Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sorry, a mistype: I mean two persons sell and one person buy.
however. my opinion.
Oh....and freinds...I am a longterm shareholder who has had the gut to stay here for nearly three years....and thus I can tell you: I do not like the current chart as I see that every day one person sell and one person buys.....Even Lenin knew: Progress only happens if you go two step forward and only one step back!
The question really is : Is it a play....or will it progress to a listed company with a business and reports and a future as a stock with growing shareholder value?
If it is a play....than the play will be over very fast!
The other answer you know!
Currently, as it is a pinksheet stock with just some wonderful news....it is still nothing but a play as wonderful news I also can read at other pinks!!!!!
As I always said: As long as a pink is a pink a pink is nothing but just a worthless pink! And until today I do not see any 'value' but only wonderful news releases filling hopes here for the big money.......as usual ! LOL
well, comparing chart/movement of the curve, volume , candles, etc. I worry that I have to believe in a downtrend to .40 till mid of next week. The current movement will be used by some day trader as well as tiny sellers who do not have the gut to stay with their small position if they see the daily decrease. It is a sad rule that an enormous increase turns into a longterm fall by low volume. It is truly a pity to see the chart going back like that.
The only positive thought I have is, that insider still keep their shares....which I also only can hope.
But I do not have the daily illusions you guys have - I have seen such charts too often in two decades
You might know that the past increase has been teh result of gambling! Those trader/gambler giot in as the price has been under .25. Those gambler might be gone as the made cash and sold all their positions in BGMO. Those gambler might not come back again as they look for the next game. This means, that all those millions of shares, which have been traded within just some days, have been traded only because the price as 50% lower than today. I am not shure we will get such increase again 'with the blink of an eye' within next time. I think the Billion-news was THE news which has been rocking BGMO. The next real increase we will see when Herzog announces first filings of financial reports which would show that we really go back to OTC or maybe higher.
Well, my opinion bases on years of experiences with this kind of stocks. Evebn I think BGMO develops currently to a promising story, I do not see such increases againb and again just because BGMO/Herzog delivers new news. Yes, might go .70....and than hundreds of thousands of shares will be sold again with gains of 30 - 50%
Well, my little post can be interpretated in this and that direction.....it was a little bit ironicly meant to former post1
But also: Of course I hold.................I'll see how strong ,-)
"Holding strong" LOL ,-)
'Holding strong' is a very sweet wording for calculated optimism - taking into account the yesterday some here predicted enthusiastically we go'll back $1. within one trading day LOL
Thank you!
funken, I am used to this at this board ! Strange but usual.
As I do not find any note by Bergamo, that 'stockguru' has been appointed to do the IR, I think it would be helpful if you prove this appointment - as IR for a listed company is a very serious job!
well, thats an acceptable comment of a trader
I never delete posts....I just have a coffee and get off the computer if I tired by a talk.
Cheers LOL
I hold eight microcaps since some years....all of them receive the same comments like yours since I have been getting and espececially since the global economy goes down. Some of them (even two pinks) have been at the ground and now they are up some 100% and I made great gains.
A coin always has two sides.
By the way, I did ask shareholder if they accumulate -not negative people who - of course - will never accumulate SPKL - only for a daytrade maybe.
Thanjks for your efforts - included you private list about stock promotion....by the way you have forgotten the OTC-Journal which covered SPKL till September last year.
You seem to forget that promotion is nothing special, also big caps promote!
I am interested in an trustworthy growth of this story - you are intersted in daily shareprices, insider selling ( I notice this at all of my holdings of microcaps!) and dilution - not taking care about heavy dilution or controlled dilution.
Well, all in all we havbe a totally different view of things.
As I am in here for some years your arguments can't touch my decision to hold SPKL....as long as I do not see a scam - which I do not see here at all!
SPKL is a reporting company, growing with a usefu, promising and good story and - sorry - dilution is usual at microcaps. If dilution and insider selling is scaring you, you should simple get out of microcaps in general.
By the way, in 2006 SPKL has had O/S of 36 million - today 2009 56 mill.---------- so what? This is even an acceptable dilution if you compare with other stocks.
I am neither pleased by dilution nor by insider selling, but after 18 years of microcaps speculation I know the game.
