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I was wondering what the more experienced people here think of this stock BDWH I can't get a chart on it from Sharp Charts and nothing on *************.com Got one on nasdaq.com
I've been at this since the beginning of the year, so I am still a rookie. From what I've learned so far, this one looks good. It is at .0025 I'm thinking I should go for a limit order at .0023 tomorrow. I don't day trade and I am not at my computer at all during the day.
Any information or advice would be appreciated.
Here is the latest news on BDWH:
BDW Holdings Announces Anticipated Purchase Completion of Transworld Oil & Gas
ORLANDO, FL -- (MARKET WIRE) -- 01/20/06 -- BDW Holdings, Ltd. (OTC: BDWH) announced today that it anticipates the completion of the purchase of all the outstanding shares of Transworld Oil & Gas (OTC: TWOG), for stock of BDW Holdings, Ltd., by the end of February. The company also plans to be operating under its new proposed name of International Energy Ltd. once the purchase is completed.
After the purchase of Transworld Oil & Gas, the new International Energy Ltd. intends to become a reporting issuer and list on a higher exchange, not only in the US, but will also seek listings overseas.
About BDW Holdings, Ltd.
BDW Holdings, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide
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Didn't have profanity, just the website name. Oh, well. Do you have any thoughts on BDWN BuyTex? I see you around these board a lot.
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I don't see how you can buy BDWH at its current price over TWOG, if you take their PR at face value. Unless there is something between the lines or you are planning on getting out before the merger to me it makes no sense. I would be really surprised if they give investors much notice before the merger is finalized or falls through because of the numbers involved. Does any one have any different ways to look at this after they read the merger PR?
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I'm not a big player YET. I plan on buying 53,000 shares at .0022 (Limit buy)and selling when the price goes back up to .0040 and making $79.00 after my brokerage fees from my $124.00 to buy.
Constructive criticism is appreciated.
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If you are as green, as you say you are.....And during trading hours, you can't monitor your computer........I don't think it would be a wise move to have anything to do with an OTC or OTCBB..
These things can be Widow Makers, if you don't know what your doing..
Trade um on paper for awhile, and then you will understand what I am talking about...
A fool and his money are quickly parted in Sub Penney land....
In the majority of these Pinks and OTCBB'S, you are playing against a stacked deck..
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Got my 53,000 shares for .0022 and it ended closing at the opening price of .003 So far so good.
Thanks for the advice Dustoff. I buy and sell with limit orders only. Doubt if I'll get stinking rich, but make a few buck or even breaking even would be nice. I've already learned a lot while playing.
I only have $1300 invested in 7 different stocks:
PCEB DBWH ONT GZFX CTCH RCOV CYOS
I found it doesn't do much good if you can only afford to buy 15 shares of a $7.00 stock. Such as my $7.05 PS for SIRI Eventually sold for $6.31 just to cut my loses. It would have had to get to $7.98 just to break even with the $7.00 per trade Scottrade charges. Since SIRI is $5.90 today, I think I did the right thing.
Hopefully BWDH will get to .004 or .005 and I can sell for a little profit.
Any better idea of how to invest $1300 in the market, I'm open to ideas.
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