BNLB.. Just Venting,,,BNLB.. $0.1121 Cross post from SI.. Well they are getting close to the truth.. It's easy to blame me as they did on PYDS and I was a seller.. Now that the earnings have come out on PYDS and stunk,, and the same insider sells every day what's holding back since I haven't traded it in 5 weeks.. CDOC is another example..
If these that cry each time I sell spent more time doing research and look at trading patterns they wouldn't buy at the tops and sell them back to me at the bottoms.. Whats really funny is I post all trades and all know what I'm doing all the time.. I'm long 245,000 BNLB and I want to hold it back..??
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To: Jeffrey Beckman who wrote (111064) 5/17/2013 1:38:55 PM
From: Ted M of 111068
gotcha. I've been very pro-BNLB on both a fundamental value and growth basis but have tried to be upfront when the stock didn't follow through. I hope I haven't been too guilty of over-enthusiasm though. I'm all for discussion--both positive and negative. I can't stand to own something only to discover that it is uglier than it might first appear to be.
While a nutritional supplement company can't be expected to have a PE range of a high-tech, it should be higher than 3-4 given their growth, so there IS something holding it down.
Someone brought Hank's involvement in BNLB to this board, which put new color on it. Is he the entire issue? Are there still some old timers around who got cheap shares and are still selling? Does the failed anti-hangover drink initiative, questionable comments about prospects from the original owner, accusations of manipulation by some of same when the market got dizzy with excitement a few years back on the anti-hangover prospects, etc..continue to hang-over the company? The private transaction selling by Cipher? The lack of guidance going forward? It probably is all of these things to some degree.
Hank MAY have quite an influence. It can happen with these micros..we saw here at the kitchen that stocks often would go up immediately after Gary mentioned them. On the big 'pump' day back in Feb the stock rose 2 cents (20%) on 3.6 million shares, which was at best $360,000 moving into the stock.. If Hank sold say $50,000 he may have held it back significantly.
HOWEVER, I see that today -- with trading half over, there are 2 stocks trading below 10 cents that are tracking to far exceed that dollar volume-- ACTC is over 1.1 million dollars already and CERP at $615 k.. The market is tracking to trade over $1 BILLION traded on the OTC exchanges today. There is PLENTY of money out there to move a BNLB way beyond what Hank is able to control.
So yes, let's discuss. Share what you know both good or bad. Is BNLB going to continue to trade in this range due to Hank or someone else selling, or will a day come in which the market overcomes the negative thinking enough to overwhelm selling with buying until the stock trades at a more reasonable level, which appears to be somewhere in the 30-40 cent range?
AI
