Another penny (Pink Sheets) on the rise ;) with strong volume.
Like SNNW, BCIT was also mentioned in Traders Nation TV:
http://biz.yahoo.com/pz/050711/81502.html
Take a look at the chart...
I'm putting a little down here I think. Thanks. ;)
Is this information correct?:
QuoteBCIT -- Bancorp International Group
Com ($0.001)
Address:
15 Onslow Gardens
Suite 7
London, SW7 3AW
United Kingdom
Phone: 44 20 78239258
Business Description: Not Available
State of Incorporation: NV
Officers:
Thomas Megas, Pres.; Martin Duffy, Sec't.
Outstanding Shares: 29,030,000 as of 2005-06-09
Estimated Market Cap: 60,963 as of 2005-07-08 (based on Outstanding Shares as of 2005-06-09)
www.pinksheets.com
I can't find much more on this one...
But I like the chart so much ;)
Ramsburg, it looks like the volume might be settling down. I agree the chart looks outstanding, but if the volume dwindles again then this could turn in to a mid-term trade. I like the chart, but I'm wondering why it had its early morning run and then suddenly died again. I realize some news was released this AM, but I would expect the momentum to last throughout the day.
This chart pattern, is a double bottom, with huge volume on this second bottom...
I'm not sure about a lot of things on this company (it's normal on PK's >:D), but I feel I'm buying near the floor level...
I'm looking forward for the next development on this trade ;)
best regards,
I hope (and believe) you are right. Thanks for the tip, now we just have to hope for the best.
Quote from: slomo007 on July 11, 2005, 03:48:38 PM
I hope (and believe) you are right. Thanks for the tip, now we just have to hope for the best.
yes ;)
But don't forget this is a PK, so the risk is even bigger then a regular OB ;)
I can't see level2 on BCIT, is it because it's a pk ?
Quote from: nofear on July 12, 2005, 11:21:44 AM
I can't see level2 on BCIT, is it because it's a pk ?
yes, it's listed on the pink sheets
NEWS:
http://finance.yahoo.com/q?s=BCIT.PK
Mr. ramsburg, are you still holding it ?
Quote from: ttvert on July 12, 2005, 03:44:25 PM
Mr. ramsburg, are you still holding it ?
yes, it's near my entry price.
I have to hold this penny for a few days ;)
The 3 month volume chart means I'm staying in:
(https://realtime.bigcharts.com/custom/harrisdirect/privinteractive/chart.asp?symb=BCIT&style=1133&size=2&time=3mo&freq=1dy&compidx=aaaaa:0&type=64&ma=1&maval=0&lf=268435456&lf2=0&lf3=0&lf4=0&command=Display&mocktick=1)
Quote from: slomo007 on July 12, 2005, 03:51:16 PM
The 3 month volume chart means I'm staying in:
yep ;)
Me too.... I just can't sell this volume... not right now ;)
Had to sell this today at .0022 in order to increase my position in BRVO. Yesterday's volume, or lack thereof, also scared me as well.
Oh well, you win some, you lose some. I'll recover my losses through my purchase of BRVO at 1.03.
Wow, I'm very glad I sold. Today's volume of close to 100 million, combined with a .0015 price, does this make it a buy again?
Any thoughts Frederick?
Hello !
TA - UP +
Bancorp International Group Inc. Announces Initial Interim Conclusions of Ongoing Investigation
Aug 1, 2005 5:53:00 PM
2005 PrimeZone Media Network
NEW YORK, Aug. 1, 2005 (PRIMEZONE) -- Let it be known that as a result of the BCIT announcement at 10:30 a.m. on 6/13/2005 the company hereby announces the initial interim conclusions of an ongoing investigation.
The company has been the victim of corporate identity fraud (click on the URL below). On 4/21/05 via fraudulent documents filed by a "Louis Lesser" with the Nevada Secretary of State, there was an illegal attempt to take over BCIT by Carter Care Inc. by way of a purported reverse merger (5/12/2005). This occurred without the knowledge and consent of the BCIT shareholders and board. Prior to BCIT being alerted of the fraud, there was no contact with or knowledge of Carter Care Inc. by BCIT and its board. Carter Care was subsequently contacted, and a verbal agreement was reached for a retraction in the form of a wire announcement by Carter Care. However, an announcement was illegally made under the BCIT banner and referred to a reverse merger that had never legally occurred.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=243077
Let it be known that those individuals and corporate entities involved with the illegal takeover of the company printed invalid share certificates with the legend Bancorp International Group Inc. These certificates were signed by Richard Carter of Carter Care, and hundreds of millions of shares have since been printed. These shares are apparently being illegally sold by market maker Sterne, Agee & Leach, Inc. (SACM) http://sterneagee.com, trading office 980 North Federal Highway, Suite 108, Boca Raton, Fl 33432; tel (800) 930 3536. The Birmingham, Alabama office of the Federal Bureau of Investigation has been initially contacted in this regard.
