InvestorsHub Logo
Followers 16
Posts 4022
Boards Moderated 0
Alias Born 03/11/2003

Re: sanpan post# 731

Tuesday, 07/28/2009 3:03:09 PM

Tuesday, July 28, 2009 3:03:09 PM

Post# of 41931
Sanpan, the only wording of duedilly I agree is: Do your personal DD! Espcially on PinkSheet stocks.

I feel able to give an objective personal opinion. Bashing and pumping are stupid wordings while an trader/shareholder tries to find out the pros and the cons of a stock......and nobody can denie: BGMO has to prove to be a trustworthy stock...until now....since years nothing but words.

But I am not that idiotic as some here want believe:
I am interested in a increasing shareprice. When BGMO has been at its all-time-lows at .05 this stock was DEAD! Make your DD and do not listen to anybody here if you intent ot be a matured investor or gambler....as BGMO until today is not better than any other gambling stock as it is a PinkSheet !!

Don't forget what a PinkSheet is: It is the worst and most dangerous segment of stock listing at the US stockmarket: Every matured and experienced investor will tell you: Keep your hands off!!! Before you believe anything.....wait until real money floats into the company and do not believe in the exostence of this money before you have see the number in a official financial quarterly report delievered by BGMO to the SEC !!!

In my opinion fact is:
- Bergamo is a good and very interesting trading title. If you want to make short term money, use BGMO as a trading title. It is no question that it is very usefull to use current news releases to profite by momentum games.

- Fact is, I am a longterm shareholder who has been a believer in Bergamos intentions to become a big textile mogul.This did not happen at all and the stock has been dropping into a all-time-low....where I, of course, recommend to keep hands of...as I did burn my hands in believeing in Herzogs aquiosations years before. If some believe that it is incorrect to receommend to keep hands of a highest-risk and very dangerous pinksheet stock at its all-time low....sorry, I have smile wink
Neither duedilly nor anybody else can denie a stock chart! Right, also make your DD at the stock chart compared with the releases in and before 2005/2006/2007

- Fact is also that Herzog will not provide fake releases. I absolutely believe that Herzog is in Pakistan , India etc. to make aquisations!
But.......didn't he do this years? And where are the financial proves for his success at BGMO? I can't find any as Herzog avoids to deliver quarterly reports!

- Fact is that BGMO is de facto a shell as long as this company does not deliver anything but paperworks, documents, letter of intents, hopes and promises...it will remain a shell.

But, of course I hope as well!

My recommendation....even you should not listen to anybody:

Place an order between .20 and .23 - but keep some money if the stock drops again for some accumultaion as I believe BGMO will get into the focus of the market. But stay careful and do not get greedy. Sell when you think you have to sell and don't be angry if the profit is not that big. It is already a miracle to make profit which such a stock LOL

Good luck!