Replies to post #20045 on Bergamo Acquisition Corp. (BGMO)

[silverlining]

Whatever happened today with the volume IMO was good thing for long term investors!

There are a lot of possibilities on who and the why someone sold this many shares today. It is a koinkidink that ICG still has or had 1 million restricted shares left. Maybe HH released those shares so they could dump them. Just a thought since the volume today matches up.

It was great to see the pps hold strong at .03. IMO someone knew ahead of time these shares were coming to the mkt today and already had orders in to absorb all these shares otherwise the pps could have easily went lower. This is why I agree with ArchiH that BGMO shares are still being accumulated in a BIG way. Sure someone dumped today, but the good news is someone BOUGHT!!!

Also, in any furture bull run these shares are now probably in strong hands and won't be coming onto the mkt. for some time. At least not at these prices.

This is the type of move that you want to see happening right before a huge bull run.

Cheers!