Still time left till EOD. Of nothing, then Rob wasn't accurate or the CEO wasn't. I won't go as far as accusing anyone of lying, as many things could have impacted BUGS ability to disseminate news. However, we ready know that one of Rob's bullets was inaccurate after verification with the CEO.

Grease

So it appear the DOJI signal was pointing to the few times where it indicates a trend continuation. It appears that MMs will continue to extend this downwards past the 4s (which I had expected to be the lows) to the 200 DMA. Any thought of the bollinger bands tightening further is out the door if it closes at 45 or 43.

These guys are smart and ruthless.....

Great news. Thanks, Grease! Now let's work on getting BUGS's name out there.............

I needed a laugh this morning.....inside info sold out? Wow, there really are very unintelligent people on this board. You mean if I bought a position last week on anticipation of Collin materializing, then found out it didn't and decoded to close the position, that would be inside info selling off? Keep this up, if nothing more than for the entertainment value.


Guys, these are not "dips". Clearly, there has been a downtrend. If you draw two parallel lines from the day of the High (.016) downwards, you can see it clearly. Last week, when I mentioned it dropping back to the 4s, it was based off of that. Doji signs are always intriguing. Most of the time they signal a reversal. If not, I still believe it will be a Great buying opportunity in the 4s.

Right with you, Viva!

One possible explanation for that is some people put buy orders at resistance/support lines. Just like there were sell stops at .0027, there were probably buy orders put in at the recent high, .012, which would have become a support line.

I doubt that is what happened. Usually confirmation requests come up before the order is entered. Look, the liquidity is hardly there. Up until that point around 3:15, there was minimal volume and thin bid/ask lines. If a seller came in to close his position of, say, 3M shares, the market will react quickly and swiftly with that order relative to the volume and demand/supply at that time. That sell order managed to lower the bid to the point where many stops were triggered and down to the 200 DMA, which is 0.0027.

Bob really has to come out with something around the investment negotiations or the new spill kill line, or this is headed back down to the 2s again.

Guys, we just need to calm down a bit. It just could have been that the MMs wanted to trigger several stops, which they succeeded in doing. Notice that yesterday the last trade happened around 1:30, and today it was around 1:11. Liquidity had dried up. I think it was just their way of opening it up a little. This is bound to pop with the season ramping up.....

Again, written by those who either have hidden agendas or have absolutely no clue. I would even dare say that the elevator doesn't go up all the way........

Look guys, we need to challenge issues as they come up. It is all part of doing a DD on the company prior to making an investment decision. I have close to 5M now, and have been accumulating on dips. I strongly believe that we will see a significant pop in August to test the recent highs.

In a weird way, I do agree with you. I re-read the post again, and there welas quite a bit of information being divulged that could be construed as insider-information. I hope Rob did not take any liberties in interpreting what the CEO discussed with him, assuming that the call actually happened.

It does not open until 9:30.

You should be able to get that tomorrow. My guess is a close at .005. I will put my order in around that number, depending on what the market forces look like tomorrow. If Rob's post is accurate, this is a no-brainer.

Rob, awesome post! Thanks for the great info and follow-up with Bob. Let's see what happens next week. In the meantime, this is a great point to accumulate some more and build a very nice position in this company. Good things to come.

Viva,

It is now below the 50 DMA on a little bit of volume. This looks like it is going back down to the 4s. Again, another excellent buying opportunity there. Last time it went under the 50 DMA, it stayed below it for a few days and in the 4s. The TRIX was converging, but now it appears to be diverging.

All longs would love that, right? Unfortunately, this is driven by MMs at this point. Unless a bunch of us start buying up the float and locking it, they will decide when to take it up and by how much.............

Hey, if the spillkill.net site is a copycat (as a poster had mentioned), who really has that trademark? Can someone find out? The gov would not approve the same trademark for 2 different groups. Thus, if that site is a copycat, do we expect BUGS to sue it? Has someone called them to inquire about the products and the trademark?

That post was too funny! I can't believe how stupid some people can get. Thinking that bringing up a reverse split at this time will cause the ground to shake is utterly laughable. Not worth spending any time responding to that childish attempt.

On a more serious note, it is sitting right at the 50 DMA. My guess is that this time, it will close below it, given the volume we still have to give back from the run-up on Thursday. I still believe that we will see a dip into the 4s again for a few days, which would be another excellent buying opportunity.

