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An amazing recovery for those that are BSTK longs. Looks like the path to $1 is back on. More great products being announced, and more great discussions from groups like pennystocklive.com are going to take this further.
Are there news of any government contracts coming up? This would make for a great set of products that fit in nicely with our security program. Why is there so much chatter on this board?
These are just more opportunities for us to drive our averages down and profit when the stock goes back up, which it will with a significant PR regarding new contracts, sales, and new products. Unless this goes out of the radar under a penny, then its still a great mid to long term play. If your just here to bash the stock, then why waste your time. Hindsight is always 20/20.
Good luck to all - even the naysayers.
BSTK has shown a lot of stability in the .35 - .40 range last few days, and this without much fanfare or stupid pumping. Looks like with all the great potential, people are now waiting for news on new products, new sales contracts, and possibly additional distribution, internet sales, etc. before we start the climb to $1 and above.
Here is another take on the products, this time reflecting the perspective of seniors. The products really cater to a varied crowd, and are recommended by a variety of consumers. Taken from:
http://www.officialgeezerguide.com/blog/2009/08/could-a-brite-strike-stop-an-assault-and-save-your-life/
Could a Brite Strike Stop an Assault and Save Your Life?
August 22nd, 2009 by Skip McGrath
Could a flashlight save your life? If it’s an ordinary flashlight –probably not. But I recently came across the Lightening Strike, by Brite Strike. Brite Strike is the maker of the Blue Dot series of Tactical Flashlights used by police and law enforcement.
Most seniors dislike Tasers or Pepper Spray. There have been lots of cases where they didn’t work and were even turned against them. But blinding light does work –giving you the time to run away or call for help.
Unlike an ordinary flashlight, the Brite Strike is small, fits in a woman’s hand, and is about ten times as bright. Police use them to disorient suspects and assailants when the lighting is dim or dark. The beam is pure white light and a touch of the button fires off a strobe that will temporarily blind an attacker for minutes. Unfortunately these tactical lights are very expensive –over $150 each.
Recently, Brite Strike came out with a consumer model, called the Lightening Strike which sells for $69 and includes a 120 decibel personal alarm. It’s more than a light –it’s a complete protection system.
I loved this product so much we tracked down the manufacturer and started selling them on eBay. Here is a link to the listing. We hope to have them available on Amazon in the near future.
The Brite Strike is perfect for the personal safety of:
Senior Citizens
College students
Joggers
Business and vacation travelers
Boaters (its waterproof)
Campers
The Lightning Strike ™ Personal Protection System offers protection that you can count on in a potential assault or attack situation. It is perfect for the senior citizens, college students living on-or-off campus and joggers. The Lightning Strike ™ Personal Protection System was developed by police as a safe, simple, and easy to use, economical personal safety and protection system. The personal protection system includes two self defense products – a tactical flashlight and a personal safety alarm.
The slim tactical flashlight is made with the same high-quality and precision craftsmanship as higher-priced models used by law enforcement and military agencies and utilizes 65 lumens of brilliant, flawless white light to momentarily blind and disorient an attacker.
It is small enough to hold comfortably in one hand for use as a defensive weapon in case of attack. Unique “Tactical Touch ™” end cap switch allows the user to switch from high to low to blinding strobe settings, all with a light touch of your finger.
The flashlight comes with a leather quick deployment fashion holster with a “writsty” so the light can be carried on your wrist, or be clipped on the outside of a purse, briefcase or clothing.
The personal safety alarm is small and rugged, yet loud enough to scare off an attacker and alert others.
Besides using for your own personal safety, this is the perfect gift for a college student going back to school. Especially if their campus is in a high-crime area like a lot of urban campuses are.
I just found this great investment report. Although a little dated (Aug 08) it does show that BSTK was strongly recommended as a buy back then, had great numbers, and is under valued right now. Give it a quick read and let me know your thoughts.
http://www.cohenresearch.com/reports/bsti_08-14-08.pdf
Whats with the tactical balls? I saw the video and it looks like they can be used to disrupt, divert, and draw attention by enforcement during hostile situations. Very good, reusable, and suspects are unharmed for questioning.
Now to add a little humor, at home they make great gifts and party favors. Imagine a mobile for your kids rooms, camping uses, t-ball races or t-ball lawn bowling...endless.
Wow Knowledge. I didnt know you and Kim had a thing. Are you Reggie Bush in disguise? Oh wait that was a while back.
Regardless, the chart for BSTK does look good, more importantly it looks sound.
Its great to see we are at the .40 level and consistently staying strong. This is forming a nice base to launch from come additional sales news, and possible new products.
Wow, we are getting creative for uses for BSTK products. Lets hope that these get picked up by marketing. Does anyone know if the main security products are going to be showcased at a conference any time soon? They should be a part of any local, state, or federal authority defense and protection budgets.
No idea what you mean by beautiful Triforce as the charts don't come up. Regardless, BGMO has me scratching my head. Positive news, good momentum, solid funding, etc. all to have a little wind blown out from the sails? This may be the time to remind why this is still a great buy.
Dips were normal for these types of runs. Good to know that it has the strength to pull out. I just wish I had bought more during the dip!
Lets hope that BGMO has more movement in the next few weeks due to additional progress on the $1B deal and on the coal plant groundbreaking.
I always knew Obama wanted to get our gov. services teams up to shape. BSTK products fit in nice with the overall plans. We should see additional sales in this area, especially with lower cost of entry, and commercial products getting great reviews.
Who is Dean? I'd love for it to hit $1. I've got a small amount of shares and will pick up more if I get can free up more capital. Good to know others are in the $1 campaign.
Thanks for the update and the videos. This is going places again, I'm sure there were panic sellers, but the outlook is positive and the sales news should be trickling in through the week. I'm sure there are government orders in the works.
