Replies to post #38715 on Bravada International Ltd (BRAV)

[naturalborninvestor]

DA could open 20 stores the rest of the year and some of you would still find something to @#$%^ about.

Well, at the end of the day the number of stores won't matter. I only care about sales numbers, margins and net profits.

We had 279m shares outstanding in summer 2010. We have close to 100m more shares outstanding now. 1 store for 100m shares is a pretty bad performance. At an estimated average PPS of 0,005 conversion rate this equals $500k in capital raised over the past few months. In return, we hope to see revenues of roughly $100k. What is so impressive about that?

[Y U Axing Me]

I disagree with you. I do have a clue. And the clues I'm seeing are keeping me out of this stock. Case in point:

from BRAV twitter:

"Pinksheet investors are sheep & parrots, they jump off a cliff because the one infront did while yelling the same thing without knowing why"

This was referring to the big sell-off which took place following the Feb 9 PR. Well now we learn that BRAV was in fact adding shares to the outstanding share count during this time so there were no sheep or parrots. It was BRAV doing the dumping of shares. Unless they're calling themselves sheep and parrots LOL. I'm smelling something and it isn't too good. Do you smell it too?