get to a cost basis of .0007. Not to mention that you said you have been continually buying down, which means what, .001 .0009 .0008...
Something isn't right...
So, this held its support at .026 and if this slow gradual climb continues, this could be big. Never trust a stock that shoots up 2500% in 5 minutes...lol
I have a large position, but I got most at that .006 I told you about earlier. It was weird cause this stock was ignored for with zero volume for 5 months, and then someone dumped a few million shares at first .02 then .01 then another million at below .01. and then BANG! 2500% I never saw my account that morning, but I estimated my $3200 investment would have been about $85,000 had I sold.
Im willing to wait for that again :))
630 likes on Facebook and I'll bet the house that not one of the 630 is a stock holder!
Last time they dropped it all the way to .006. Do be surprised if this support at .026 breaks
I will never understand how over 50 million shares sold over .06 in a day and a half, and a mere 2 million shares sold drops the share price 40%. The market makers are geniuses at what they do. Gotta give em credit! They always win...
Ive been watching this stock everyday for 3 months now (ever since it went on that vicious slide from .10 to .006. There has been ZERO signifigant volume since then. I dont know where the MMs would have gotten cheap shares to manipulate this. My guess is that most shares exist at a relative high cost basis. Just an opinion. This volume is crazy!
re read post 212 and tell me, WHO DA MAN!
(LOUD APPLAUSE)
Yea...mine is stuck on 0.04 at TDA...it always happens. Has nothing to do with anything. That streaming quote box always gets stuck...its a pain in the butt. What I do is open the last trade window, and that gives me a real time to the second of trades made.
Someone bought 4 MILLION shares at .07. Yikes!
This happens every morning...artificial prop up in the morning with a buy in the green, ask and bid showing like it wants to break...
But then the pain starts at opening!!
If you all remember, the last time this was dragged down they took it all the way to .0019 from .009ish, and then 2 days later it went on a small epic run to .018 on INSANE volume of two days of 300M shares a day.
It seems alot like that same pattern except the difference is the volume on the down days wasn't anywhere near what it was today and yesterday...over 200m shares! yikes :0
I'm confused but Im still a buyer of 1M shares at .0016.
Man, was I at the right place at the right time. Was watching it all morning, and saw the 1.5M shares selling at .02, and got a little scared. I watched a 250k order go through and I bought 57K shares at .0204, right then and there...volume preceeds something good right?
Feels good to make a good trade! GL
This stock is acting very strange...I would love to know if these buys are retail or MM moving it.
Is it going BK, or is there some news in the works that is going to come to light soon. I was one of the ones that snagged when someone dumped at .006. I grabbed 200K shares. I figure its going to zero, or $20K. lol
So, a 5M buy then a 8.3M but, and not a flinch in the stock price. For every 1 M shares bought today at .0012, another 2M shares came right back at the ask...
weird...
Hey Undaunted,
My thinking stems from the 3rd Qtr results. Brgo is not a small bio tech that needs stock dilution just to keep the lights on and pay checks being signed. They are a net profitable company (at least for one quater). They are in a upward trend of trailing quaters. They used this so called toxic financer as someone posted to bridge them until deals were made. There are signs of progess that point towards a steadier future to stand on its own two feet.
I have no idea what will happen. Im trying to weed through the numbers, and everyone's opinion and make an somewhat educated guess. That means I know as much as everyone else...which isnt a whole lot!
All great points Avalanche.
I assume that everyone selling now it is at a loss...except for the toxic financers...
So we are somewhere in between catching a falling knife, and becoming seriously over sold.
As long as the company is posting sales, and creating revenue, we are not going anywhere. We cant go BK. Dilution seems to be in the final stages. That makes me a buyer at these levels.
Ive added 2M shares at 16 and 18, and will try to pick up another M as it drifts.