News Focus
News Focus
Followers 2754
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: lefty18 post# 2691

Tuesday, 03/08/2011 11:27:21 AM

Tuesday, March 08, 2011 11:27:21 AM

Post# of 5735
Funny thing with these type of FDA stocks.....first thing you look for is what kind of runs did other stocks with similar themed stories have run to. Most obvious one would be RPC which ran from .30 to almost $2.00
Who knows how high it could have gone if they didn't announce a big debt for equity swap priced way below market. Also RPC increased their shares O/S and float by almost 200% in one day.

Yes, things have gone bad with RPC now but the things that tripped them up were due to the massive debt they carried and the deperation this brought to embellish their relationship with Mayo. These negatives don't apply to BMOD. BMOD has next to no debt thanks to New Mexico funding our Phase II Trial.

So I think when results hit, this story starts to spread and the momo fire catches us here....I am looking for a similar run to what RPC did.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today