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Re: None

Thursday, 10/08/2009 12:44:39 AM

Thursday, October 08, 2009 12:44:39 AM

Post# of 12282
Guys it was me at .031 i had put a bid to 500000 shares inspite of teh bid yesterday was .022 i put a higher bid as it looks that shares are hard to come by but i could get only little yesterday i am sure may be it might go down to .02 again who know but i have done a strong DD and my DDs are always long term based on fundamentals,I was in BIEL at .0016 and still holding a big chunk.

Auto sector is making a small recovery and i feel 2010 and 2011 we could see the year for a strong recovery thegreen emission sector in auto will receive a big support from teh federal government.That was a major issue when GM chrystler received the support before BK as the government insisted to manufacture fuel efficient car,the luxury car sector is reviving too.

This company has just changed the gears and i feel thats for good with some initial orders which might pick up in the coming quarters with such a smll flaot once the big autos start giving some business with the name change which will reflect their business approach this stock will attract the attention of the investors till that period this will trade in the side lines after which i feel this will be possibly chased by the investors.

All the best