Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

The stock ran last spring when the company announced it was applying for NASDAQ listing and had secured a stock symbol.

It came back to earth -- and has remained there -- as investors realized that anyone could get a stock symbol, and the company was unlikely to achieve listing, which requires certain financial metrics as well as audited financials.

The current run appears related to a penny stock promotion; last thing I saw there (by clicking on a poster's url) was that the newsletter reaffirmed its positive rating although the stock had gone nowhere (from a closing perspective) since the original recommendation at .03 per share.

(Last paragraph is IMO; perhaps someone can advise of recent substantive company accomplishments which have led to the run-up. I can't explain the run from .022 to .03 prior to the newsletter's recommendation other than inside information, which would of course be illegal so hopefully there is another answer).

As PPV has mentioned -- great if you can make money on this stock by timing runs. That is different than considering it as an investment based on the business plan (sales and profits per shares outstanding based on GAAP (required for NASDAQ listing)).