Big Token Inc (fka BGTK)

[Beave]

I was a little concerned when they increased their Authorized shares from 50 mil to 250 mil but so far, their Outstanding Shares as well as the float has remained decent. I saw the financials as pretty solid for a company less than a year old. At this point, forward progression is all we can ask for and it seems like we are getting it. It really is a good market IMO and one that has no choice but to grow, what with all that has been going on with the mistrust in police departments lately.

Again, I may be seeing what I want to see but I really think this could go somewhere. There's a bit of toxic financing but every company goes through that, what really matters is what they do with that financing and can they use it to become sustainable. I have a feeling the Q1 financials will be the first to show the most significant progress.

I see a good foundation and that's important, at least to me it is, very much so. That's what drew me in last October when I took my first position. I got out on that run up to 2.20 (didn't close there, pulled back to 1.75 before the day was out). Back then the fundamentals didn't seem good enough to support such a price so I bailed (thankfully) but I fell in love with the idea behind this company, it was just too young for me to hold a long position in.

After that it started a series of very predictable peaks and troughs that I kicked myself every time for not having the guts to play, that lack of confidence comes from stepping away from the market for a few years and it really hurt some possible gains. I decided to get back in at .84 in January at what seemed like yet another trough in its normal pattern but that's about when she decided to free fall for no apparent reason. I should have know as it was coming down after one of the longest sustained peaks holding between 1.10 and 1.20 for nearly a month but I let the fact that I was upset for missing the last several dips cloud my judgment. Emotion is fatal in the market but it gets the best of anyone at one time or another.

After I got back in she kept falling and I ALMOST pulled the trigger at .50 (my tentative stop loss) but decided "screw it, lets go all or nothing." I averaged down at .36 and again at .14 and so here I sit with a position averaged at .2572 and I've decided to stick with it no matter what happens. Might as well at this point. I see nothing causing me to believe the company will fail and it seems to me a long position here has a potential to pay off pretty well. I'm considering trading some shares while building a core but the PPS will have to become a bit less volatile first. This stock has definitely turned from one of the most humorously predictable tickers I've ever seen between Oct and the end of Jan to the wild and free "college freshmen" ticker you see right now.

Well, long read but I figured hey, might as well let everyone know where I stand here. Or at least devnull since there is a good chance you and I are the only ones here at the moment lol. Nice to finally have someone to talk to with a position here though, I got bored talking to myself after a while. After I would post I would think "honestly, who are you posting to? You are seriously going crazy..." I also thought it might be good to share my experience since it seems that there is a chance that I have the most history with Force Protection so I thought maybe sharing that experience might help someone else make a decision here.

Best of luck to you devnull as well as anyone else who may be lurking in the shadows here with a position. If you are lurking, post! We need some good conversation here, it's good for the soul.