OTCQX:BGMZF - Post by User
Post by
dkolish01on Oct 21, 2013 6:26pm
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Post# 21835142
Reminder
Reminder
I mention a couple of weeks ago to buy and those who did congratulation and be careful.
What we are using is a pent up buying demand and very little selling. A rise of 70% since opening should of trigger massive selling it did not. The volume has been very small in comparison to what was expected by the bashers and those interested in acquiring the company. Basher wanted to generate a massive sellof shareholder did not comply. Those wanting to acquire and looking for a cheap buyin are now faced with buying small blocks at a premium. This has create what we see today. Price rising basher screaming. The question I am looking at is the tipping point were a significant seller will unload his shares. So far no one has and this is simply going to drive the price up. Those acquire are left with the peanuts that are trading. Rexx is probable acquiring to maintain his position and so are a number of others.
Personally I am impressed so far. Tipping point coming.