GREY:BIXZF - Post by User
Comment by
shortthemktson May 05, 2010 6:11pm
211 Views
Post# 17067112
hey tarsands,
hey tarsands,you'd better get your head checked.
the only thing BXI is producing is LOSSES. Their first great business plan was to crush for oil which is now operating with gross negative margins. So they try to come up with plan B in a last ditch effort to keep the street interested. Hence, the protein extraction business gets invented, name gets changed and they are off raising money again. What happens when they can't produce a product the food companies want because the quality isn't there? Book value means nothing for these types of stocks. It's all about the science and patents. The street lovers penny promoters when share price is going up, but momentum guys will crush you when they decide to bail. Everyone should check the insider trading reports.