If SPKL continues to dilute just 5-7 million shares per year till the revenues got stronger, we can be very pleased with this management.
And, directors have the right to sell. as long as their holdings are ten times higher than what they sold - where is the problem?
Useless comment of one of those stockboard visitors leaving a piece of shit to the community without value. As much as I see all your posts are in this style. Grow up.
friends, you will be able to repeat your 1000 theories within a long time in near future LOL
This is a gambling stock as long as it is a pinksheet. You should simply accept this unpleasant volatility - Take into account that for example 5.000 shares have a value of just approx. $2.5k.....there are a lot of gamble who have such a small amount available. Daytrader even might use $ 10k and accept a gain of 5% within 30 minutes. That's how they make their living!
Do not waste your time by funny theories. You shopuld buy at .53 and sell at 63. as long as the whole market does so. If you still keep the bigger bunch of shares for the long run, you are anyway in for longterm. Get off your dreams this will make $1 within next couple of days again. It will trade within +/- 20% for a while....IMO
Question to shareholder here:
even nobody seems to be in the muid - undersatndable - to discuss about SPKL, I would like to know if some of you accumulate currently or intent to do it at this prices?!
I have a bunch of shares but nevertheless still believe in this story, even it might take a long time till anything 'spectacular' will happen to the shareprice. Gus we have to wait two years. But based on the current O/S we are at a marketcap of just $ 9 mill. - if SPKL goes .10 within next 6 months we would be at 6 mill - which would make the stock very unvalued IMO.
Well, no discussion neccessary, just curious about the 'accumulation situation'.
The SEC just platters anyway. I never have seen any better chance in the world to screw people by microcaps, dilution with tons of shares etc. etc. while this institution watches everything without moving their a%%es. Well, a free world has also the freedom to screw the world LOL
Why not 1000% today?
As a lonterm specualtor I am not really interested in daily gambling prices! Of course, if news comes, why not. But many gamblwer here are waiting for news only to use the momentum and the volatility - which is ok of course. But such volatility also can destroy confidence of serious investors as they are loooking for real gains and not just some thousand dollar.
I would also gamble this or that pinksheet - if the story would not be as hot as BGMO is! The potential of such a story is much higher than usual. As this is very seldom, I do not intent to sell and miss entries just because I have thrown my bunches of shares into the market for buying my girlfriend something at Tiffany
However, news is nice but as every news needs to be prepared first by developments and progress, I think it might look better if BGMO does not deliver daily news. One day gambling people get used to such news and if this or that day or week there would be no news they start to bash ! This is how microcap gambler 'work'! Idiotic - but unfortunately true.
It should not need any news again to get this back up. The latest news was that great that it would be very astonishing if it is not enough currently to satify some of those who have been waiting for an entry point. This is given now. BGMO will not be able to deliver always better and better news just to get us satified. How many billion does a pinksheet company have to announce to make the company interesting. I would not be pleased and also very astonished to read always great news day by day as one day people might start to wonder if this is all for real! So I prefer to see a quiet, but steady and trustworthy development of the shareprice based on the latest news, so that people do not have to woory that they lose two days later after they have bought.
Well, just IMO.
Herzog was the director of the economic delegation for the region of India/Pakistan and has been traveling with Bush while his presidency. Herzog knows this region very well for decades. so it is no wonder that Herzog always has been trying to deal with those countries as he could use his connections after all those years. I do not doubt at all that Herzog has a great reputation there and seems to help Bergamo now and efforts of Herzog filling the company with substance.
Call Herzog and ask him - whoever might not believe me.
Doji is a nice japanese guy who tells us if we shall sell or buy - but he is only nice to those who listen, watch and take care for their money ,-)
Good night all......we have a green weekend - helps to breath until monday ,-)
What do you think - Herzog releases such news but does not make efforts to go OTC or AMEX ? Guess he is interested as well in value of his shares
look like a Doji again ,-)....could be the end of the massive selling, this is true.
Interesting:
You spend amazing ten minutes into DD on BGMO, documents, news releases, bullboard discussion etc,.....and than invest a complete hour to post here that BGMO might be a scam.
