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What a dump! prepare to be a bag holder
I think we are more likely to have a gap down than a gap up. who agrees?
TIMMMMBBERRRRRRRRR
I still think we close around .25. The bloomingdale news is great however I dont think we run past today. Maybe a small pop tomorrow but that is as far as it goes for now. Maybe after we get information later on how much money they made in the store. Lastly, it is common knowledge that just because a clothing item is in a store doesnt make them profitable.
this goes back over .30 cents over the next 10 minutes
This is going to get very ugly
This stock should end the day in the teens and that is conservatively speaking. It actually should be under 5 cents
Sometimes it is best to allow people to get an understanding of what a pump and dump truly is by letting them lose their hard earned cash. Then they really learn. Like what is getting ready to happen here over the next several days.
The company is basically broke and not really pulling in any money. The only thing they have is lofty ideas and nothing concrete. Do the check the scoreboard and do the math http://www.otcmarkets.com/stock/BLUU/financials#
I think about the dumpage that is getting ready to occur. I think about the folks that are getting ready to get a brazilian wax. I think about the restaurants that will never open. I think about this be like a SWCI dump.
SCAM ALERT IMO!!!! TIMBERRRRRR
Dilution is in the works being up so much. Companies have to pay folks somehow. This should go down about 25% tomorrow
Everything being said maybe true however this stock recently being up over 500% gives me reason to believe that we will see a nice decline
I'm sure not too many people listened to you. Now we are going to have a bunch of bag holders LMAO!!!!!
No. in the 6s then a gap and trap in the morning. hopefully there are shortable shares in the morning.
dont have private messages but suretrader has plenty of shortable shares
I've been shorting throughout the morning with suretrader. Are you using suretrader 2.0 or the platform that you pay 50 bucks for
You all have to start using suretrader. plenty of shares over here
Do you have shares to short?
For now im just watching but i see this fizzling out in about 20 minutes but this should remain up at least 100% on the day. What are you thinking?
With such a small float and so many short this stock is capable of doing anything. really exciting just to watch
This stock is not doing anything
Actually I'm not short from their buddy. I didnt learn of this stock until today. hopefully you enjoy the morning dump
I said I do not Marry stocks. What I will do is buy and sell here and there for 7% to 10% gain if and only if I see the volatility do more here and there. At the end of the day i capitalize when I can then move on. For example for a person that held this stock for awhile and believes in it, I would sell it in the morning and after that initial drop to the .18 to .20 range I would go long again. If you have traded for a while you have to expect stocks to retrace in situations like this which is normal, and typically healthy for a stock to do instead of shooting straight up to the moon.
If I'm a lamb you are a sheep that is going to get slaughtered tomorrow because your greed caused you to hold longer than you needed to. Do i believe that someone is going to get taken to the cleaners tomorrow, perhaps. You are correct that i have not posted on here before, however that does not mean that what I say is without validity. There are several weakeness that I see with the current stock price regardless of the quality of the company. 1.) The stock is up 150% which makes a retrace very likely. 2.) The past conduct of the company involving dilution or shall I say stock give away which is very apparent after reading the 10-Q. 3.) Folks who bought at these levels and higher during the past 52 are ready to get the hell out out and i cannot blame them. They figure if it took the plunge in price per share it might just happen again. Oh, and the folks from today who will likely get out during the AM gap and trap. 4.) Lastly, this stock will have the task of trying to sustain the same amout of volume which I believe is unlikely.
Nevertheless I could be wrong and you all could be right but that will be determined tomorrow. Because I do not marry stocks like some of you all do, i scan for stocks that meet my criteria for pending volatility and this fit the bill. There needed to be someone on this board to serve as a champion of other possible outcomes instead of being purely a cheerleader. So, if I am in fact correct about the stocks volatility please acknowledge it and don't fault me for sharing an outcome that differs from yours.
What I do know is that this company is giving away stock options like it is a free ATM while the shareholders have suffered miserably. Based on prior behavior of the company it would bring one to believe that this kind of stock selling (better known as dilution) would occur again. what reason would we have to not believe that? There is nothing wrong with me taking part in the market inefficiencies of a companies and seizing it. I would expect you all to do the same. The fact remains that we have a stock here that went up 150% without signifcant retrace, with a company that regular diluted that stock over the past several years, and lastly there are still substantial bagholders from the last time this stock was priced this high who are screaming and hollering to get the hell out of this stock, which i cannot blame them for wanting to do. Holding this stock for long periods of time is like playing musical chairs, at some point the music will stop and someone will be left without a chair (or in this cause certified bag holders).
I not only made money but i plan to make more money off of the pending volatility coming from this stock once current holders of the stock start to pay better attention and do more DD like I did and see that this company is a habitual stock giver. Isn't that factual? If they were truly a stable company they would have the money to pay these people each yeah instead of essentially conducting a dilution marathon giving folks stock. I've seen plenty of stocks have stairs one day and gap and trap folks the next. This will stock will fade just like it has done every other time and when it does I will make sure to play the various bounces.
