Doesn't Really Mean "Losing" $$ (grin)
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Thanks man! GLTY too!
Hey guys, I'm out for a while, but I still like the potential here. I got back into EGMI, IMO one of the best otc stocks available, look at the fundamentals. Had some management issues because one of the main guys passed away!!Do your own DD!
Losing
I will be back in a few days!
I hope so!! Back in! OMG this one took so long, ug, but hopefully up hill from now!
Losin
Hang in there!! This is a very volitile stock, but could easily move .15 to .20 on the up any trading day!
Is everybody read for a crazy ride this week???
I think that is correct sir!! MM's are really pounding the bid with 100 shares to keep this from taking off, very funny.
Losing
A lot of large block buys at the ask today, I think traders see that this has hit the bottom on low volume!
Losing
Same to you!!
I'm going to give everybody a little treat, since a friend of mine wrote this software, and it is awesome, I thought I would let everybody in on a little daytrading secret:
http://www.scumfish.com/
Who Me??? (grin)
No seriously, BGEM is not really a great company, but based on the share structure, is a great swing trading stock. I am not a big beleiver of the 1.00 target, lol, but realistically 0.50 to 0.60 is probably a realalistic level. Plus if you watched, as I did, this stock since it started trading (1st day traded at .22, then with-in a day or two it was over .50) the majority of stocks have a cost basis of between .50 to .60.
JMO of course!
I think we could close in the low .30's today, speculative buys all day! There really is not many people in a profit-sell position at these levels (other than the company of course, lol)
No way, I have had this name since my major trading days in the late 90's, and the "Raging Bull" message board, lol. Only the true penny traders will know what Raging Bull is, lol
Me too!! (grin)
If you do your DD, you will see based on share structure, that any positive distrubution contracts will make the stock fly!!
Ooops, I already have 100k at a .25 to .30 price point! Looking to see upper .40's within two weeks!
Losing
I will buy at .000001 (lmao)
Good Luck!
OTC stocks nearly never release a PR during this week or last week because the PR would not have the same effect as if released next week. I don't know if BGEM will have a PR next week, but I would bet on it
Losing
No worries!! This baby is set for a really good run!!
Losing
We are going to have a strong close!! A lot of accumulation taking place, nice to see some stability.
Losing
What exactly are you trying to say?
Losing
I'm Back Bay Bay!!
Now lets cover back up!! chart looks great!!
NEW NEWS ON BGEM
Blue Gem Enterprise To Distribute Apple Rush Organic JuicesLast update: 12/17/2009 4:16:00 PMMEDLEY, Fla., Dec 17, 2009 /PRNewswire-FirstCall via COMTEX/ -- Blue Gem Enterprise (BGEM) is pleased to announce it has added the full line of Organic Juices from the Apple Rush Company of Illinois (Pink Sheets: APRU). The Apple Rush product line will be distributed by Blue Gem into the delis, health food stores and independents in Southern Florida. Additionally the brand in bottles and cans will be added to its roster of brands available through its direct store distribution network in South Florida. Blue Gem has placed its first order and will begin carrying and selling Apple Rush by January 1st. "Apple Rush is our first Organic brand and we are thrilled to also be selling it to our network of independent stores," says Company Sales Head Bob Friedopfer. "The Organic beverage sales are expected to approach $ 2 billion in the US in 2010. We plan on building our organic offerings in South Florida by bring the finest products to our customers and we're proud to be distributing Apple Rush products." Robert Corr, President of Apple Rush Company, Inc. stated that, "We are excited about having Blue Gem, another public company, as a distributor and believe we are a very good fit for each other. Florida has always been the best selling area for other branded beverages I've sold in the past. We expect Blue Gem, with their store door delivery system, to become our best distributor, especially in the health food trade, Vegetarian and Vegan delis and diners." About Blue Gem Enterprise Blue Gem Enterprise is an emerging beverage distribution company headquartered in South Florida and serves the area from Southern Georgia through the Florida Keys, including major chains, independent stores, hospitals, gyms, hotels and other retailers. It is the mission of Blue Gem to become one of the leading distributors of non alcoholic beverages and foods in the state of Florida About Apple Rush Co., Inc Apple Rush Company, Inc. is a producer of Organic 100% Juice Sparkling Beverages. The company markets its products through an extensive distribution network nearly 40 Distributors throughout the U.S. and in foreign markets. The Company's flagship product line of Organic Apple Rush(TM) Sparkling Beverages currently has six mainstream flavors in glass bottles and the top three sellers Original Apple, Pomegranate and Cranberry in cans. For more information on Apple Rush Co., Inc. visit: Safe Harbor This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Blue Gem Enterprise, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such, forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and Blue Gem Enterprise does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. SOURCE Blue Gem Enterprise
Copyright (C) 2009 PR Newswire. All rights reserved
take your profits and get your kids some nice Xmas presents
Losing
A lot of buying at the ASK today, good sign for tomorrow. Been watching the stock over the past week, but decided to nibble in this morning.
