Posted On: 12/08/2012 6:10:12 PM
Post# of 16816
I ran some numbers on $BCAP:
1.43B shares have traded at $0.0004 or higher since October 8, 2012. Of those shares, 1.2B were traded at $0.0006 or higher.
O/S = 2.36B since October 2011 (14 months)
If there was no dilution in 2011, this is about the point $BCAP should have been trading at then.
MACD has quietly flipped on the charts and is now trending up.
RSI on the daily and weekly charts are reset.
If you ignore that there's a ticker symbol and news what you've seen over the past couple of months is a rise, followed by a Fibonacci retrace from $0.0012 consolidating at $0.0006. It should set $BCAP up nicely for 2013 when revenue news is released.
If Matt delivers you'll see $BCAP run higher than $0.01 and stay there.
1.43B shares have traded at $0.0004 or higher since October 8, 2012. Of those shares, 1.2B were traded at $0.0006 or higher.
O/S = 2.36B since October 2011 (14 months)
If there was no dilution in 2011, this is about the point $BCAP should have been trading at then.
MACD has quietly flipped on the charts and is now trending up.
RSI on the daily and weekly charts are reset.
If you ignore that there's a ticker symbol and news what you've seen over the past couple of months is a rise, followed by a Fibonacci retrace from $0.0012 consolidating at $0.0006. It should set $BCAP up nicely for 2013 when revenue news is released.
If Matt delivers you'll see $BCAP run higher than $0.01 and stay there.
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