Tuesday, August 03, 2010 4:01:50 PM
When the merge hit, the price went up and it's been holding steady at around 0.008-0.01 whereas prior to the R/M it was holding at around 0.004-0.007.
In this case, we pretty much know almost nothing about Bermal. No one's heard of Bermal. I found that Bermal is SAFE certified, which is cool I guess, but if what Fire Lane is true and they're supposed to be on file with the government and they're not, that's a bit disturbing to say the least.
There's very, very little to go on IMHO. It's not like the PR says "Hey, NWTT merged with Bermal who has a revenue of so and so and so. They've been in the business for 50 years." Nothing like that at all.
And listen, I'm not a basher, but I've learned to not get caught up in the pumping frenzy. If I had bought earlier today at .001 like some of you were urging everyone, I'd already be down 22% for the day at close. Maybe it'd go back up, but then again, maybe it wouldn't. *shrug*
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