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Congrats. Your ship has come in. WE knew that if we just held out long enough that miracles would happen with this stock. :p
Well, a conversation involves two people, so the fault could be on either side, or both. I'm sure he often has to deal with people who are less than friendly.
Not really.
An excellent point about BEDA.
Hmm. Guess I'm doing something wrong then. I better give back the money, eh?
Meh. I think I'll just keep it.
I understand you to be saying that you personally need volatility and volume. GLTY.
Maybe you should have started sooner. Sorry, I can't help you there. Just wait it out and stop being so jumpy.
It's called swing trading. ;)
That's $500...so why don't you just buy 50M instead of posting that? Is this some kind of pump?
You might not understand, but some of the other readers may.
No offense intended.
That's not my #1 goal. Bad goal to have, imo. It puts the focus on the money instead of the task at hand.
Better to have #1 goal as sticking to your trading rules. Making money is an after-thought; sure, you want that in the end, but you don't make money by wanting to.
Better yet, make your #1 goal character-building. Build your character and encourage others; give something back instead of taking it like most do in the market. At least then if you lose money you can be sure you come out with something worth more than money.
Well then, I guess we're both done posting on this forum until BEDA gives us an update. TTYL.
That's nice to say and all but if you really want to find out the answer, why wait til BEDA tells you? Seems you need to pursue the DD for yourself rather than wait on someone on a forum to post it.
I'd like to see the information that shows this isn't the case. No one seems to be able to refute it except by waving their hands in the air.
You're better off not reading the forums about BEDA stock. The forums are at best for entertainment purposes only. The real value here is to look for bashers or pumpers (their existence, not their content).
BEDA doesn't exist to satisfy every stockholder's (or non-stockholder's as the case may be here) whim. We don't know the whole story, and even then it isn't for us to say what they do unless we hold that much clout in the company. Jumping to conclusions does not help, even if it ends up being valid in the end.
If Bederra has retired a significant amount of shares before suspending the buyback, there's still no reason for them to release the figure.
With all the selling the past number of months, it seems that the float of 404,827,453 has increased, but not by the company. That points to the distinct possibility of uncovered borrowed shares as the explanation for the increase. Though we can't verify it, I am certain that the true short interest can be hidden from reports. You may not agree if you are an accountant who, much like a magician, doesn't want trade secrets to be revealed.
As you know, Bederra's revenue generation is practically non-existant, therefore, how are they able to stay afloat - I'm sure mature traders here know not to jump to conclusions for the answer.
Too bad the name we're interested in isn't Atlantic Trucking.
Nice job, Fox.
.00375 or even .0035 would be great. :D
I think he means how are you evaluating the company's stock value based on assets to compare to the market cap.
It may take several weeks. FYI
I'm wondering why TDA is so pissy over this stock...I'm not having trouble with any other pinksheet stock's display of last or time and sale. :(
Dreaming is where you watch but don't act. Taking a risk on a stock is much better, even if you pick the wrong stock/time/price; at least you are acting on your dreams.
Interesting. Sounds promising for BEDA, to at least a limited extent.
I guess if you think the price is going to go up eventually, you will be willing to buy at .0002; sell at .0003 or maybe even higher if it ever gets there. It has happened before, but yes it is a big risk at this point.
There are different ways to play stocks. Generally I would not encourage pinksheet stocks as investments. Better to flip them or wait for momentum or news (though I've never had much luck with news-plays).
GLTY; I'm not the right person to follow. Trading's never worked very well for me. :D
I'm still in, with money I can afford to lose. You'll have to decide what it is worth to you for yourself and what you can afford to lose. Always do your own thinking and take responsibility for what you get yourself into, and you'll do fine.
My thoughts are that Friday's trading looked promising in that so little was traded; people seem to be holding after the failed run, waiting to see what happens--at least for now.
On the other hand, the prospect of a 200M+ short on the stock and several billions of shares in excess of the official count makes me wonder if the stock will be able to escape the grips of this illegal activity. I think the only way may be for the company to become certifiably valuable, so that there would be no way to hold down the stock value.
I appreciate the advice. Thanks.
My investment in BEDA is expendable. I'd rather not lose the money, but I bought knowing it could happen.
You only say that because the storm hasn't yet happened. Besides, wouldn't you expect the volume to continue taking the stock down rather than drop off? Apparently the shareholders are holding and waiting.
Still holding BEDA? It isn't going down and volume is very low. Not what you'd expect for a stock that is on its way down and out.
Kind of like UNQT, which is not very active but isn't trading the .0001's either.
The calm before the storm. Have you lost your faith? Careful who you listen to; think for yourself, and don't let someone else sway you.
Yes.
So, it's the old argument that BEDA is a pinksheet company and thus can't be trusted for anything they say, and anyone supporting the words of a pinksheet must be untrustworthy by association. And on the other hand, the DTCC is completely trustworthy since it is way too big and important not to be trusted.
I believe you understand the system quite well.
Um, what year would that be?
I wonder what happens when the feds try to end an illegal money printing racket...
Outstanding Shares
7,207,429,300 as of Apr 15, 2010
====>>>>>
15,114,429,300 as of Jun 14, 2010
Wonder when the new shares will start hitting the market...
Authorized Shares
20,000,000,000 as of Jun 10, 2010
Interesting...
(Not in a good way.)
Yes, but who is printing those shares? Are they legit??
heh, yes. Not supposed to mention other stocks in posts. :D