Trading: Part 4 The Upside Potential
There are several factors which lead me to think that BII has great upside potential. In no particular order, here they are:
1) As noted in my previous posts, the bottom has been tested and retested. Some houses are working very hard to make the stock "look weak" and keep it temporarily boxed in. In the mean time, other houses are aggressively buying.
2) BII IS COMPARABLE (except in share price currently) to some of the incredibly valued U.S. internet stocks. It's a joke to see some of the posts here slamming the stock. Often though, these efforts are fairly transparent.
BII IS a good solid company
BII IS being backed by some VERY BIG other companies
BII IS well on the way to making serious money.
Again, take a STRONG look at the numbers in the recent press release. They speak for themselves. The slamming posted here, or through Taurus or wherever else is just plain bilge. See through this bunk and ignore it. The GREAT numbers are right there in front of you.
3) There is more news in the works. We didn't get the announcement last week regarding the cable deal that I think a lot of people were hoping for. When this news does come though, the upside to the share price will be very strong. When that happens, people will see the potential of BII in an even stronger light, propelling the stock further again. Then as people come to realize that Nasdaq is a very REAL possibility, the stock will move again, and again, and again. IMHO, when all of this happens, it will happen VERY strongly and VERY fast. There will be a lot of people left on the sidelines, only watching in frustration at the $$$ they could have made.
For myself, I will keep a small position to trade, as BII presents this kind of opportunity. Much more substantially though, I'll keep a core position that will stay put until BII reaches the incredible potential that I think it has....and when it does,(again much sooner than later I think), those of us who bought in at these levels will be far far wealthier in a very short period of time.
Regards,
Kevin |
