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Re: narnia1000 post# 7475

Wednesday, 06/16/2010 2:19:41 AM

Wednesday, June 16, 2010 2:19:41 AM

Post# of 13439
Narnia,

First off thanks for your DD and persistence on this board. You have single handedly kept BUGS iHub and yahoo alive with your posts. You're a welcome voice in this crazy penny world of bash/pump. Simply put, this is a great trade play on news. We get news, we make money, and methinks, as do you that news is coming. IF it does, this is an easy double, maybe more from here. If it doesn't we hold the bag. One of my trading principles is that history repeats itself. If u look at Bugs as a trade (do your DD here) and not an investment then it's pretty darn near "go" time.

Facts:
Bugs has updated its website twice in the last 2 weeks
http://www.bugsatwork.net/
http://bugsatwork.net/blog/home-page/bioremediation-technology/product-catalog/

Microbe technology will be used in gulf

Upside
Today's update on BUGs website was a clear indicator that management is alive (thank God), responding (phew), and a step away from breakout (need a PR).

Bagholders > .005
We were holding strong >= .0039 without news. Volume is the ally here. Today's update may spur interest and it may not. The good news is that few are selling <.0039

Downside
Microbe technology is becoming competitive
No PR follow up will deteriorate SP

What we can do:
What Narnia does... Create a buzz here and on Yahoo :)

At the end of the day I am here for a good trade. If it pans out as an investment, I will ride it on free shares. Good luck all!!!!

JP.


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