BTOR - Bluetorch, Inc (fka BTOR)

[jhawk75]

People's opinions about stock do change. I am not claiming bankruptcy for BTOR like JMeister. I am simply trying to inform people that it "appears" that management has dumped more shares onto the market. And that is it my opinion that this occurred during the uprise in price at the end of last year. And I'd be willing to bet that people (the 2-3 left) that are currently optimistic about this stock on this board didn't even know that BTOR filed paperwork with the SEC regarding sales of more securities.

My opinion on this stock right now: Wait til the end of Feb or mid March before you decide to buy. Then hope that the company puts out nice 4th quarter sales results (at least beat 3rd quarter). My guess is they will hype the sales (like they did for 3Q) and the stock will move upward. But until then, I believe that it is better to sit back and watch. Because until then, it is likely that this stock will keep loosing value, especially IF the company is diluting the stock.

So do yourself a favor, and make that call to the transfer agent. I'd bet there are no longer 350+ million shares, more like 400+ million now. Maybe if I get bored this week I will make the call myself. I'll let you know.