Losing
Whoa, never say reverse split, that will never happen with this company. Reverse splits are done for companies that need to sell shares for capital, and when they can't sell anymore due to their corporate structure, they reverse spit, so they can sell more.
TRUST ME, THIS COMPANY WILL NOT BE DOING A REVERSE SPLIT, LMAO
ROTH dumped about 40k at the bid
Funny, on the Yahoo message board, any positive post regarding this stock have been getting removed / flagged then removed, and there is a group of bashers that are really working hard every day. Historically, that has meaning when trading OTC's. I will let everybody make their own opinions, but some entitiy is trying hard to buy bargin shares.
If you have a few moments, read through the last few days posts on the yahoo board, interesting.
I swingtraded OCT's heavily in the late 90's early 2000's, so I have a few "tricks of the trade" IMO, EGMI is set to make a good run, and in reality, it will not matter who the CFO is or anything, OTC's move up on speculation and hold gains based on fundementals, EGMI has good fundamentals, so make your own determinations.
BTW, my holding is at a 1.77 cost basis, so I am not happy now, lol, but not really worried.
Losing
you are right chklingon, NITE is the key, and if you are buying otc's withough level 2, whew.......
Would have been nice to have this much volume of buys instead of sells, we would be at 2.25+ today!
lol, I am going to put that in my santa list (grin)
Lucky I still have BGEM
I agree with the share buyback, company has a lot of cash, and our outstanding share base is much larger than it should be, IMO
IMO, to much volume on this stock to be technical selling, some entity is selling a large block of shares. Typically, this can be many things (tax / other ventures / etc.), but it could be somebody knows something that we don't know.
Ug
Ask her if I can trade in my shares for some George Bush Poken?? (grin)
Losing my rear today! I hate seeing so much red!!
Lol, now that was funny!!
LOL, rule number 1, is to never let messages boards influence your trading opinions!!
This stock is sliding due to dilution, fundamentally, this is the best micro-cap stock I have ever seen, so as miserable as it makes me, I will continue to try to lower my dollar cost average, and hold.
Long, but uncomfortable! (grin)
Looks like GWMAN wins the "Guess the Low" game, I didn't play, because I was depressed about the pps, lol
A lot of big buys today!
I think we are going to bounce based on the chart!
Hopefully a slow accumulating upswing!
That would be a good tidbit of info to know Rawnoc, I traded otc's heavily in the early 90's, and rule #1 for share price decline in otc stocks is dilution, that is the only thing that scares me a little about egmi, otherwise, they have a great outlook.
JC
As an investor in this company, I believe everybody is squabling over the little things. The reason the stock price has been declining is due to the dilution of shares in the market. That is always the problem with OTC stocks, they keep diluting the shares. Check the quarterly's, outstanding shares increases each one, the more shares out there, we all know what happens!
Still hoping for the possibility of a share buy-back if the company is still so cash rich late in 2010, we need the OS shares to be between 50-60 mil IMO.
Hoping Next Week will be better, happy Turkey Day to all.
JC
Nice 54,000 shares+ buy at the close!