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Gold Seeker

10/05/12 8:04 PM

#30219 RE: easymoney #30218

Easymoney, I haven't messed with the stock market for the past 3 years. Currently, I invest in realestate but I do know how the market works since I continue to follow it as a hobby.

Bocx falls into the category of a "cancer stock" where gamblers like to by lottery tickets and most of the purchases are done with little or no DD. If you followed this stock for the past year, you would have understood that this company is just plain out of money. The CEO has been paying his employees with sharess near the end of the month on a bi monthly basis. When the employees have sold, new all time lows have been established. After they sell, the stock bounces up. This recent selling at the end of the month was again an employee and you are now in the bounce from that selling. A smart move is to take your profit while you can because nothing good is going to happen with this company.

Penny stock people make money by trading. If they hold, they don't know what they are doing and will lose their shirt.