Tuesday, August 02, 2011 10:52:07 AM
I took my profits at .0049 and kept about 1/3 of my original position. I have a feeling that there will come another buying opportunity in the .002+- area soon enough... Until that time I see no reason to sell at these levels. They have a good product, sufficient capital to continue operations, and a leader that is hopefully learning as he goes along.
The only thing I really don't like about this stock is DA... He is simply not the smartest guy in the room even when he is alone. I am attracted to his passion - not his intellect. Over the years I have found intelligence often takes a back seat to passion - I hope that is the case with BRAV.
From here - I am long in BRAV. It made me money and I want to see how it plays out.
IMO - if you sell now - you should probably stop following this stock altogether. The school season is starting - women will have more time to go to the gym and want to look good - my speculation is that the next quarter will see increased sales just for seasonal reasons...
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