Let it be known that these shares have no value and do not constitute any of the legal equity of BCIT. The official printed and issued shares of BCIT do not exceed 4,890,000 shares which bear the legend March Indy, signed by Thomas Megas. The investigation is ongoing, and state and federal regulators have been made aware of the problem. Attempts to agree to compensation of $2,000,000 for damages have foundered on the issue of criminal liability. The company accepted $50,000 as a partial payment to cover initial investigation expenses and as part of an overall settlement for damages.
BCIT has not signed nor entered into any agreement relating to any gold or diamond mining venture and has made no announcements to that effect. BCIT has made only one previous recent announcement on 6/13/2005.
In November 2004 BCIT commenced bringing its SEC filings up to date and consulted with brokers in the USA and Europe regarding a reverse merger with a European realty business. BCIT hopes to rehire its original transfer agent http://pacificstocktransfer.com in tandem with its SEC filings. On 6/20/2005 Thomas Megas and Martin Duffy were reinstated as officers of the company with the Nevada Secretary of State. On 7/28/2005, Blue-sky Solutions, LLC, having been hired by the fraudulent parties, resigned as investor relations contact for the company.
In the interest of protecting current shareholders who may unwittingly be holding illegally printed shares, BCIT will be petitioning the NASD to enforce SEC rule 203(b)(3) http://www.law.uc.edu/CCL/regSHO/rule203.html and effect a "buy-in" by the parties who originally sold the invalid shares signed by Richard Carter and have effectively "failed to deliver" what they represented as valid shares of BCIT
Regards.
Evgeny.
Volume has continued, along with upward bias in price. Interesting that it is not leaping in one day, 50% gains, as many of the other pennies do, but more a steady upward direction, day by day.
Decided to take the plunge on Thursday at .0027. Climbing steadily. Closing near the highs. Good volume (50 mil+ daily). Broke thru the 50 day MA on Friday.
Continuing to move this morning. Up 25% on good vol (21 mil shares).
Moving on up .
Great pick Ramsburgh!
**************************************************************
BANCORP INTL GRP (Other OTC:BCIT.PK) Delayed quote data
Last Trade: 0.0068
Trade Time: 11:36AM ET
Change: 0.0022 (47.83%)
Prev Close: 0.0046
Open: 0.0049
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 0.0049 - 0.0075
52wk Range: N/A
Volume: 56,790,563
Avg Vol (3m): N/A
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div Yield (ttm): N/A
I'm out. Great run (.0027 to .0080). May have more legs, but I am used to watching the profits vanish. My thanks to Ramsburg as well !!
Be very careful, I'm surprised this thing isn't halted yet.
I had posted about this back when it was like .0013 which was my avg buy in. Once it started taking off I got trigger happy and sold at .002 :'(
But once I saw that recent PR that came out, I'm just waiting to see if they are going to be halted.
Thanks guys ;)
I'm out too.
What was the talk about being halted ???
Up day again.
http://biz.yahoo.com/pz/050811/83779.html
It's all going to come crashing down sooner or later. Bummed I missed the rest of the boat but glad I'm out at least.
Hello !
http://stockcharts.com/def/servlet/SC.web?c=bcit,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
Regards.
Evgeny.
I can't figure this out...
I'm not in ,and never was. But you all were talking of this being halted,
so I guess you all sold.But look,it is still moving up!
Please someone explain to me why everyone ran for the border ???
Quote from: setravis on August 22, 2005, 08:25:38 PM
I can't figure this out...
I'm not in ,and never was. But you all were talking of this being halted,
so I guess you all sold.But look,it is still moving up!
Please someone explain to me why everyone ran for the border ???
:o It's really hard to sell a 10 bagger a few weeks before the time... ARRGGG !!!
I'm not sure if anyone is holding this rocket, but congrats !!
Zoom..Zoom..... 8)
Is anybody holding?
*************************************************************
Press Release Source: Bancorp International Inc.
Bancorp International Group Inc. Announces the Appointment of the Company's New Stock Transfer Agent
Friday August 26, 4:45 am ET
NEW YORK, Aug. 26, 2005 (PRIMEZONE) -- Referring to Bancorp International Group Inc.'s previous announcement of its intention to appoint a transfer agent, let it be known that the Pacific Stock Transfer Company has been appointed the company's stock transfer agent effective as from the date and time of this announcement. All enquiries and matters relating to the transfer and integrity of the company's shares are to be addressed to: e-mail:
[email protected], telephone 702 361 3033, fax 702 433 1979.
