Hey miketrav69 - You said "Especially since most
Post# of 730
You said "Especially since most penny stocks are complete pos scams".
Very true. The exception with BBDA is this: They do in fact have a real product whereas most penny scams are shell companies. That product is being delivered in various cities, states, and countries around the world. That product is selling although it isn't exactly clear how great or not so great the sales are, but it is selling. There is exponential expansion into venues to sell the product. So unlike other Penny scams, this puppy has a real product that is expanding its reach. That's a difference that is pretty substantial. The question is, will there be a buyback once BW is satisfied he can afford it, and will it rebound from said buyback. My opinion is that there will be a buyback and that the pps will rebound. Not only will it rebound, it will hit highs not seen before in this play.
Is my thinking rational? With what I understand about this product and the steps that have been taken and will be taken, I think so. I believe it is worth sitting out and waiting. Time will indicate if I am a fool or not. If not, I'll be retired in 2 years if I live that long.