Ron stated:
"Want my prediction? I say we gap open Monday with huge continued buying into the afternoon, Look for a small pull back late in the afternoon as short term traders take profits."
I'd beg to differ with you...but begging is so, so, *common*. Ah, but this is one of the more common of common stocks! There is an outside chance the stock will "gap up" Monday for a bit before the NASD and SEC folks get their ducks in a row.
After the IDID incident, you can believe the SEC will move quickly on this one. I would say trading will be halted by mid-morning Monday or Tuesday at the latest. My guess is BICO will be put out to pasture on the bulletin boards, and appropriate indictments handed down in due course.
Re: the Bloomberg story, they would do well to issue a retraction on that one. "Approval" to ship to Europe....approval could mean customs clearance to ship a box of tinker-toys to Poland.
In my opinion Bloomberg has committed a big time error in their brief reporting. It implies there is a direct linkage between the stock run-up and the purported shipment to Europe (which incidentally they (BICO)neglected to give either a quantity or a $ value...as was pointed out here by astute observers)
Ron further stated:
"The stock looks very promising and is surely causing a big short squeeze :)...........RON " (quoted out of context)
The only shorts being squeezed are going to be the Market Makers and a select group of insiders who have hoarded the stock and will commence to download in earnest....the grunting and moaning may prove very undignified indeed!
As I stated earlier....if you are just coming to this party, you may as well take your party favors somewhere else. The music is winding down, and the punch bowl is empty.
Unless you just enjoy the sight of retching drunks awakening from a night of debauchery the entertainment value is pretty minimal!
Cheers! Better luck next time!
DISCLAIMER: THESE ARE MY OPINIONS...IF IT WERE *FACT*, I'd be as guilty (by association) as the folks who instigated this riot in anticipation of the big "news". |