Great job buying on the dips! I wish I had the funds to get back in at the deal prices. This is being watched and tracked by many, and now the pace is picking back up. Rising fast again.
Aston, what do you think is causing the price to stay below $1? and more importantly what is it going to take to get it back up? I've put my hopes into this company and its plans and am willing to ride it long.
Thats exactly what I am trying to communicate. The news release of the $100K sales in euro are just the beginning as the distribution channels get bigger and sales pick up. Remember this is a european order. Just wait till we get domestic orders for this picking up.
More chances for us to make min 25% gains over the price yesterday. Panic sellers - create golden opp for those that didnt get in earlier.
Dips are part of the normal process. This looks like one this morning. With more sales coming and possible gov action, this is last chances to get before this goes up in the next few days, weeks.
Guess what? Euro deals are starting to come in - more strength to the sales, and more value to the company:
OMG - more sales channels are opening up. Looks like this news release is start of something big across the pond.
Brite-Strike Tactical Announces First Major European OrderFont size: A | A | A9:01 AM ET 9/9/09 | Market Wire
RELATED QUOTES
Brite-Strike Tactical Illumination Products, Inc. (PINKSHEETS: BSTK) announced today that it has booked an order to a major distributor in Europe with a wholesale value in excess of $100,000.
"This is the first of what we think will be a significant amount of new orders shipped to Europe," said Mr. Glenn Bushee, President of Brite-Strike. "Our European sales office in Belgium has seen a significant increase in bid activity over the last 30 days. Our feedback from the field is that quality-conscious Europeans love the innovative design, durability, and features of our Tactical Blue-Dot flashlights. The purchase order includes one of our new products, the DLC, Duty Light Camera, which combines a powerful, 200 Lumen Tactical Light, with a built in VID digital video recorder, to which we have also added an omni-directional microphone. The light is only 7" long, and weighs less than 14 oz, significantly less than lights currently on the market, which weigh several pounds and can cost as much as $2,000. The DLC can record up to two hours of high resolution video, with or without audio. The product is re-chargeable, and its selling price of $399 could make it become a standard issue for every police officer in the country. This product allows an officer to covertly record any traffic stop, including DUIs, along with domestic calls, drug-related offenses, and SWAT entries. The footage can be used as evidence, not only raising the percentage of convictions, but dramatically reducing the cost of nuisance litigation. The product will be an extension of cameras already in police cruisers."
As previously reported and based on inputs from dealers, the company still expects 2009 sales to increase dramatically over 2008 levels, which had increased approximately 90% over 2007 levels. The company, which had approximately $420k in revenues in 2008, expects to be profitable in the 4th quarter, and is taking steps to become a pink sheet reporting company in the coming weeks.
for BGMO, Like I've been saying this has big potential. The news is very reputable and the plans are very real. More legit PR and news should only add fuel to this growing flame. BGMO long and strong, still a great buy in the $1 range. Im trying to free up to get back in. GLTA manana and more.
Like I've been saying this has big potential. The news is very reputable and the plans are very real. More PR and news should only add fuel to this growing flame. BGMO long and strong.
BGMO still poised to make a nice run, even while short term profit takers kept us down today. If you bought on dips, congrats, hold strong and positive news coming in the week will be rewarding.
Mr. Fibble, way to work the numbers on this. Its a real value and more people need to review and become aware. Not to mention that this is just one of the projects the company has in the works. Coal is huge in Pakistan and BGMO is just getting started. They also have many of their officers with key relationships with top brass. Buy and hold for profits.
BMGO is a huge bargain right now with profit takers having lowered the price. Its around .80 down for the day, but before major news coming in the next few days. Excellent opportunity for sideliners to get in.
Hice, not sure about %1000, that might be a stretch, but BSTK is already up 100% and could close big before more people realize that lower pricing on products could elevate sales.
BSTK looks like news and volumes are starting to both break new ground. Check the charts, we are up 100% today already. Sweet.
Its not just about the eyes. The added european distribution channels and the lower cost of entry will entice real sales, real figures to make this hold and push for higher stock. Now its just a matter of time.
Wow. this is the start of something nice. Lower cost of entry will result in more orders for their products, especially since money will be available as previously stated by gov, city, state, etc. Possibly good for individuals as well. Previously their products were a bit pricey. Now actually reasonable.
Ok - so I put money where the mouth has been - got in again before this hits a solid 0.50 and more today.
Theyve been saying buy all day. Look at the strong open over Friday. BSTK hasnt really had a huge dip, and volume has been strong. 2mil? possibly not, but its already in 7 figures.
Guys lets not get too excited, news is coming so board with caution. I'm on this train, but am looking forward to the news releases coming and more investors taking note. Were almost at 100% gain from fridays close. Awesome!
Dan, I hope you are correct. I've got a lot of hope for BGMO. Its now a great chance for those on the sidelines who were waiting to get in before the news start flying in. Look into the charts and you will see that I'm not just talking this up. It is something that is happening at a big level.
I thought news was coming out today? Either way, the Pakistani media coverage adds some official support to the growing sentiment that this has legs. Keep DD up and go BGMO.
I wonder if its got additional news coming? I know its being talked about elsewhere. Looking at the strong interest, this should keep rising.
Im not going to say much about this, except that the charts and the MA lines are starting to talk if your ready to listen. This is going to do good things this week and longer with news coming. Do your DD first and then get ready to take action.
This is great. I found additional news from Pakistan business blogs covering the coal projects and a few specific to BGMO. Additional DD is sweet to boost our long term positions.
How do you generate the L2? is it specific software you are using? any guidance? I'm looking at getting into the day trading more regularily. any insights would help.