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Saturday, March 13, 2010 4:36:17 PM
My eyes are open as to the momo here.
I've been associated with this stock for some time, longer than 95% of the posters here.
It's a terrible LONG (1yr+) IMHO.
Could Graham & Herb prove me wrong? They are dang sure going to try to.
I will admit that I have seen total scam companies before and BEDA is not that as they have had business locales operational.
I suppose Graham tries, but he just isn't successful in the least.
So I have zero faith that he can make BEDA amount to much more than a bucket of spit.
In reality, the float is the story here & BEDA jacked a whole series of SHers over at the very end of '08 to accomplish an extremely low float.
One which they have increased substantially over the past year, to what I believe is managements personal gain.
And now they are right back at it.
A blatant exaggeration for a new group of open-pockets.
Just take a read of last years PRs.
Very effective and oh so timely.
But most are just this side of fiction, not so much in what they say, more-so in the size of what they imply.
Reading through them, one would be led to believe that BEDA is actually getting substantially more from their deals than is the actual case.
Reality is Like BEDA itself, this is all very small potatoes.
Admittedly, the pump is primed and if Grahams play can make the PPS do a little of what it did last summer, than a good flip will be had from it.
But LONG?
No freaking way.
And I will continue to let folks know that the exaggerations they are buying into are ultimately a trap.
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