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Start chippin' away the 45's, Lets go!
This is the bottom!
I see a green day from the chart
Lets see what happens
Just BUY and HOLD
It will get there :)
Nice buy! 45 is next
Yes, that is my understanding too
They really want to get rid of their debt, they don't need to raise any funds for day to day operations anymore and can be very profitable once they have cleared those debts from years ago :)
Don't Bid sit, buy at the ask and push us back up and make the sellers feel stupid for selling at these prices!
If anyone can buy shares today, it is a great opportunity to push us back up and build the chart again
The float is locked and in stronger hands, good luck buying those shares back
There are always sellers and buyers, glad that panic and weak sellers left, they would have sold today either on good news or bad, we've seen that before many times!
Now they have no shares to flip!!!
This CEO is all action and no press release! LMAO, you got it all wrong buddy
Not horrible, just not as good as expected
But the future stays the same very bright for BTGI!
LMAO!!! you must have sold today, hahaha
On what basis you make such great predictions?
Green close possible, IMO
someone please take out that 360k sitting at 43
I'm out of powder till tomorrow
sellers that wanted to sell sold IMO
Time to move back up EOD
sellers that wanted to sell sold IMO
Time to move back up EOD
this is all just retail selling
But whats the rational behind such an event?
what has really changed since the last spike up?
or did he change his mind and leave?
Did the ask on 52 just come down to 49?
exactly!
Yes, but you are missing the point, these are old debts not new ones, they will eventually get paid off and the company gets better and better
debt is going down, revenue going up! that is positive in the long run!
That is the difference, look at the bigger picture, I'll say it again "debt going down, revenue going up!"
draw that on a piece of paper and see where you end up!
Understand?
Still confused! tripled your money and still holding but not pretending what?
Don't like what you see, you can take your profit and leave, right? Or maybe you have already sold some and want back in? less confuse now, thanks
You almost tripled your money and your worried about commons getting crushed?
HMMM, kinda confused there buddy!
If BTGI made you money at 18 and made me money at 27 why would it not make others money at 50??? Undervalued is undervalued at any level!
+ the company has lowered debt and expanded since you and I bought in, think about! Your math does not add up!
No problem you just sit, wait and hope for that while others buy and prosper! OMG! LMAO!
Looks like many people were waiting for a panic and a dip to add or start a position.
People buying now will hold long term for .05 and .10
It should move up on its own merits now, no news needed because its getting the attention it needed for being undervalued and its very bright future ahead
:)
Make the buyers buy at the ask! Hold your shares tight
Strong hands holding this stock, once we turn the page there is no looking back
And yet you are still here?
If you hate the stock or the management so much just sell and leave!
Not a Scam Annarita, You made a bad investment in 2012, this is 2017 and the company is making a comeback, different company, different management, different business.
The CEO is not diluting shares the debt holders from years ago are, big difference.
The company is doing well and meeting all its obligations and is still managing to expand. That will all result in more $$$ in the near future.
Most people are just investing in and its a great time to do it. BUY FEAR as they so famously say!
Great time to buy or average down
The only reason for the low cash in the bank, is that they are trying to pay down debt and expand at the same time! Its the interest in those debts that are eating up the profits
As debt goes lower, the higher cash in the bank, They haven't needed to dilute for day to day management or even growth since last year this time.
The only dilutions were by debt holders who had converted those into shares. Once in July and once in August. The company is doing well and meeting its obligation and still managing to acquire additional companies.
All of these debt are from previous years, the company is not making new toxic debts and is trying to get rid of the old ones.
No one wants to sell that low, look at the market cap
This will go back up, the Q was not as good as we hoped but, with those numbers we are still very undervalued
Strong hands are holding
explain to me why you think the number are so called bad?
yes, they dropped from last Q but it was for a good business decision to lower prices and compete in the over all market and expand into new territories.
In business I myself have had to that many times and it works
Once they sell the other businesses the debt will significantly be reduced
You can not find another company on the OTC without any debt, most have debt and no revenues. BTGI has a reliable business and solid revenues, it should not trade down here, period!
Strong hands are holding tight
Only 4.4 M sold, flippers probably, they would have pushed us down on any news, good or bad
Received an email back from Mr. Gurba
We exchanged a few emails back and forth and I believe he reads this board, although did not say.
He seems to share our frustration and is concerned about everything discussed here on the board. Here are some main points that I think are important for us to know as investors in this company:
1) lack of PR and communication: He seems very concerned about hyping the stock with un-necessary PR and tries to give out constructive news instead within regulation guidelines
2) The Q was released with a "management discussion" page which outlines all we would want to hear in a PR or a conference call (I encourage everyone to read it) It answers many questions
3) from the management discussion and forward looking statement: The reason for the decline in revenue and increase in expense: lower competitive pricing to attract new customers
Please below:
Revenue for continuing operations for the three months ended June 30, 2017 of $6,347,699 is a decrease of $454,752 when compared to the revenue for the three months ended June 30, 2016 of $6,802,451.
Cost of revenues for continuing operations for the three months ended June 30, 2017 of $5,065,152 is an increase of $477,786 when compared to the cost of revenues for the three months ended June 30, 2016 of $4,587,366, and is primarily due to smaller margins associated with an expansion of the customer base, and consists of the tractor, trailer and driver expenses associated with the transportation services.
Gross profit for continuing operations for the three months ended June 30, 2017 of $1,282,547 is a decrease of $932,538 when compared to the gross profit for the three months ended June 30, 2016 of $2,215,085 for the reasons referred to above.
4) Debt reduction:
The Company is actively negotiating significant discounts on debt through an exchange of debt for both preferred A and B shares as well as negotiated settlements for early payoffs resulting in significant debt reductions and future interest savings. While its current lenders continue to support the progress of the Company, the Company is exploring consolidation of its debt.
Management’s goal is to discontinue or sell all business units other than the transportation group by year-end, thereby significantly reducing cost and reducing debt. This will not only reduce costs, but it will allow management to focus exclusively on building the transportation sector.
Expansion:
Along with, and similar to its recent acquisition of Big Red, the Company intends to continue to pursue additional acquisitions that add strategic synergies for its current hubs and customer base. The Company is also exploring strategic locations in the Northeast for its cold storage facility of approximately 150,000 square feet. These actions along with acquisitions made will allow for significant growth of sales and a return to profitability.
Management remains confident in its position in the transportation sector and believes we will continue to gain market share due to its recent acquisitions.
It seems that he is doing everything he can
Holding BTGI and if this dips I may add a few million more shares
Send the CEO, Mr. Gurba an email, I will share his response once received
Still very under valued stock
It might be painful but I'm holding through it. It has held up pretty well for a while and the 4th Q should be much better numbers
I wish we would hear more from the CEO though
Are we Net positive for the year by $3,658,037?
Am I reading this right?
Net income (loss) per share is zero? correct?
I'm not very good with financials, but that would be the turning point we were looking for right?
Can someone please explain it to me if I'm seeing this wrong?
Thanx
HOLDING, not selling
exactly!
Awesome solar eclipse experience, now lets get back to work
News after the close I believe
Lets see if we can get moving finally, I personally prefer multiple days/weeks uptrend chart rather than one day big move
I see that sell on the news day flippers have started early today, they are always very predictable, thank you for the extra shares :)