Bravada International Ltd (BRAV)

[bogey999]

the .0059 price is pretty important here, if it fails you have some support at the 50 day sma, just under .005, but that is untested territory and would not be very strong. So we have built no real support for the price, because the price flew up so fast.

If the new store is delayed, and that means no grand opening with all the bells and whistles as pr'd, we can wallow lower. Our pusher guys can put this off a bit, but it will take real and new blood to move this up again.

We MUST get promised Grand Opening, and promised amazing financials on time.

I have been here a long long time and this is not a time for another failure. Perception is what it is all about, and the share price shows that the vast majority of shareholders do not 'believe'. 40 Million shares yesterday in the selloff, that is not a vote of confidence.

DA has not connected well with his investors, right now we have bagholders that will try to support the price, but in reality we are at a huge crossroads, folks are not going to buy into a dream with no pricetag and no details.