It's a thankless job trying to protect newbies from scam artists. I just posted on the BLGW board trying to warn them that the thing is a P&D -- I mean sheesh, look at the chart and the pump emails that are going around suggesting that Google will buy them for $1 billion. But the mod will probably delete my posts because I'm an evil naked Canadian basher, so I'll post them here for posterity and so I can link back to this post after the stock plummets.
I posted:
"There's nothing "normal" about BLGW. It is a manipulated stock, not a normal stock. (Stocks that are not manipulated will occasionally drop -- when you see a stock that only goes up, day after day, that is a 100% sure sign of a scam.) It will continue to rise until the promoters pull the plug and dump their shares, at which time you'll probably see a 30-40% drop in the stock price within minutes. Check the recent chart for NXTH, and NXTH and CLRH last October-Nov., for a preview of what will happen here -- the trick is to ride it for awhile but to know when to get out." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46549911
The mod replied: "Do you have evidence of this manipulation or are you just a typical basher? I want facts and sources on this board or your posts will be removed. This will be a clean and factual board as long as I'm moderator. Thanks." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46550248
So I replied: "My "evidence" is the chart, combined with the fact that BLGW paid a lot of money for promotion. I have no interest in this stock except that I have been observing (and sometimes trading) stock promotions for many years. You can check my posts warning of the two NXTH drops immediately before they happened -- I nailed them exactly, to the day, and the drops were precisely what I said they would be.
So he replied: "Now you just need to provide the FACTS and SOURCES for your information as I previously requested, it's that simple. Unfounded statements are nothing but rumors to create fear. You should know that if you've been trading these stocks for so long. Thanks in advance for your DD." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46551048