posted
Bid is now rising, volume has almost tripled!
qwame
posted
Crazy trades between bid/ask, bid still rising, volume is has increased 5 times since my first post an hour ago. looks like mm's are taking trades between.
qwame
posted
i think it is taking off!!
qwame
posted
Over 2 Million in volume now, .012 .0125
qwame
posted
CAN IT REACH .02 TODAY???
qwame
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I wonder if news is coming? It has been a month since any news!
qwame
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Darn, it did not reach .02 today, Good day though
qwame
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Gapper tomorrow!
Mainetrader
posted
Today I bought 50,000 shares of BIBO in the .01 to .011 range. I was having a lot of trouble filling my order (took 3 hours to aquire all 50,000 shares) indicating a reluctance to sell. Here are the reasons to buy:
Bank line of credit of $440,000 was paid off last quarter
Low share count, 300,000,000 shares authorized and only 55,340,091 outstanding as of last 10Q.
Showroom in New York and excellent website
Apparel is currently distributed with retailers such as Wal Mart, Sam's Club, TJ Maxx, Century 21, JC Penny, Burlington Coat Factory, 7th Avenue, and Swiss Colony, with the potential of larger contracts and increased sales. THEIR RETAIL SALES POTENTIAL IS HUGE!
The 10K independent auditors report does not list this company as a going concern issue
There are no current lawsuits filed against the company
The new M Sasson brand will bring in millions of dollars of future revenue in my opinion
They contract with many different overseas suppliers for product indicating a strong supply chain
An ongoing advertising campaign is taking place
They were recently delisted from the Berlin Exchange
The chart indicates vastly increased volume in the past 2 months, RSI is increasing, and it appears to have bottomed out. The stock has been in an accumulation phase and could be ready to break out.
This is a great long-term hold in my opinion, the closest I've found lately to a "hidden gem." I'm not trying to pump this, just stating the facts as they are presented in the SEC filings and my interpretation of the recent charts. Always do your own DD and draw your own conclusions before investing.
Mainetrader
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Oh and don't forget their current backorders!
Mainetrader
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QWAME you were talking to yourself, LOL
LSDesigns
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Looks like a good one to hold a few weeks. Gonna watch this one.
Thanks qwame
Maelien
posted
I have been in at .025 for some time and almost dumped. Glad I held on. Old Curt
stocksrgoingup
posted
In my opinion Bibo is an excellent stock. With it that low, it can hit .02 very easy. I already had much success with Bibo and only if I didn’t put all my money into tfct, I would have put it into Bibo. Now I am kind of stuck in tfct for a little bit before the commercials come out. Good Luck to all that are in Bibo!!
qwame
posted
I agree, very low indeed, look at the chart before being listed on the Berlin Exchange, it was over .10, i think half of that would be nice.
donb
posted
quote:Originally posted by qwame: CAN IT REACH .02 TODAY???
Not to be a pessimist or anything, because I really like BIBO (and I own it), but what is the point of a post like this?
It lacked the volume, interest, and PR to go anywhere yesterday, much less double. Why would you make such a temerous remark.
That post caused me to completely disregard everything you said because now I can't make myself believe you have any idea what you're talking about.
Just letting you know that such a post makes you lose your credibility to anyone with common sense.
On my own note, I think BIBO is way undervalued based on it's current chart and recent history. It shouldn't be this low and if they release any sort of positive PR, it's going to shoot back to the .018-.02 range where it should be.
[This message has been edited by donb (edited July 02, 2004).]
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