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Author Topic: brvo>>>watch for a bounce
hedfe
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I am in from an average in the mid 30's
now in the high 20's way oversold and under lower bollinger,could bounce big imo

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hedfe
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rsi is at 13
a little oversold perhaps [Big Grin]

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hedfe
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.29 hoping it goes back to .4 so I can make some profit, my avg is .35
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hedfe
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breaking down .3 wall anybody in?
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ABEX TRADER
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Yeah,I have been buying on the way down as long term this shall go back to the .50 range.

Thing is long term they will have a float of 314Mil.Shrs. per the CC yesterday.

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ABEX TRADER
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Don't forget also they have talked about an RS,but this co. is going to be big long term.

Also GSPI will do well next yr..DeBeers will push them to over $1 next yr. if everything goes right.

OTCBB ,The dilution is the solution exchange!

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ABEX TRADER
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Look for a Hnag Man Candle EOD for confirmation and look at IRSN ,what that did today. Once owned it!
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hedfe
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heres the dip
I would like to see it close above .32, that way it will form a hammer and still be below the lower bollinger band and will gap and run tomorrow

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jblackwood
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in at .308
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hedfe
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http://www.profitspi.com/stock-chart.aspx?id=BRVO&ca=646569421

Notice the lower bollinger band is at about .34
This one is way oversold and should go back above the lower bollinger band within the next day or two imo

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hedfe
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arca is on the bid
looking for EOD run

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ABEX TRADER
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When will they be going cashflow positive is my question.

They came out with fluff news the other day .First they said they could produce 170Mil. units a year,now it's 160.

They have stopped making projections which is a good thing because they always overshot anything they said.

This is the Dilution is the solution market and BRVO has been doing quite well at that.

They stated they have enough cash to last so there should be no more dilution for some time.They also said they would be earning or breaking even soon.What I have to wonder though is the warrants have targets of .52 & .84 so that shall add to the float also.

Long term once Hood and the other producers are pumping their milk out at full capacity this should fly.Hopefully the market picks up on that.

They did not mention anything about an RS this last CC which makes me wonder if they took that off the table. IMO they should be capable of getting to the NAZ and the $6 mark if they are going to be competitive with other producers.

With COKE & Arizona distributing they have everything in place.With just achools and PX's doing well they should go to well over $1 next year.

This should be the groundfloor with the top being $10 in the net few yrs. if they get the backing of the investment community.

They have alot of convincing to do once they get full production which brings another point up.First they said Hood was producing this month,now it's December. Did I hear that wrong?

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