Sunday, February 14, 2010 10:50:26 AM
stervc - I completely agree with your analysis. I bought into BEDA for the same reason. When we had the MCLN huge run to .076, the run did not sustain due to Manatuck dumping huge amount of shares with less regards to the PPS. If it was not for Manatuck, MCLN would have definitely sustained its gains. Unfortunately, we never expected that kind of a crazy dump by an Institution.
On the other side, XMDC and BIEL did sustain their gains and especially BIEL stayed in the .07-.08 range for many months. BEDA has excellent forward looking events and will potentially run huge on its own merits. If the company buys back substantial amount of the O/S and with the merits of TMH acquisition, BEDA could have a huge run like MCLN or BIEL. Let's hope for the best.
On the other side, XMDC and BIEL did sustain their gains and especially BIEL stayed in the .07-.08 range for many months. BEDA has excellent forward looking events and will potentially run huge on its own merits. If the company buys back substantial amount of the O/S and with the merits of TMH acquisition, BEDA could have a huge run like MCLN or BIEL. Let's hope for the best.
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