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Deja vu of yesterday. Except with higher lows.
You have a better chance of buying in at $0.09 than at $0.009.
Haha...that's actually a funny analogy.
Agreed. $0.02 is definitely in play for BBDA on Friday.
Nothing wrong with being a trader just looking for breakouts. That is your preference, and more power to you.
But for those on the fence about actually investing in BBDA, let me simply suggest that currently BBDA is highly undervalued. This is why:
At $0.0182 per share, the current market cap for BBDA is around $43.6 million.
Using the "average" P/E ratio of 28 on the NASDAQ, BBDA would only need annual earnings of around $1.56 million to justify the $0.0182 share price.
BBDA reported $600k earnings for Q1 2012, which translates to $2.4 million in annual earnings. However, this is BEFORE all of the major recent developments (e.g., Walmart placement, etc.).
So even before the Walmart deal, BBDA still appears to be significantly undervalued (it should be at least $0.0280). But once we include the Walmart deal, Europe/Asia deal, expansion into other U.S. states, etc., it appears BBDA is EXTREMELY UNDERVALUED AT ONLY $0.0182 PER SHARE.
In my opinion, BBDA shares should currently be closer to $0.10. That is why I am maximizing my profits by holding long. We are not even close to getting the true value out of our shares yet. Don't sell yourself short and chase the price up.
Because BBDA is so undervalued, there is no stopping this stock. Even with a major correction this morning, we are already back in the green.
Best to all the BBDA shareholders holding long.
Very impressive.
Here is just an approximate breakdown:
At $0.017 per share, the current market cap for BBDA is around $38 million.
Using the "average" P/E ratio of 28 on the NASDAQ, BBDA would only need annual earnings of around $1.36 million to justify the $0.017 share price.
BBDA reported $600k earnings for Q1 2012, which translates to $2.4 million in annual earnings. However, this is WAY BEFORE all the latest developments (e.g., Walmart placement).
So even before the Walmart deal, BBDA still appears to be undervalued at the current share price. But once we include the Walmart deal, Europe/Asia deal, etc., it appears BBDA is EXTREMELY UNDERVALUED AT $0.017 PER SHARE.
That's why in my opinion, we have a LONG way to go, and BBDA will easily exceed $0.1 per share. As a result, my finger remains nowhere near the sell button.
Exactly.
Just as a point of reference, the average P/E ratio on the NASDAQ is around 28.
38,114,000/28 = 1,361,214
$1.36 million is way undervalued for a company like BBDA with a hot product and a rapidly growing distribution network.
We still have a LONG way to go.
Are you actually using a P/E ratio of 1?
Absolutely. The traders who sold yesterday are kicking themselves right now. The traders who sold two days ago are kicking themselves even harder.
But we investors who simply hold BBDA shares long never miss out on a single cent of profit.
Agreed.
You say you are impatient and got left behind many times on BBDA.
Sorry to hear that.
Agreed. If there is a dip tomorrow, I expect it to be relatively small and recover quickly. BBDA performs so strongly because of its products and growing distribution.
Agreed. Which is why I'm holding all my current shares long. Don't want to live with "if only" regrets later.
Putting this flip-flopper on ignore.
All valid points, Mike. Depending on how things develop, even 10 cents may be too soon. We'll find out soon enough.
Best to you and all the BBDA shareholders.
A nickel in 2 days sounds a little quick.
Personally, I strongly prefer a more steady and predictable rise in share price. But regardless, BBDA has a very long way to go. We're still only a little over a penny. I won't even consider profit taking until at least the 5 to 10 cent range.
Thanks for the comic relief.
Indeed, once everyone returns from lunch, BBDA could close above 0.015 today.
Sorry to hear that. BBDA is still just getting started.
My finger is nowhere near the sell button. BBDA is just getting started, and we have a LONG way to go.
Agreed.
Yes, WAY more.
The longer you wait, the more of a premium you will have to pay.
BBDA shareholders, congratulations. Let your investment speak for itself.
Sounds like somebody really wishes he had BBDA shares.
And as always, today didn't disappoint. BBDA is performing well today, and is poised to continue significant gains throughout the week. This is truly just the beginning.
Good luck gg7 and all BBDA shareholders.
I am absolutely holding long on ONCS.
Agreed.
Nice try.
Amazing how the new support level for BBDA is in the mid-90s.
This steady and predictable increase in price is exactly what we shareholders are looking for.
Both the performance and potential of BBDA currently exceeds every other investment in my portfolio.
With BBDA on the cusp of breaking .01 and possibly multiple pennies very soon, all the bashers are coming out hoping to pick up cheap shares.
Sorry, not going to happen. The longer you wait, the more of a premium you will have to pay.
BBDA is one of those rare stocks that actually makes us look forward to Mondays.
0.009
Great close to an amazing week for BBDA.
Very impressive.
Which alone doesn't determine the share price. Among other things, a P/E ratio is still required.
Considering BBDA is aggressively expanding into new market areas and big name stores such as Walmart, an aggressive P/E ratio would seem appropriate.
Gorgeous.
And all for free. Olaf doesn't benefit a single penny from all his DD...he doesn't own a single share of BBDA.
Yet we shareholders can leverage all his time and effort to our benefit and immense profit. Whether we actually agree with it is another matter.
Agreed, gg7. But to each their own. We shareholders of BBDA choose to spend our time and energy differently.