If this is the style you always involve yourself in a story I do not wonder that you have been screwed by microcaps LOL
satelliteguy, some questions:
1. Is it your personal opinion all those documents presented at the homepage of Bergamo (letters, LOIs, etc.) with the signatur of pakistanian politicians, are scam?
2. Is it your personal opinion that the news release about a 1-billion-dollar support by a London Investment House is a scam?
3. Is it your personal opinion, that Herzog might belong to those CEOs who does all this possible BGMO scams (which you assume it could be) because sold all his shares to the market within the last week? (Another reason I would not be able to see for Herzog to do such scam)
4. Is it your personal opinion that all those photos of Herzog and the director of BGMO, showing them with members of the pakistanian goverments at different rooms and places (which indicates that they have met each other often at different places) are all scam?
5. Is it your personal opinion that Hillard Herzog did keep BGMO alive all those years waiting for a chance to screw the market by announcing a deal with Pakistan which does not not exist.
6. Is it your personal opinion, that Herzog might risk his wealthyness as well as his reputation by doing this scam?
7. Is it your personal opinion that Herzog uses officialy names of members of the government of Pakistan to let his 'scam' sound as realistic as possible?
8. Is it your personal opinion that members of the pakistan goverment involved in those announced deals with BGMO might receive money for accpting to be used by this possibkle scam by Herzog? (which will, without doubt, get know to the rest of the world as well)
9. Is it your personal opinion, that the Bank of India is part of this possible scam as their name is mentioned in one of the former news releases by BGMO as supporter of BGMO?
10. Is it your personal opinion, that a named Investment House in London accepts to get under investigation by announcing an usually totally unrealistic amount of a 1-Billion-Dollar support for a deal at Pakistan?
do you believe that Herzog makes so much money with this possible scam that it is worth to destroy his life as an old man he already is?
Your answer is without any risk as you have the right to have a 'personal opinion' ! So, thanks for your answers.
Pardon, the german part in my post has been for a friend of mine which I have been sending a message exactly about this phaenomen.
Well, it is a pity for those little gambler, who have no knowledge about speculation and just listen to recommendations by paid promoters or at bullboards - recommendations made by people who have no clue either about speculation ,-) Ifall of them would waste their time a tiny bit with chart techniques, they would avoid losses insteed of buying high while the chart says" Keep your hands off this days cause next day the chart curve goes south"
You can't help those people, they just always follow the crowd blind.
Thanks, but I know it is a Doji.But using terms of chart technique does not help the community as the most do not know anything about Fibonacci retracements
Als Doji bezeichnet man eine Tagesformation, an der Eröffnungs- und Schlußkurs auf gleicher Höhe liegen (Kerze ohne Körper). Dieser Idealfall kommt in der Praxis selten vor, so daß man auch von einem Doji sprechen kann, wenn Eröffnungs- und Schlußkurs nur unerheblich von einander abweichen. Einem Doji kommt eine besondere Bedeutung zu: diese Formation gibt einen Hinweis auf die Unentschlossenheit des Marktes und tritt sowohl in einem Aufwärts- wie auch Abwärtstrend auf. Ein Doji signalisiert eine Patt - Situation im Verhältnis von Angebot und Nachfrage. In der japanischen Theorie geht man davon aus, daß sich der Markt an einer "Kreuzung" befindet. Somit ist es falsch, den Doji grundsätzlich als Trendwechselformation zu interpretieren. Erst der Folgetag sollte die neue Trendrichtung vorgeben. In der Praxis ist die Lage des Doji nicht weniger wichtig. Dojis nahe einer Unterstützung- bzw. eines Widerstandes kommen hierbei besondere Bedeutung zu. Einen weiteren Hinweis für die mögliche Fortsetzung der Kursbewegung liefert auch die Lage der Eröffnungs- und Schlußkurse.
Doji
The most important chart is this one:
http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ihsymbol=&ihpagelist=Quote&symbol=USOTC%3ABGMO&s_ok=Get+Chart&period=1&drawmode=2&size=18&volume=1
a the last day of the hype it shows a typical candle with a long tail up and a long tail down but only a very small difference between opening and close of the day. This last candle within the formation of the three candles of the three days of increase warns already that the following day could be a profit-taking day: Buyers did not want to pay much more anymore in the opposite to the other two days - this is what the candles says. And this usualy would mean a decrease of shareprice the next day. I studies the chart only now as I do not follow daily charts as a longterm speculator. As I know this formations from other charttechnical studies to me it is clear that the hyphe has been finished (for this moment!) with this tiny candle. And - as I also said in another post - this could mean a domino effect which results in an enormous drop - which happened as well.
