Market Watch for Week of 8/24/2009

[billhart22]

[billhart22]

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.

[billhart22]

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

[imromo24]

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.

+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...)

[billhart22]

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

[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.

[billhart22]

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.

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.

[thetree]

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.

[Los Tiburones]

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

[billhart22]

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