Bebida Beverage Company (BBDA)

[dsoulliere]

Found this on http://www.wallstreetnewscast.com/news/bbda.html

Don't know if its been posted on here yet or not but here it is anyway:



Bebida Beverage Company (BBDA) - Traders Opinion
Staff Reporter
Last Updated:- Oct. 31, 2008 - 6:27pm EST

(NEW YORK)-- Bebida Beverage Company (Pink: BBDA), continues to confound the trader community with over the hill interest and retail liquidity.

While most of the market and TV news commentators discuss decreasing demand for stock equities as the economy continues to pull back, someone should point them to the small and micro-cap market where investors continue to seek 'opportunity' plays.

Bebida Beverage Company, which traders on the pink sheet exchange under the symbol BBDA, has been bucking that decreasing money flow trend by showing impressive trading interest and volume. Although off its recent run-up highs in mid-Oct. 2008, the stock continues to dominate the trader desks and forums.

Operating out of Brasil, Bebida Beverage is in the market to develop, market, and produce its own line of bottled spring water called Piranha Spring Water, and Guppy Water.


Fundamentals

Investors should note that the Company is traded on the pink sheets, and is considered non-reporting as under the Securities Exchange Act of 1934, and should exercise caution when considering this or any other non-reporting company as an investment. According to pinksheets.com, the Company had 1,119,087,549 shares issued and outstanding as of Sep 22, 2008. On Oct. 21, 2008, the company announced plans reduce the common stock authorized to 1.4 billion shares. News of a former executive departure having some overhang effect has been bounced back and forth on some of the trader wires, and WSNC plans a follow-up on any additional information as we have requests submitted into the company regarding this, and other issues. Any announcement of retirement of common shares outstanding may have a very bullish effect on the stock if confirmed.


Technical Analysis

BBDA was well off its recent high of $0.006 and has settled back down to test their 50 day moving average around $0.0018. If broken, or a close below this level, could signal a continued bearish signal and possible retrenchment back to their 200 day moving average at around $0.0006. The RSI has falling back down to 43, and should be considered a bullish sign as the over excess in the stock has been unwound in the near-term. Stochastics have dropped back down to 20 and are signaling an oversold signal to the market.

Note: technical analysis can be a useful tool for experienced traders, but should not be solely relied on when considering a company as a possible investment.


Conclusion

While the rest of the over-all market and economy continues to head downward, investors may want to start putting their focus on the small-cap market for many so-called 'opportunity plays' until the general market can regain its footing. BBDA, although a high risk non-reporting pink sheet issue, has been breaking down the trader networks and continues to draw in interest from small cap traders looking for some excitement.

WSNC has put in a request for an interview with BBDA, and has issued an invitation for the company to present at one of our small cap investor conference in New York City, and we hope to have additional information as we continue our research on this unique issue.

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About Bebida Beverage Company

Bebida Beverage Company under the leadership of Rodrigo Makarios will concentrate operations on the bottled water and enhanced beverage markets of North and South America. Bebida's management will focus the company's business efforts within the United States and key target markets within Latin America. www.bebidabeverages.com