Bourque Industries Inc (BORK)

[Flatcat]

Expect share price to drop on NIJ cert!

I agree the NIJ certification will have a major impact on share price but I expect the price to go down. Anyone following this stock knows that Bourque will be successful in getting the cert. IMO cert is already contained in the current stock price. When the cert comes out, expect some major profit taking.

Don't panic, on the other side of the profit taking are new investors who pick up on the cert and the new possibilities. They will invest on the expectation of contracts. When the first big contract arrives, expect the same profit taking. Then comes production, sales, and deliveries along with cash flow. Each time there will be profit taking on achieving the "fact". Also, each time the stock price will be higher due to increased value.

So be careful and don't be too disappointed if the share price drops on expected good news. This is normal but really quite contrary to most peoples' thinking. It's the unexpected news that usually makes big moves up or down.