Replies to post #8200 on Bourque Industries Inc (BORK)

[CCarp]

I agree with you generally. What mystifies me, though, is why a GPGI shareholder wouldn't have cashed out in June, knowing that it was a bubble, and that the real value of the company didn't support that share price. Yet. I certainly was looking for an exit back then, and would have taken it, confident that when the bubble burst, I'd be able to get back in at a reasonable price.

[Its Hot in Phx]

Good post, Flatcat - thanks.

[lazyeye]

What fundamentals???? There ARE no fundamentals here. It's a story and a dream and either you buy if you believe it and you believe the o/s won't eventually cripple you, or you sell or not buy if you think it will.

You wrote:

We are not selling - we are buying because of the fundamentals of BORK

One can rationalize all one wants about how the s/p will take care of itself but the FACT is, this s/p was $1.70 a week ago and $2.50 a few weeks before that. With all the now added shares, plus the millions upon millions of insider shares, getting back to just $2.50 is going to take a lot longer than getting to .59 from $2.50.

The share structure as it relates to what the company actually has couldn't be more negative imo.

This stock should be valued at about .10 at this stage of the game, so the drop to .59 is not surprising and I would suspect the s/p would drop again from here and much harder as the weeks roll on without contract news. imo

But alas, it could be ripe for daytraders trading the emotions of pie in the sky investors.