Market Watch for Week of 8/24/2009

http://www.coloradohandyman.com/qasp7.jpg

That NITE is a Satan! Every time it is up, it lets the price fall so it can buy more on the bid side. I would like to exorcise that demon. You can see its head spinning around. :devil:

Talk about security...6 were arrested for stealing part of the Mexican/U.S. border fence for scrap iron. :rolleyes:

Quote:

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Originally Posted by GoHerdGreg

Bill, et al--

The *one*thing that put me into "sell BCLE mode" is the income statement. $127,000? Are you kidding me? Combine that with over $1 million in debt, and OF COURSE they are diluting and doing an equity offering! At that rate of income, there is no way this company can be valued at $.015-.018 per share for long.

Maybe they do have $30 million in government contracts that they have *applied* for. That, however, is not the same as securing those same contracts.

They employ a whopping 6 people (per the report), and you have to pay those folks some way, some how.

I just do not have a good feeling about where this business is, looking at the numbers. I know that can all turn around in a heartbeat with just one government contract, however.

Either the sh!t is going to hit the fan, or they will get a big contract and things will get better. It is an "either/or" scenario at best, a gamble at worst.

I look forward to everybody else's thoughts.

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+1


the one possible contract was what kept me in it...


if you haven't watched the BCLE video you should, its rather revealing, some old dude and an old chick with a green bottle, shoddy video....(but im not denying the possibility of a big contract, cleaning weapons and tank parts is HUGE, if it really works and saves the time and money they say it does...)

Look at all the MM's on BCLE. Interesting.

http://www.coloradohandyman.com/bcle.jpg

i never see level 2 so i duno whts interesting :( is there more mm's than usual? lunch time soon goooo team


p.s. bcle's website looks a little different.

Quote:

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Originally Posted by Sean

i never see level 2 so i duno whts interesting :( is there more mm's than usual? lunch time soon goooo team


p.s. bcle's website looks a little different.

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I went and took a look. They have re-done it. It is much better than it was.

Yes, there are more MM's than usual...why? I dont know.

You guitar guys, or anyone who has been into guitar rock for the past 4 decades, will probably appreciate It Might Get Loud. It opens tomorrow. Hopefully it will be playing somewhere near me.

QASP... geting cheaper ... touched .019 ... back to .20 even

That Movie looks great! I will have to keep my eyes open. That would be a good weekend thing to go watch.