Just an idea for the next time - if some here are interest in an opinion about the chart of BGMO within the last 7 days.
Good night from Europe !
Hey fallback, never give up believing in people - otherwise we also never can trust the psychology of the stockmarket which is formed by the same people ,-)
Price will recover - no doubt at all! Whatever Herzog might have said at phone calls or whatever he did not say....of course this man is loyal to the current development at BGMO. It is not important if he said this or that - important is if this whole pinksheet story is trustworthy - the current drop is neither a result of bad news nor the result of selling longterm shareholder - it is just a normal reaction to the enormous increase within just some days - and, of course, also MM games!
I hate the past og BGMO but I am confidental that, based on news releases, reputation of Herzog, availability of Herzog and based on the fact that the whole story is very easy to follow and makes sense meanwhile , BGMO has a grat chance to be a pleasant investment. Maybe sometimes some problems might appear, which would be normal for such big stories. But however, either one believes in this story or not at all.
So we are at a point people believe or leave - any maybe come back when BGMO is at the OTC or wherever - and give it another try if the need a regulare trustworthy listing of the company.
I did not get out at .07, I did not get out at 1.10, I do not get out now and I will not get out before the shareprice reflects progress and first revenues at Bergamo! I have been waiting for years now for such news as last weeks - so I play this game until the whole story unfolds.
Well let me say it like this : "Herzog, well done....but also your last chance - try to make it better this time than the last time"
Stop barking all ! I think most here like to read opinions, releases and discussion on this - I hate to waste AGAIN my time at one of those hundreds of OTC and pinkSheet bullboards where idiotic discussions start after a hype and the end of a hype. We can do without such bash and pump platter as it takes a lot of time to read everything single post here. There are some serious shareholder here how love to read opinion but do not intent to click posts which have no value at all.
I am not interested at all who bashes and who pumps and I do not care who has been calling Herzog - I have been investing into BGMO because my brain told me this might be a good story - if other got in because they read bullboards I only can feel sorry for them - they are niot made for investing into stocks!
....I am a matured speculator who has a brain which he (hopefully as often as possible) knows how to use - as some others here as well I assume. So, if crap posts can influence scary gambler here one can do nothing against such poor psychological weakness.
So PLEASE do not waste the time of serious speculator with this infantile crap. I am so explöicit because I knbow this kind of paost can go on now for hours and hours and day by day. Not funny! Stop it!
Decrease on low volume might kill a stock. New lows and still going down. Now MK is just 8 million. Stockmarket obvioulsy only knows: overvalued or undervalued LOL
Don not understand: What does he mean with 'dilution' - I thought BGMO is going to reduce the number of shares insteed of dilution the O/S !?!
I would not like if Herzog has time for all of us talking about BGMO.....I am running a compnay by myself....if I would have so much timne for my clients just talking about my business I must not wonder if people think I have nothing better to do but hanging at the phone with clients insteed of business partners. If BGMO has so much money Herzog should hire a guy for some bucks with some advices for answers at the phone !!! Strange if a CEO with so much tghings to do has time for tiny shareholder and microcap gambler (Sorry, but am I not right????!!!!)
You also could have listed to this post and get out again but if you do not place stop loss orders you easily down with such stocks - another lesson you should follow :
" Posted by: Aston Martin Date: Wednesday, September 09, 2009 10:54:39 AM
Additional: small gambler pee into their pants now watching very scared their gains going into the mud. This might end in a domino effect. Not very pleasing this idea taking into account that all of us loss those gains again. As we see one never can trust on good news - the stockmarket behaves often totally contrary to the hopes of marketmembers. Just trust experiences: What comes up - gets down....the faster it came up - the faster it gets down again. A unpleasnt but well-known stockmarket rule.
Pity! "
BTW, it could happen that I receive "insults" now for this kind of posts - but this is normal since years at bullboards Good luck to all!