Replies to post #10550 on Bonanza Oil & Gas, Inc.(fka BGOI)

[Arnold25764]

Yes, if triumph has that many shares to unload the pps will not rise until he or whoever is finished.

[OrnateSilk]

I agree with you. This is Triumph. I believe the company has learned a lot from this round of dilution. I also believe the stock will rebound nicely, but not the $.05 and $.07 range as quickly as some are suggesting.

I am averaged down now below $.02 and I am fine with my current position. I believe this is going to go up and soon.