Do you wonder why this years financials have been unaudited?
Do you wonder why this years financials have been unaudited?
How can this stock ever go higher and stay that way when year after year the company awards stock and then the folks sell it. Look at the pattern folks. DO NOT GET CAUGHT HOLD YOU THE BAG (again).
From the companies to 10-Q
8. Common Stock and Additional Paid-In Capital - continued
d) On December 16, 2011, the Company issued 7,500,000 shares of common stock at $0.18 per share valued at $1,350,000 as consideration for the JVA with Malagasy Minerals Ltd. (see note 8)
e) On March 4, 2012, the Company issued 460,000 shares of common stock for consideration of $69,000. The shares were issued pursuant to the exercise of stock options.
f) On March 7, 2012, the Company issued 6,275,000 stock options to directors, officers and consultants of the Company at an exercise price of $0.28. The stock options were valued at $1,513,530 using the Black-Scholes pricing model with the following assumptions: risk free interest rate - 1.00%; expected volatility - 131%; dividend yield - NIL; and expected life - 5 years. These stock options vested on the grant date.
g) On March 25, 2012, the Company closed a private placement with DRA Minerals Inc., a process development and mine engineering company, raising $635,000 by issuing 2,540,000 common stock at $0.25 per share.
h) On April 9, 2012, the Company issued 50,000 shares of common stock for consideration of $15,000. The shares were issued pursuant to the exercise of stock options.
i) On May 23, 2012, the Company issued 180,000 stock options to directors, officers and consultants of the Company at an exercise price of $0.23. The stock options were valued at $35,982 using the Black-Scholes pricing model with the following assumptions: risk free interest rate - 1.00%; expected volatility - 134%; dividend yield - NIL; and expected life - 5 years. These stock options vested on the grant date.
j) During July 2012, the Company issued 700,000 shares of common stock for consideration of $105,000. The shares were issued pursuant to the exercise of stock options.
k) On July 13, 2012, the Company issued 1,695,000 stock options to directors, officers and consultants of the Company at an exercise price of $0.29. The stock options were valued at $411,038 using the Black-Scholes pricing model with the following assumptions: risk free interest rate - 1.25%; expected volatility - 138%; dividend yield - NIL; and expected life - 4 years. These stock options vested on the grant date.
l) During November 2012, the Company closed a brokered and non-brokered private placement raising a total of $2,032,500. The Company issued 5,807,142 common stock at $0.35 per share and 2,903,571 common share purchase warrants at an exercise of $0.50 and an expiry date 24 months from the date of issue. In addition, the Company paid a fee of $119,010 and issued 340,028 compensation warrants. Each compensation warrant entitles the holder to purchase one common share at $0.35 and one half of one common share purchase warrant at an exercise price of $0.50.
m) On February 27, 2013, the Company issued 5,900,000 stock options to directors, officers and consultants of the Company at an exercise price of $0.21. The stock options were valued at $1,059,640 using the Black-Scholes pricing model with the following assumptions: risk free interest rate - 1.40%; expected volatility - 129%; dividend yield - NIL; and expected life - 5 years. These stock options vested on the grant date.
n) During March 2013, the Company closed a private placement raising a total of CAD$2,358,000 (USD$2,307,035). The Company issued 12,350,000 common stock at prices between $0.18 and $0.20 per share. In addition, the Company paid a fee of CAD$86,000 (USD$84,176) and issued 270,000 compensation warrants. Each compensation warrant entitles the holder to purchase one common share at CAD$0.20.
I think it is more likely that someone bought at the close in order to cover a short position. Company may or may not have good things up its sleeve however I still think it will be necessary to fill in different levels. So at the minimum it hit the upper teen, which is great If u want to load up
Don't fall in love with this stock buddy. I took my profits and got the hell out. I expect a 40 to 50% retrace between today and tomorrow.
It has gone on a nice little run here. I see a pop occurring in the morning before at least a 20% decline
This thing is dead. I am taking my profits and getting out. There maybe good news here but for some strange reason I still think that this is a huge pump and dump and I do not want to risk anymore of my profit. I may just look to sell at .008 to ensure that I get a sell
.052 will be the high for the day
Mr. TMcNasty, what caused this to sky rocket like this? I'm going to do my research on this one over the weekend
This was really a surprise today. I expect this to potentially gap up on monday once this registers on folks scanner. After that happens I will let to dump my 2k shares and hope to get back in around 1.20
OXGN is in play.....orphan status granted
RAND007 is very quiet. must have moved money and moved on. this should be back to .06 by monday and .08 by tomorrow.
I would not touch this with a ten foot pole, it is now dead.