Just go to their website and see the different stages of their products and all the trials and possibilities of approvals in the future
All you have to do is put 2 and 2 together. 1 failure of today does not define this.
You buy this low, and lets say few weeks down the road another trial is approved or succesful and you have a $3-4 stock easy again
This was a clear cut case of over reaction on some bad news. Sure news may not have been that good but its not as bad as the stock price reflects at this level
A lot of people sold at any price, its like selling a Rolex at Walmart prices cuz you think its a POS.
But when people realize their folly and how cheap this is right now, this will rocket back up. Dont be shocked if this is $2 next week when the fear subsides
Lets ride it up all the way to 4 pm to $1.80s
This is such a STRONG BUY for those who have a little patience. tomorrow it may even touch $2, but who has patience till tomorrow i guess to get $2.
Completely bottomed out. somebody said that I couldnt agree more.
This is a STRONG BUY. All my Buy filters are flashing up. This will lift up and take off later on in the day when the fear and panic subsides and people digest the news. Then when calmness returns, this will be $1.75 - $1.85 in a few hours
This must be a pullback to a temporary floor before this rockets back up
All my buy filters are flashing. I dont see anyone selling on Level2, and all the funds are lining up to BUY. expect a strong late day rally today and more strength tomorrow
this is a long term bullish stock. so dont sell cheap by getting scared by temporary small pullbacks. thats for fools, be smart
I wanna borrow money from the bank for probably the best Day Trade out there. Thank god I bought yesterday and I wish I had more money to buy today, so I can sell in $30+ level soon. Keep Buying, Bsft is an unstoppable rocket
Just go long brother. Your imagination of this stock retreating back to teens will turn out to be just that; Imagination
You need to come to terms that 'overpriced and overbought stocks eventually correct themselves' is a trading strategy of the past. This is 2011 and now market movers are using the strategy of overpricing stocks and then taking them even higher after every small dip. In short: make an overpriced stock even more overpriced and then when you do it, go ahead and do that again and again and again. I realized my mistake some time ago and have made a killing with this one going long, absolute killing, you do the same now
dont delay: Send your emails to email@example.com and firstname.lastname@example.org and insist them with pressing arguments to look into BSFT and expose it as a public service
After all, if Goldman Sachs and the big boys are manipulating so their clients get out at $30 and then price crashes back down to single digits for the retail investor, public ought to know how Goldman may have propped up the price artificially for so long: what techniques they used, how and why they pushed BSFT to such high levels.
So go ahead and email ZeroHedge to write something about BSFT as a service to the community before more investors get hurt or put new money to work in this one at this level
Email ZeroHedge at email@example.com, or write to SeekingAlpha or other such blog writers to write an article on how BSFT "may" be a scam and may have inconsistencies in its stock pricing and shady trading
Just 1 article like that exposing BSFT's recent stock price movements and its valuations will send this tumbling like just 1 article did to TSTC today. ZeroHedge does a great job uncovering and exposing such stocks to educate the public. I encourage you all to email ZeroHedge to write an expose' article on BSFT and get Goldman in the spotlight as well.
write to them at firstname.lastname@example.org and tell them to tear open BSFT a big wide hole like they do so wonderfully to scam Chinese stocks that are way above its valuations.
Americanbulls.com says Sell Confirmed. Link:
VectorVest says this. Value ~$10 only?? say what? (get your own free BSFT report emailed to you by going to VV)
"Value: Value is a measure of a stock's current worth. BSFT has a current Value of $9.67 per share. Therefore, it is overvalued compared to its Price of $23.88 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge."
Ran it up from IPO day to $27
Now, I wouldnt be surprised if they drop it to $20 and when you think about buying some at $20 they may say 'Gee we need to cut back on our 2011 outlook' as future seems weak and BSFT may not have a rosy outlook as thought before. Saying that they could run it down to $8 again
You are right, XOMA party was last week. Wait till an institution starts dumping at these highs to cash out their profits before tax year 2010. They aint gonna hold till 2011 especially with such incredible profits. They dont gamble like us
There is no scare tactic going here. Only the most logical analysis, whether on VectorVest, Investors.com, Tradingmarkets or any other. All say Super Over Valued at this price. They are trying to scare you too now? It's good to be a teenager sometime next week. It will touch 19.99 or lower within the next five days as I see it
Mid $2s is the best you get.
There is no reason for the rise here. No reason whatsoever that I see. Hence I will short it and enjoy the ride back down to low $2s
JillJack: werent you on IGTE board under a similar Jill name saying IGTE was invincible and that youar account was rising?
What happened to IGTE's invincibility? It was rising for yes so many weeks, and what happened today dude?
BSFT may seem invincible now just like IGTE was for so long, and then it can go down 20-30% in a day just like IGTE
NOTHING AVAILABLE TO SHORT. I am so frustrated when all brokers say that. It usually means the stock manipulation in 1 direction is coming to an end and manipulation in the other direction is about to begin. In other words, you will watch helplessly as a lame duck spectator when this is in a severe selloff freefall in the near future and you will NOT, i repeat NOT be able to short it then.
So under $20 may not be far in the future, but unfortunately a lot of people can NOT find shares to short. If you can find shares to short, you may be one of the few lucky ones as under $20 is very achievable and that may just be the start of a new trend down. Manipulation works in both directions, up and down.
When this was rising from 14, 15, 16, 17, ans now to 18, you were shorting
and now that it has maxed out and overshot by all means, and a fall is almost as good as money n the bank in days to come, you want to go ahead and buy the highs?? what is wrong with you?? by the way i followed your calls on PIP board and you simply got lucky there thats all
A few pennies up and down from here on out, but in the next few trading sessions, dont be surprised if this goes down hard, especially if the stock market retreats 200-300 pts in the next week or so