Friday, August 09, 2019 11:18:55 AM
- BNGI -
My outlook for 2019.
Folks we will get our run.
The company is building the foundation and the press releases indicate
this if one only would connect the dots.
The Celebrities list of 'Who's Who' is in itself a nice collaboration
partnership that fits this business model extremely well.
Currently we have a MC of $2.5m. Now on the surface this is at this point Fair Value.
The press releases are a forward effort by the company to be transparent
and give a insight on the business direction. Until many of this PR'ed
potential acquisitions are finalized, this is what the street feels is
currently why we are in Fair Value.
This issue is also being played by shorty and this actually started this month so it really doesn't surprise me that the negative posts by some is an attempt to play on your emotion. Very typical.
Our trading range is .0004 - .0005 and the 3's is nothing more than shorty playing in our sandbox. I would be surprised if any .0003 will be acquired and my opinion is shorty at this range and will play this until they get squeezed.
I am very confidant that we will gravitate to the .001's up range probably around the end of summer. The churning here is a very positive sign and shows pretty much accumulation rather than selling and is indicative that most are in a holding pattern. Volume as well indicates this.
This is a strong buying opportunity in this range of .0004 - .0005 and the next catalyst will be an official document. This is what the street is holding out for and until this issue change makes for a powerful opportunity to acquire.
See you all on the trading floor after Labor Day.
Have a good day
varok
http://www.stockmarketquarter.com
Corporate Market Awareness Consultant
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