Bancorp International Group Inc will shortly be making a further announcement relating to the procedure and process of the company's intention to recall and re-issue all of the company's share certificates.
Thomas Megas
Ceo
Bancorp International Group Inc. proposed recall and re-issue of all of the company's share certificates
Contact:
Bancorp International Group
telephone: (702) 361-30334
fax: (702) 433- 1979
e-mail:
[email protected]--------------------------------------------------------------------------------
Source: Bancorp International Inc.
are you holding setravis ?
Jesus... this stock is making me nervous... :o
I bought a small amount on Monday,
Just to get a taste in case it had anything left to give.
How about you Rams,are holding some of this?
What was all the talk here earlier about being halted?
What are your thoughts on BCIT now?
BANCORP INTL GRP (Other OTC:BCIT.PK) Delayed quote data
Last Trade: 0.03
Trade Time: 12:15PM ET
Change: 0.01 (57.89%)
Prev Close: 0.02
Open: 0.02
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 0.02 - 0.03
52wk Range: N/A
Volume: 12,587,664
Avg Vol (3m): N/A
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
It was because someone mentioned that this stock was being halted that scared me away..it looked really good..and I see it is.
Too bad, great missed opportunity.
Good for you Setravis!
julia
The talk of being halted,that is what scared me away the
first time also Julia.
But I keep it om my watch list,noticed it was still moving to the upside,so I
gave it a shot. Glad I gave it a chance... :D :D :D
Good luck with your trades, and have a nice day.
See what I mean...u know what to do!! I swear your part bloodhound ;D
Where is this going..its relentless!
good luck setravis, hope u rake it in today!
julia
setravis and ramsburg, you guys are my heroes... you guys can smell a long white candlestick better than pigs sniffing for truffles!!
Is there a gun icon? Man, this thing makes me sick.
Had 1.3 mill shares at .0001 sold .0002, never got back in.
Was considering boosting to 5 mill shares but it moved up to .0014 or so and I didn't. LOL
Sorry, rooting that this whole thing will fix itself and the truth will come out! 8 mill true shares? hundreds of millions trading hands?
(kicking myself, beating myself up, crying in the corner like a little baby)
Wow!! I feel your pain eduardvs! That's harsh! :'(
Keep the gun icon away from Eduardvs!! :D(if there is one?)
But, don't worry...just do what Setravis does...and u'll make it back. ;D
Take a deep breath...and step away from the computer...u'll be okay. :)
I'm having trouble watching it to...earlier...i had a buy in at .032..then took it off..think..its gonna fizzle at .0034 and then fall back...but, of course it didn't
next time. ;)
julia
I'm out of the stock since a while ago :(
;D
Up early.... :o
+39.58%......877,815
Quote from: setravis on August 29, 2005, 09:35:29 AM
;D
Up early.... :o
+39.58%......877,815
Congrats Setravis ! ;D
Thanks Rams.....Thanks for your pick.. ;D
Took profits here ;)
Ameritrade is not allowing any transactions. Tried to do a buy at the lowend, but they won't allow them. Called customer service and they indicated their is some issue in processing any transactions on this stock at this time, so they are not allowing any by phone or online.
Ramsburg/SEtravis, do you guys like this pullback level as a good entry point ? Ran up to .053, and currently at .031.
Looks like a good buy point.
It was acting so strange this morning...up ,down, up,down
I didn't know what was going on.
Nothing against the chart, but I made a nice gain in 5 days,I just couldn't resist
taking the profits.I may watch and get back in myself.
Where did it go ? Assume there is an additional letter to BCIT_ ?
News out....been halted....counterfeit stock!!! :o
http://www.pinksheets.com/quote/news.jsp?symbol=BCIT×tamp=2005-08-31%2011:43&headline=SEC+Temporary+Trading+Suspension&pno=1&compid=630260
Quote from: runforthedoor on August 31, 2005, 02:07:39 PM
News out....been halted....counterfeit stock!!! :o
http://www.pinksheets.com/quote/news.jsp?symbol=BCIT×tamp=2005-08-31%2011:43&headline=SEC+Temporary+Trading+Suspension&pno=1&compid=630260
Glad I didn't opt to jump in on this one ! Must admit that I came real close a couple times while it was dropping.
Ok, it's about time this show got run off the road. Anyone who did not see this coming and is stuck in it is either-
A. Completely blind
B. Believes everything they read on message boards or
C. Did not do their DD on the company and the blatantly obvious fact that other than the 8 mill orignal shares the rest were counterfeit.
I'm surprised they let this thing go on for so long, so sad because I'm sure many many investors got burned. This thing was trading in the hundreds of millions a day for a week or two.
WHen Can we expect trading to resume? Im tired of seing my shares frozen.