InvestorsHub Logo
Followers 3
Posts 720
Boards Moderated 0
Alias Born 05/30/2004

Re: yessum post# 54135

Saturday, 11/25/2006 10:50:24 AM

Saturday, November 25, 2006 10:50:24 AM

Post# of 159753
Thats right! Only a few ways this will even hold .15- let alone go higher!

Its called Supply and Demand! Think- who wants this stock bad enough to pay $1 for it? Right now- there probably isnt one person on this planet whp is ready willing and able to pay $1 for 1 share! Is the company anywhere even remotely close to being worth $1 a share? Even with a very generous PE multiple? If it is, someone is keeping a good secret!

The only other option is a Forced buyin with a time/date deadline backed by a severe fine/penalty/jail time! And we all know how ruthless the Courts/SEC/NASD has been to Broke/ Dealers when it comes to enforcing rules and regs!

I personally think that all who have been frozen in BCIT for 1 year and counting would be very happy to sell to get even their original investment back out! I ALSO THINK THAT MOST FOLKS WOULD BE WILLING TO TAKE EVEN A SMALL LOSS!

I really hope that is not the case- but we are living in a real world! And unless the company offers some kind of cash dividend coupled with an awesome business plan-I dont think .15 will hold for very long!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.