Thursday, August 23, 2012 3:02:58 PM
That is the problem with ALL penny stocks. Market manipulation. That doesn't mean that BBDA has a bad product and it doesn't mean that the stock is worth anything either, but what the manipulation of this stock does mean is that the stock is not a representative real value of the company. It is a trumped up value created by the people who are strategically moving millions of shares of the stuff day in and day out.
IF this does play out over the next few years and IF Brian Weber make sit work and IF the company actually rewards its shareholders, then you, the investor, WINS! There are a lot of IFS in that sentence. So it is impossible to do 100% DD here without the accurate financials and accurate share count, but if you want to mess around with a potential winner, this is a good one to mess around with.
The people who are in a panic are the ones who are desperately relying on this stock for whatever reason. It's just a stock, don't go overboard. Geez!
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