OTCQX:BGMZF - Post by User
Comment by
yaponskion Jul 29, 2014 4:31pm
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Post# 22791594
RE:RE:RE:Hey Red. Cover your of your short positions yet?
RE:RE:RE:Hey Red. Cover your of your short positions yet?chillyballs wrote:
I could be dead wrong...but this feels a lot more like short covering than panic selling.....
Chillyballs,
I would never in a million years short a stock like BGM but from what I remember of shorting other stocks, when the shorts cover the price usually goes up and not down.
Price went down today on small volume (relative the outstanding shares) so that suggests that someone sold out a long position to the best available price.
When you look at my little old game, door #4 is certainly looking a bit more probable at today's close. Just saying...
pick the mostly likely outcome for February 2015 BGM financials wrote: | | What result do you expect in the 2014 full year (February 2015 report) financials? |
| Door #0 | Bottom line net profit is greater than $2,000,000 |
| Door #1 | Bottom line net profit is slightly positive |
| Door #2 | Bottom line net profit is negative |
| Door #3 | Bottom line net profit sets a new record low |
| Door #4 | BGM is under court controlled restructuring before 2014 financials are released. |
| Door #5 | The happy door. "Live happily for ever after". Comes with a lifetime supply of Prozac and three BigBagO "don't worry be happy" motivational CDs. |
| | |
| Picks to date: |
| | Door #1
- accruedfortunes (with an option on door #0) |
| | Door #3
- Halcro (but leaning towards door #4 maybe) |
| | Door #4
- cabsav
- Parsnipguy (Q3 2014 time frame for start of court order protection)
- Specboy2111
- Yaponski |
| | |
| | |
| Note: | You can change you door picks anytime up to the date the 2014 full financials hit Sedar.com. |