Blue Gem Enterprises (BGEM)

[fatherofseven]

FINK... on selling just under R and buying back lower...

That's a great strategy for a stock with a clear pattern, and little more upward potential. But for something like BGEM that's really at it's base, and such upward volitility, why risk it? Pick your BGEM news item on any ONE day this week and you have basis for a dramatic market response for any other security... but as I understand it, shorts have been holding this back... but not able to stop upward momentum. Now imagine what this will do once those reigns are cut, this is off to the races...

Personally, I'd prefer this pace... go a steady, "meager" 5-10% every couple days, vs. the massive run a few days ago that sucked in a number of security vultures (with all due respect!) resulting in pull back 30% from peak... that's exciting if you can read it, but with this company's foundation/plan... (I hope) we're seeing establishment of a reliable, super-strong long runner pattern meant to get people on board for the haul...

In short, as we're all mavericks here- inclined to surf the highs and lows, with very little corporate allegiance-- at least from my vantage it's nice to have at least one company that deserves your respect - that gives you good reason to do so....