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Mgt. and Naked Shorts
working together?
Yup, since April
hoping it's undervalued.
They emailed out a report.
Not sure what it had.
http://ir.puredepth.com/index.cfm?l=en
Not sure if it was posted here before
http://www.maddaloni.net/search.php
The float went down correctly but the pps tradign higher than prior to RS.
AH $.23 on Marketwatch
Form RW filed to recall S1 filed in
May
Good news - Tangiers Contract terminated
Atleast the sell-off should slow down now that
Tangiers cannot keep dumping shares for profit.
That is why I
said the rally could spike it to
.25 and not to .5 or 1.00
Risk can never be ruled out on any
stock, esp. the OTC.
If it rallies
expect .25 not .1.
If it does not rally, that's it.
They filed with SEC that they are keeping the CEO for next 5 years.
Technically, it is Oversold
on 6 month chart.
Shorting itself
does not make a company go bankrupt.
Which company would want to pay debt if they
are about to file bankruptcy?
I think it is more of a panic sell-off here than
shorting that is causing the stock to go down.
I could be wrong and we won't know until longer
term.
I meant
week's filing, not weeks.
First step of the research on OTC stock
should be to establish the legitimacy of the company.
There are a lot of companies which do not even have
any legitimate business. The court order proves that
BRGO.ob could very well be legal.
If the court orders them to pay their
debt with shares, the shares should very well have some
value.
This is how I interpreted last weeks filing.
If you're sure that they are selling
already from .15 it is kind of hard to say though.
They just got the court's order.
Doesn't it take time to provide the share certificates (which I hope would be the way to do here as a proof)?
Implies BRGO has value more than atleast .12
Why would they want to sell at lower and lose money?
It is in their own interest to keep some to make more.
if my math and understanding is correct..
5.7m shares at .01 is 57000 which they have to shell out first.
$770000 is the debt that DII owed them. That has gotto be a lot more than .1. They could have very well filed for BK if they are not worth more than that. I think they are.
Huge buy this AM
High .14
BRGO has value.
If not, folks who got those 5.7 milloin shares would have nothing to claim from if they have not dumped yet. I doubt if they have even received those shares as of yet.
Can you see this SEC filing on Fidelity? I do not.
The court must have figured some value of BRGO to order the debt payment as shares and not cash or other means.
Agree.
I'm not sure about a PR. But, they clearly state
in one of their most recent filings of meeting on 10/23/09
with some proposals.
Confidence is the key
Not all stocks go straight up. We do not even
know why this spiked yesterday without news.
Yeah, it is nice to dream for a 20 bagger the very next day
after you buy it.
NO resistance here until $2 if
it crosses .25. Y! target $4/-??
What is ACTMI
I googled it but cannot find any link except
for John Peck's profile.
Gnereic Drug?
I listened to the whole conference- Hope they
work towards being an Epic in the stock market.
Yahoo Finance Target is $4?
Yahoo Targets were quite messed up before the Market crash. But, after recovery from March bottoms, many company hit their targets. NEPH is another example. Yahoo had it at
1.5 but now it trades at 2.50.
Check Daegens' message on finance.google.com
http://finance.google.com/group/google.finance.665237/browse_thread/thread/873fef50271f443b
He is very bullish. This guy claims to be riding
NEPH from .015.
Got in this AM
Not many, but any guidance on how long to hold?
The company has to file a 14C officially and probably the Board has to announce in a news release before that.
I agree with you on the risk of dilution, esp when the assholes are so used to it.
Why is reverse split bad?
It will reduce the float and increase the price but
your money value will be the same.
Reverse split is good in my opinion. If they don't dilute the shares further, the float will be lot less and the price will be higher to get some more investors look into it. Yeah, your number of shares might look lower but your money value would be the same. What matters is really if the company is in good shape and the MGT has good intentions.
Well all I can say now is
that the stock goddess says that someone
who steals others hard earned money won't
have peace in life or after life. Hope that
consoles everyone here.
I guess that's prolly their take is that
we didn't call them before buying their company's stock.
I do agree with you Aziz.
I've called the CFO at home. He hung up on me that I've called him and asked him about the stock action. He said everything was in the financial reports and it's not fair to call him about the stock action as he doesn't have control on the market actions. If you don't like the stock action, he said to sell and leave him alone. He is a nice guy but obviously he cannot provide any info.