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Abbott Laboratories Message Board

  • snugly60031 snugly60031 Aug 17, 2005 11:22 PM Flag

    Spec: Also Bought BCGI Again

    Remember that one? I have played it several times since we first discussed it nearly 2 yrs ago, and I have managed to make profit every time. You might want to look at it again. It is very cheap now, $1.86, BV is $6.92, they have over $3 cash, and no debt. Only problem is they lost patent infringement suit brought by Freedom Wireless, and judgement would BK the company. It is back in the courts, and a judgement is due anytime. It's a crap shoot, but I got long 2000 shares and bought 30 Sep $2.50 calls @ $0.15. Let me know what you think. Thanks, Snug

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