I really hope that China has success with their attempt with microbes, and maybve that willr esonate in the minds of politicians here. Unfortunately, the only thing they seem to be concerned about is showing to voters that they are responding and that it is working, e.g. burning fires which peoiple can see directly. Very short-sighted indeed........

just depends how they decide to fill the orders. Partial fills still constitute a trade. That is a way MMs signal pps movement.

just printed a trade of 44,444 shares. Not coincidence. MMs will continue to trade sideways around the 9.

In this case, it is balancing their accunts, more likely. the movement up is based on speculation that an event is likely to happen soon.

Wwatch this start moving up back towards the 9s.

interesting you call it a P&D. The other scenario (which happens frequently) could be that MMs come to a negative share balance due to the inceased buying. They need to buy shares to balance their account. Hence, walking down the pps to buy back lower to cover the short balance at higher prices. Classic phenomenon.

absolutely! it straddled the 50 DMA for a few days, and now is above it and ready for the pop. IMO, the base it formed here now allows it to break through resistance at 0.015. One PR around an expected event (e.g. new commercial website, agreement of licensing deal, etc.) should be enough to push thus though a penny.

the candlestick today looks outstanding, albeit coming on low volume. It was able to stay above its 5 and 50 DMA. It seems like this is being set up for the next pop. Recall that the last move started from the 0.002s. This may have enough legs now to push through resistance at 0.015 with a major PR.

And is this how you concluded that they were "better and more efficient"? By seeing them on CNN? Ok, thanks for clarifying. I had thought you may have conducted some side-by-side comparisons to come up with yoru statement.

Actually, I would be interested in RAZ clarifying what he/she means by "better" and "more efficient", along with supporting links/data for that statement. It is too vague, and by clarifying, it will inform us to a large extent as to his/her knowledge and/or experience in this area.

what is youru email address? don't have pm capabilities here

11111 shares trade on the board!

5-star post, doogdilinger! Awesome response. It just amazes me how some want to twist facts and non-facts to serve their agendas.....

Long and strong

That's the strategy now - if you liked the stock enough to buy it in the high 1s and low 2s, you should still like it now enough to pick up more shares, if you have that extra ammunition. Nothing has changed fundamentally since last Thursday with this company.

Have a little more BUGS to sell to move into this one.

well, the float lock-down is still uncertain, as DFBs numbers show a decrease from 99% to 93% over a few days. Even though many of us have stated on this mb that they have been buying, I am not sure if that percentage is any better or may have even come down with stop losses taken out, people panicking, etc.

On board since the 0.0006s. will hold for quite some time, as this is a very strong group.

Morning Demz, all.....this group is very impressive how it is sticking together. I plan to take another 1M away from the float today (hopefully before it hits .02!)

Hilarious!

Let's have another solid week, guys! Althought float lock-down went down to 95% (per DFB), let's see if we can bring that back up again to 99%.

Holding and added more ysterday.

FASTMANDOOOOOOOOOOOOOO, fellow poster from the SPNG days! got a winner here. recouping all losses from that scam and then some right here with this one!

Morning all, looking for another great day today.

I plan to sell the rest of my bugs position today and add to sthg, even at 0.02. DFB, I still say we need to get an updated count, as many have been adding to their positions and some have bailed out already.I would bet that with all the shareholders here on this board we have over 100M shares.

Demz, it's probably time to get another count, considering that some people here probably sold in the past 2 days. I will send you my updated position to your email shortly.

That last trade of 1100 shares at 0.011.........it wreaks of MM signals to each other.......

which direction, Admiral?

Curious why you think the future vision document will be taken down soon? Don't you think that the company already knows that there is a "confidential" company document on the website? What purpose does it serve?

"IMO AT this time BUGS has nothing to do with the oil spill clean up.

Bugs is presently engaged in reorganizing it self through mergers and acquisitions.

The pps recently spiked up on news of it's acquisitions"

Is this from a well-informed opinion or, again, a statement made to look like it is based on factual evidence? What happened to all the statements you made about having the contacts relative to other companies, the consolidation, etc., implying that they would get something concrete from the cleanup? Are you saying that the spike on 4/29 and 4/30 had nothing to do with speculative buying, and instead was about acquisitions? Hopefully, we will read a rational response.