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Saturday, July 24, 2010 5:29:25 PM
I just do not see any value here. I know others do and there is nothing wrong with that. But, possibilities in the absence of any actual results is a very dangerous gamble. Many who thought they were getting a bargain 1t .10 and higher have to be scratching their heads right now.
But, I stated long ago that this would fade. That is based solely on the fact that they have no profitable revenue stream and they use shares to fund their operations. The longer that goes on the lower the price will go. Eventually it will be too much to bear and a reverse will be needed. I say that because I see nothing here that would provide the type of revenues needed for BEHL to be self sustaining. Perhaps one day that time will come but I do not see any real reversal in the pps until then.
Sure, there may very well be some news here and there that creates some short term opportunities but those who are looking 6months down the road are likely to be disappointed with the share price.
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