BIBO: Amazing turnaround underway, IMO. Up 150% today, charts still showing potential. Key points of a preliminary DD:
- BiB Holdings, Inc (BIBO) is an a very healthy and positive condition. Secured approx $11,000,000 in financing this year, almost done converting debentures, business operations are succeeding, this is one OTC company that actually looks like its going somewhere.
- Thin float : 15 milllion, so it moves easily. Buying started today, I'm presuming the dilution might be over, and the stock could be returning to its the trading levels it was at a couple of months ago. (pretty high actually approx averaging 23 cents)Not saying it will go that high; but the potential for a good pop exists.
- Good company, stock has potential to go high, low float, company in the turnaround phase. a SWING traders find here?
It's all in the humblest of my opinions, and it's all about balancing your act, much like this: