OTCQX:BGMZF - Post by User
Comment by
yaponskion Jun 06, 2014 12:46pm
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Post# 22637770
RE:6.5, Insider Sales-a whole 73,000 sh out of 126,000,000 O/S
RE:6.5, Insider Sales-a whole 73,000 sh out of 126,000,000 O/S
tallestdude wrote: ooooo, so scarey. More DonkeyDangling in Mid Air plopski by Ace reporters Par&Hal.
Tall One, aka duderino,
What the F are you bladdering about now? I mean really? Get a grip. You are sounding a bit like the BBoS on one of his sharty sprees!!!!!
The real story is the tape Dude. Just look at
1 year stock chart on BGM and tell me what you see.
What stands out to me is the periodic spikes in volume followed by price drops. Oh, yes there were two gaps on the chart
- one around 42 cents at the of the year which didn't fill untill May of this year
- one around 35 cents his week which is yet to be filled
But we all know that gaps do like to be filled so no doubt a few wise swing trades like that roller are selling now to get back in at the gap.
The thing is looks like there was a double top in the 70 cent range but nothing on the chart to suggest a bottom is in place. The trend continues down.
Of course the good news for you duderino is that with 121M+ shares outstanding the volume is totally peanuts making chart reading meaningless stuff.
So watch the price of gold and you'll do fine (BTW the trend in POG is still down although next week is probably another sideways week... )...
Just saying dude...