Replies to post #7673 on Bonanza Oil & Gas, Inc.(fka BGOI)

[jbarr9134]

what we need is some more promos
dumb as it sounds!
they are coming soon
it will be pumped upwards where i hope to sell at a minimum loss. good luck to all

[finefinesuperfine]

About a billion shares. BGOI destroyed itself with this pick. It is now a trader's stock -- no one here is holding long range anymore. When this crosses above .03, everyone who bought in at .024 is going to sell, and it will go down again. There has NOT been churning and consolidation at this level -- all the people who wanted to hold this stock have been forced to sell. Everyone who is active from this range up to .05 are all traders, looking to flip the stock and make profits. It will be a long time before this can ride up again, and it's all BGOI's fault.

Just my opinion, of course.