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1. I can't believe people are still saying this.
2. I can't believe people would believe it.
Ringo, I don't have the ability to respond to private messages, so I'm not ignoring you. Just to respond to your friend that works there. I don't doubt that there is a legit company and they are working. I just think that all the momentum they had is gone now, it no longer moves too much on no news. People that helped it do that have moved on to other stocks. This would just be one that I would sit out and watch and get back in if I thought the time was right. Unfortunately with the volume it has, it might not be so easy to get out. I'll probably have to sit and watch from the inside.
BOGA has had many positive press releases in the last few months. From what I can find, they announced finanical statements, changed principal officers, filed an annual report, and acquired a major investor. What has BFDE done or doing to acquire any investors, produce financials, produce an annual report? As far as any of us can tell or find out, absolutely nothing. I hope that it goes up too, it's just hope in the stock games really is going to make you broke before it will make you rich. The way this stock is working, I personally think it's going to take more than just one press release to make it shoot up. You would have plenty of time to get back in before it went anywhere.
Every positive prediction that has been made about this stock by everyone has been wrong, not just braden. If you're holding onto shares just because you can't take the big hit that is fine, but I wouldn't "expect" this stock to go anywhere. How can it, no news for months, no financials even though they were supposed to come out. No information on this company at all! Progressive companies that have public stock want their stocks to go up, not down. If there is anything they can do to get it to do that they find a way. This company has done NOTHING to do that. That has to send some red flags up even for the die hard hopefulls.
For those who got out already, in my opinion made a smart decision from making a bad choice in stocks. They made their stock pick with incorrect and false information. It's a penny stock so it's to be expected, but hoping a sinking ship will magically float without any repairs is about as much hope as this stock has.
If you want to stay in go ahead. Even if this stock did go up I would not kick myself for getting out. It's a choice you have to make if you don't want to lose all your money. This stock has no volume and no investors looking at it. Even if it came out with good news tomorrow it would take A LOT more than that to get it to go anywhere. No one knows how many shares are available to the public. With HILL offering 5000 everyday, I can't sit here and believe that there are still only as many as were last reported. This isn't to try and knock anyone's hopes down, but it's just fact of the entire situation. I can't sit here and think too many people really believe this is going to go anywhere with it's current state. And to think I was once 2000 ahead in this stock, oh well.
This post isn't directed toward anyone specifically, but towards those who may not have been reading this board. If you read someone post that this stock is going to go up next week or it's going to fly to the moon or it will be over a dollar, DON'T invest ANY money on just their word. I have read this board now for over 9 months and all of those phrases have been repeated MANY times with no change in the stock price except down. These are all just opinions of people who own this stock and are HOPING it will go up much like I hope it will.
Again this is not directed toward anyone, I just felt it must be stated. Many people will make these claims and they have no better idea where this price is going than anyone else.
Maybe It's Time....
I was looking over the stock SLJB today just because I was told about it last year but never bought it. Now this stock was a great pump and dump stock if you got in and out at the right time. I was noticing though that the company made the statement of releasing financials, and then postponed them for "unforseeable" reasons. They continued to postpone them for a few months before the stock finally tanked, PRs began to disappear as well. The stock was at one time at it's peak .20 and is now .006 I believe. Enough on that, lets look at our situation.
Last year, pumped and dumped very well three times from what I recall. PRs were coming out nicely and now the stock has dropped considerably with no PRs. We have been assured there would be upcoming PRs released "VERY SOON" but continue to get nothing. If this was a big board stock how many of us would still be in it? No PR releases, no news on growth, NO NEWS AT ALL, very difficult to get a hold of anyone at the business. We come to find out through other companies' PRs that bedford was not the 100% owner of these wells which they conveniently left out of ALL of their own PRs. I think most of us have held on up until this point because we our down so much. We could continue to put more and more money in to bring our average share price down but that does not seem to be a wise move at this point. Anyone elses thoughts on maybe it's time to cut our losses and move on?
Do you guys mostly stick to penny stocks or do you go big board as well? Everyone told me not to invest in pennies and for the most part I haven't. This is only the second penny I tried but it's the second time I've been burned.
Well since I'm red with this stock I might as well come up with other ways to make my money back. Anyone want to wager on the PR, I bet it's going to be "blah blah" drilling is continuing, leases are being obtained, we meant to say AMEX first quarter 2008.
If 50 bucks is all it takes to keep this stock even, I wonder if it's possible to make it slowly go up just by buying a little at the end of each day?
Hi, this is really an open question to anyone that owns this stock. I owned it back in January of this year and was able to make some money and then got out. What makes anyone think that this stock is going somewhere? I'm not saying it won't or that it will I'm just curious as to what people are holding on to. I have watched it since I got out and have watched continue to fall. When I was in this the big news was that circuit city was offering it at it's stores. But then if you're really looking at winning with this stock you have to research how circuit city is doing, sales up or down, revenues etc. If they aren't doing well then it's not going to do well for this stock. I was in circuit city the other day and didn't see one advertisement for Gzfs...not sure if they are still in with them.
Plus what makes this stock any better than netflix? They pretty much have the monopoly as far as this type of business goes. And then I see they have a tour bus. Not exactly a HUGE marketing plan to make this company's stock go way up. Again I'm not trying to bash the stock or anyone for owning it. I just don't see what the draw of it is at this point. But I would love to hear why some of you like it.
what does that mean?
I see that this announcement hasn't really effected the price or volume too much. Do you think we are going to have to wait until they announce revenues?
Also what does MMs after hours mean?
what's the L2
Well here are my ideas, of course they could be completely wrong.
1. People bought in the .40s and are selling their profits and no one is putting their limit orders in above the high 60s
2. Right now the trend of the stock is to stay in the 60s, or high 50s. Without any significant revenues or definite signs of the company growing big there isn't going to be a big spike until then.
3. Also in checking other boards there isn't any talk about this particular stock, no talk means no demand for it. People are willing to wait to buy it cheaper since they don't feel they have to have it right now or they are going to miss something.
4. I'm starting to think that it won't go anywhere until there are revenues..but I am just a newbie.
5. I am prepared though that should it drop back down again to buy more.
Any thoughts on how long it will be before we find out if there is oil in the wells or not?
Opinions...
With the uncertainty of whether oil is going to get more expensive or cheaper, anyone's thoughts on how that may or may not affect this company and it's revenue?
What is the better news?
Where do you find total shares and amount of shareholders at?
Opinions....
I've been watching the volume of this stock and see the average is actually very low only around 75 thousand shares a day. People are buying this stock and only buying 800 shares causing it to drop a whole nickel sometimes. Also with some of the latest PR's there has been little or no change in the stock price like it was doing over the summer. Anyone see the lack of people watching this stock and the lack of volume as a problem for it to make a big jump?
You know I'm no expert but when I bought mine it was at .52 and I set a limit for .55 and the entire day it never went through. I raised my limit to .59 and then my entire order processed for a price of .56. From what I get .51 is what the last person bought the stock for whether it was 1 or 10000 shares. That became the new stock price. Now the problem is no one else is willing to sell any of their shares at .54 so you can hold out all day and see if someone changes their mind or raise your limit like I did and it should process through.