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tradingyoda

12/23/09 12:13 PM

#27717 RE: Chartbreaker1 #27712

great post...

cramer puts a very interesting "target" price...

0.25? WOW!

I think this stock rocks in the next 20-30 days. Buy the dips, sell the highs...IMHO
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Sola Fide

12/23/09 12:46 PM

#27725 RE: Chartbreaker1 #27712

Thats a bunch of hooey...Cramer doesn't promote pinksheet stocks.
Simple a trading group putting out a story to pump a stock for their trading gain.
Anyone that utilizes some investigating of #'s and thinking along with their investing is laughing at the #'s in that pump article.
They actually listed the 6mo revs Incorrectly (incorrect 1,340,904 vs 1,341,904 correct)...lol
So they had revs of $1,342,000 for the 1st 6mo, now lets revue the bottomline # of the 1st and 2nd Q's on pinksheets.

$1,342,000 = gross profit after cogs of $133,500 (positive #).
Operating expenses = $434,700 (negative #).
Adding the 2 #'s above = -$301,200 (negative #) = continuing & increasingly to operate in the red (negative).
This is Before "other income & expenses", and "loss on obsolete inventory" (more negative #'s).
Bottomline:
1st 6mo Revs was $1,342,000, which equated to a 1st 6mo Net Loss of $463,600, whilst OS tripled.
Simple math shows this company needs to have revs of about $800,000 a month to just break even.
(Revs - Cogs = 10% - monthly operating expenses = break even)

Somehow it seems the writer of the article overlooked that most important bit (purposefully of course).
Promoting the Gross Revs and not Net Profit/Loss...
Matters not what the companies gross revs are...its the bottom line.

The writer must have nearly fallen out of his chair laughing hysterically as he wrote that "market cap" #.....$640,000,000....ROFLMAO.

A company with growing losses every quarter and rapidly multiplying OS...worthy of a $640,000,000 market cap.
Beyond ludicrous....

1.5 BILLION+/- shares...worth .25c....ROFLMAO

BZCN is marketing commercial and industrial equipment...
Since when are cell phones, lcds, clothing, etc. considered commercial / industrial equipment??!!

Delmars' got how many companies...how are the rest of them doing?

BZCN is the supporting limb of that tree....to the extent that it is...


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teramake

12/23/09 2:34 PM

#27746 RE: Chartbreaker1 #27712

Great article!!