Sometime between May 29th - June 12th, penny stock BBDA starts to go nutso.
Sometime between May 29th - June 12th, penny stock BBDA starts to go nutso.
Why?
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Well, this company used to be owned by a group that created some great ideas, but didn't get product to market. They eventually were looked at as an 'iffy' company at best. About 30-40 days ago they were bought out by a legit company that already has a successful product on the market in the same category, with really good people behind it. We know this company is going to get the product to market and they have a few things that are going to happen right at the end of this month that will allow the stock to breathe.
1/ Concerns about outstanding share count will be cleared up. The last report was from something like Aug '08 which reported 1.4 billion shares. Everyone thinks there are a lot more shares out there, which sounds bad on the surface. But, this is actually a good thing for people who own the stock before the new reports come out because of two things. First, we will have an answer once and for all. Second, the current ownership has already said that they are willing to buyback shares to get it back where it's supposed to be and keep shareholders happy. But mainly this is good because the stock will be losing it's current Caveot Emptor status, which is essentially a warning to potential shareholders. When they report the actual share count, that will be removed and tons of new blood will be willing to buy-in. I've talked with many, many shareholders, and every single one of them agrees that regardless of what the share count is that this is a huge positive for the stock.
2/ We have a few products about to come to market, including our 'big' one, and it will start being produced right at the end of May. It's a cool niche market that only has a couple competitors. It's called Koma Unwind. Originally it was called Koma and was an energy drink. The new company has changed it up some, it's uses all fruit juices and is being marketed as a relaxation drink...the slogan is Chill Without a Pill. They also have it coming in a shot version. They also have Piranha Water and Guppy Water....Guppy Water is going to be in small plastic bottles for kids, it has a cool logo that kids will dig, and it will come in different flavors. Kids/moms will dig this product I think. Pirahna Water is sponsoring Dan Hardy, an exciting, up and coming MMA fighter who has won his first two UFC fights in pretty dramatic fashion.
3/ The company has been setting up distribution deals in various places including the US, south & central America, and South Africa...with production at the end of this month. Pinky stocks move on news. So when the Caveot Emptor status is removed, bang..then the products are being produced...bang...then the products are in stores...bang. Lots of good news to come, without much resistance for a good few months at the very least.
4/ This stock has already shown its ability to go crazy, as it was at .006 in October of last year. It also hit .0024 in February of this year when it was still owned by the former company. We had no product then, no real deals of any kind. Now we have more products, better products, real deals happening left and right, a company that already produces a successful product, removal of Caveot Emptor, and a CEO that wants to make this huge.
The stock is currently trading at .0005, and probably will be until somewhere around the end of the month/beginnning of next month. That's 1/5th of what the price per share was a few months ago, and 1/12th what it was in October last year.
It only has one direction to go IMO, and starting the end of this month to the middle of June is when things will start to happen (IMO of course). It's possible that this stock could see a penny this year at some point, which would be 20 times your money. I won't be around that long, lol, but I think I'm gonna put in stop limits and see if I can ride it to about .006...a ten bagger for me (my average price per share right now is .0006).
Please don't buy ANYTHING because of my advice, but DO take a look and see what you think. I hope the info I gave here helps to get you caught up.
You can see the popular forum for BBDA here, check out what is in the iBox, but don't pay much attention to the forum. It's kinda nuts in there...if you aren't familiar with a pinky stock forum, lol, it's mostly a bunch of useless junk.
EDIT: One thing I wanted to add. This stock has a pretty solid base set right now at .0005, so even if it takes a slight dip right after the news of what the actual share count is, it should pop right back. Most people that own it now own it for .0005 or more, and most current shareholders already know the whole deal going on here, which means that currently the stock is in very strong hands. Also, there is a bit of resistance to clear at .0008, but when it clears that, the ride begins as there doesn't appear to be much resistance again until .0024. If it clears that, hold on baby cuz thats when it could run to a penny or close to it. This penny is watched by almost everyone involved in pennies, it's not an obscure one. It's consistently one of the most active penny stocks, and big money is waiting on the sidelines right now, waiting for an uptick. When the uptick comes and the big money comes in, there's always a fever with this stock and it moves really fast.
Last edited by TheDonk; 05-21-2009 at 07:24 PM.
Hmm... Sounds like $500 might be fun to try to run up to a penny. 1 million shares up to a penny would be fun.
I've got 2.7 mil right now, yeah a run to a penny would be fun! I'm still thinking about getting some more...not sure yet. BTW, it looks like the share structure is going to be released on Friday of next week. May be a few bumpy days after that, or it might go straight up...hard to say, but either way I think some time before the 12th it starts to make a big move.
If you wanted to be 'safe' on this, you might want to wait until after the share structure is announced and see what happens. If it looks like the market is responding well to the share structure, start buying. If it responds poorly, wait a bit. You may not be able to get it for less than .0007 or something like that, but less risk probably. For sure though..this stock is going way up at some point real soon, just a matter of when IMO.
Last thing....
Please don't anyone buy anything because of my post, and please don't use money you can't afford to lose. Just because I think the stock is going to do well doesn't mean a damn thing. Also, remember this is a penny stock...if you don't have the heart for high risk/high reward...don't buy it.
Don't blame me if you buy it and it tanks. But if it runs to a penny, I'll be accepting 10% finders fees.![]()
Too late. And if it tanks I'm going to find you and make you pay one way or another...Please don't anyone buy anything because of my post
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Hahaha. IMO the only thing that is important right now is to wait out whatever the ramifications on the share structure are. It may end up being good news that the ceo has bought back shares or that we're just flat wrong and the share structure isn't too bad anyway. If thats the case, the stock will start running right away I think. If it's bad, the stock may take a temporary dip or hang where it is for a few days. But, I really think it's going to be fine and we're gonna see a run once the news about production and delivery come out.
BTW Nick, the CEO is saying product will be in 5000+ stores by the fourth of July. I normally don't believe CEO's of penny stocks, but this guy seems like the real deal, so I actually believe him.
I'm going to keep my eye on this one... I normally don't dabble in penny stocks - but you've built a compelling case for this one.
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