Market Watch for Week of 8/24/2009

[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.

[notwal]

Hello everyone...I took a look at pink sheets today and the warning/stop sign for BCLE has been removed. It now says yield due to limited info. This is something that people on the spoke have been waiting for so I hope this step is a sign of some positive things to come. I'm hoping it signifies that the audit is over and they have gotten their crap together to announce a big contract.(wishful thinking) Also the volume today is already as high as the last two days with buys at the ask. Later

[GoHerdGreg]

Hello everyone...I took a look at pink sheets today and the warning/stop sign for BCLE has been removed. It now says yield due to limited info. This is something that people on the spoke have been waiting for so I hope this step is a sign of some positive things to come. I'm hoping it signifies that the audit is over and they have gotten their crap together to announce a big contract.(wishful thinking) Also the volume today is already as high as the last two days with buys at the ask. Later

Good info there, notwal. I had a sell order in for a whopping 6 minutes at the ask, and had no takers.

I took the order down. For now.

[billhart22]

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.

Greg,

If anybody is nervous, definitely move out of this position. I don't blame anybody for doing it. We are adults here. I (me, myself and I) am just waiting to see what Shipley says. I sent that email I wrote to the right email address last night, so I will give him a couple of days to respond before I call him on the phone.

[billhart22]

Good info there, notwal. I had a sell order in for a whopping 6 minutes at the ask, and had no takers.

I took the order down. For now.

I am cracking up...you put BCLE on temporary probation, eh? House arrest!

QASP is kind of doing o.k. at the moment.....maybe it has bottomed out..We shall see. I can't get rid of MGLG to buy some more QASP, but if it won't sell then I will just keep the MGLG. I would rather have the QASP though at this point. Ah, everything is going wacko! The fact that it is the end of August doesn't help either. Things will pick up in the Fall.

[GoHerdGreg]

BCLE is on Temporary Super-Secret Double Probation.

For now.

[Los Tiburones]

Good Morning guys,

Starting day 2, trying to sell MGLG @ .0006. It might be as hard as selling EVFL at .0002. We'll see what happens.

I have two computers cranked up this morning and I am watching all kinds of things. If it is going to be as boring as yesterday, I just may do some plumbing or work on one of my websites.

I have too much energy to just sit around.

Have a good one and good luck to all!

Hey guy's ... super busy this morning. Thanks romo, but no ... didn't go in for the sponge bath ... yet. Did, however grab up that last 20K of QASP right at the open for a Blue light special of ... .02 even ...

Bill, just an FYI and I don't know what is going on ... Might want to re-think that miggle. The volume right now is at 59M ... and were barely into the trading day .... hmmm

[Los Tiburones]

67 million ...

[billhart22]

Hey guy's ... super busy this morning. Thanks romo, but no ... didn't go in for the sponge bath ... yet. Did, however grab up that last 20K of QASP right at the open for a Blue light special of ... .02 even ...

Bill, just an FYI and I don't know what is going on ... Might want to re-think that miggle. The volume right now is at 59M ... and were barely into the trading day .... hmmm

Tib, good eye! QASP is over what I want to pay for it now. .023 is too high, so I canceled the sell on MGLG. I am glad that you saw that volume on MGLG. Miggle is a better position now. Thanks!

[Los Tiburones]

Tib, good eye! QASP is over what I want to pay for it now. .023 is too high, so I canceled the sell on MGLG. I am glad that you saw that volume on MGLG. Miggle is a better position now. Thanks!

It isn't dropping so ... it's got my antenna's up.

What's your L2 looking like?