Okay folks! Let's all get off the dilution topic because it wasn't dilution that caused Friday's sell off... It was all retail. I've just confirmed this by email with CEO Steve.
Anyone selling into this great news Friday and not buying was pretty stupid! I guess they don't get the big picture... It could have just been some big day traders who bought in the .004s earlier in the week and did their end of the week Friday selling in the .006s... Who knows... But still dumb for them to sell $BTGI at these prices! It seems that most of the selling occurred later in the day so that would make sense, it was simply manipulating day traders working through the market makers. But it was definitely all retail and not more dilution selling so I am at the very least happy for that.
Not worried now at all about today's silly sell off. BTGI will rebound back and will make its big moves ^UP^ just based on fundamentals, great earnings to come verses a very low market value. That will adjust itself. And I believe the debt reduction news, when it comes will be a real driving catalyst to push BTGI to the next level. Us long BTGI holders, we will all be fine because we know the future is worth waiting for.
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