SOME FACTS ABOUT BEDA...PLEASE READ
I've been holding this stock for about six weeks. I'm not a flipper, day trader, short seller or a bid whacker. I've watched this stock go up and go down. I shouyld have sold on each run, but I don't trade like this. Everytime I try and catch the peek and buyback in I get screwed either entering into a loss after a few days of holding or selling too soon and watching BEDA go to .10 in 5 days. My target is .0045, when it hits I sell, I'm out and move into something else. In my six weeks of holding BEDA, I saw this...
Original run .0006 to .0019, selloff back to .0006
Next run .0016 to .0025, selloff back to .0009
Next run .0009 to .0017, selloff back to .001
Next run .001 to ?????????????? we are here now
Everyone has different theories about why so many shares are trading with little PPS upward action. There is no shorting, no MM manipulation. All that is going on is we have some very very large shareholders, I'm talking about people owning 20 million shares or greater at baseline prices. They sell at bid and whack it down when all the buying has stopped. The stock rallies strong with 71 buy orders this morning all at the ask, I saw 2 sell orders go through. Then it happened again, the buying stopped and day traders, flippers and bid whackers too control and ruined the price action as always. This will continue unfortuneadly until the people owning 20 million shares eventually the "avergae" shareholder will own 750,000 to 1.5M shares. This will be considered a large position. When this time comes, the volume will go down and the price will go up and stay up. How can any stock survive some idiot dumping 20 million shares at the bid so he can reload at .0002 cents lower. If he had not sold and waited, going back through the history of how long I have owned BEDA, I predict this stock would already be at .05 to .06 cents per share. This is a FACT. The low float, news, management visibility, access to the transfer agent all show they want the price up for aquisitions. There is nothing we can do and just be patient. We will all know when these large shareholders get flushed out. The volume will go down under 30M shares per day and we will be up 160% and it will stick and gap the next day with another 75% gain. BEDA's only weakness right now is it's own shareholders inpatience.
Another MYTH here is whenever CLAYTRADER evaluates a stock the stock is then doomed and it will go down. It will only go down when CLAY says it will go down. He did not say this. What he said was .002 is a very light wall and should be taken out easily. He said .0027 (200DMA) is broken and holds into the close, we have a blue sky stock runner capable of reaching any price depending on volume, money flow and external events.
People do not realize what they have here. All the ingrediants are present for the cake to rise, but the bakers are opening up the oven too soon causing the cake to collapse. I have to explain it like I'm writing to a child, because most of these idiots are children. Next they we start bashing me saying I made $7500 bucks today flipping BEDA, I have free shares, blah blah blah what is wrong with taking profits etc etc. If the people who started selling today at 11:50 did not sell those 20M shares at the bid, BEDA would have closed over .0025 today and would have run to .004 tommorrow. Tommorrow, it will go down and the people buying in today at .0019 will be panic selling calling this a pump and dump. Again, lets get rid of these children and have a stable, supportive shareholder base not full of daytraders, flippers, short sellers and most importantly the BID whacker. If you want to sell, sell at the ask. You have a stock that pumps out 72 buy orders with 2 sells and some idiot pounds the bid with 20 million shares and knocks the bid back to .0016 from .0019
Amatuer hour. I've been watching this action for six weeks and getting tired, but I know true longs will soon prevail and my price target will be met and I will sell my shares at the ask for a sweet 250% profit.
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