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Public 3SOF Boards => Penny Stock Picking => Topic started by: eliteG on June 24, 2005, 10:09:51 AM

Title: BLYC
Post by: eliteG on June 24, 2005, 10:09:51 AM
the only strong stock I have scanned at the moment...interesting to watch. very tiny.



Title: Re: BLYC
Post by: Ramsburg on June 24, 2005, 12:09:19 PM

Jesus eliteG ;)

Today you are like the Mr. Master Pennies ;)  >:D

BLYC is another penny on my list... I have a small position on it, are you in ?
Title: Re: BLYC
Post by: J.Livermore on June 24, 2005, 01:34:47 PM

This will not be a 10 bagger guys  ;) We are looking to a 20 or 30 bagger !
I've bough all my way up from 0.0022 to 0.0026  >:D

This stock is so small, that in 2 or 3 days it could be over 2 cents.

Its nice to have such great penny pickers over here !

Title: Re: BLYC
Post by: Ramsburg on June 24, 2005, 01:43:39 PM

Jesus...

You are putting me nervous Jesse ;)
I started with a small stake on this one, but now it's not so small (110% profit).

You have any specific reason to believe on the 2 cents price level ?
Title: Re: BLYC
Post by: J.Livermore on June 24, 2005, 01:49:45 PM

Rams, I have simple 2 reasons: Math and TA

In such a little tiny stock, all this volume is just like giving gasoline to a fire, besides, today its the first day, tomorrow it will simply blow out to the sky !

Title: Re: BLYC
Post by: Loffigus on June 24, 2005, 01:59:07 PM
I got royally screwed today in this stock.

I bought at the High of day when it was $.0025
Then saw it drop to $.0017 and sold.
Then watched it rise to $.0049

I kicked myself.  I still am.

Title: Re: BLYC
Post by: Ramsburg on June 24, 2005, 02:13:10 PM

Loffigus :(

When it comes to penny stocks, we must stay cool... to stay cool we need to have only a really small stake on the play... otherwise we can get easily wiped out...  :(

I'm sorry to ear that Loffigus...

Title: Re: BLYC
Post by: gmarc66 on June 24, 2005, 02:48:00 PM
so is sitting at .003, is it still a good time to jump in,,,alot of sell offs right here...is it time to take advantage?

thanks,
julia
Title: Re: BLYC
Post by: fill_the_gap on June 24, 2005, 02:49:18 PM
May buy some more near the close for Monday.

Never can tell with the Pennies.

Thoughts ?  
Title: Re: BLYC
Post by: saffeysite1 on June 24, 2005, 02:50:15 PM
If I was looking to get in, I would say yes, alot of bids coming in at that price. 

Good luck
Title: Re: BLYC
Post by: gmarc66 on June 24, 2005, 02:59:22 PM
well, i just picked some up at .0033...hope it jets now!

good luck everyone...would be nice to have a great finish for this weekend!

julia ;D
Title: Re: BLYC
Post by: Pete on June 24, 2005, 03:00:09 PM
I am in @ .0035. I hope I make a few pennies on this :) 'coz lost and loosing a lot of pennies in aret, amep, epyh ...
P
Title: Re: BLYC
Post by: eagerlearner on June 24, 2005, 03:21:10 PM
i am in too, for the momo. but this stock doesn have any fundamental or news.  we can only go as fas as momentum gets us.
only see it as a short short trade
jmho
Title: Re: BLYC
Post by: The_Smaker on June 24, 2005, 03:35:58 PM

Looks like the fundamentals are in good shape, or getting better, this is old news, but shows some recoveries, besides that some good news must be coming out:

Bentley Commerce Corp. Announces Results for Its Third Fiscal Quarter Ended March 31, 2005

SARASOTA, FL--May 24, 2005 -- Bentley Commerce Corporation (OTC BB:BLYC.OB) (www.bentleycommerce.com), the leader in Internet and point of purchase barter and trade, announced financial results for its third quarter ended March 31, 2005, of fiscal year 2005. Revenue for the nine months was $379,744 (2196% higher), Operating Expenses were $1,978,442 (43% lower) and Operating Loss was $1,598,698 (53% lower) than the same period in the prior year.

For the three months ended March 31, 2005, Bentley Commerce's revenues were $103,628, an increase of 599.2% as compared to $17,293 for the three months ended March 31, 2004. The increase was due to an increase in trade volume among its affiliated exchanges that resulted in the Company earning more fees during this period, as well as obtaining and utilizing earned trade dollars to offset expenses that would otherwise be paid in cash.

Operating expenses for the three months ended March 31, 2005, were $703,315, a decrease of 69.6% as compared to $2,316,383 for the three months ended March 31, 2004. This decrease was primarily attributed to consolidating and centralizing the Company's operations at one facility, enabling the company to provide a higher level of customer service while significantly reducing operational costs.

The increase in revenue and the decrease in operating expenses resulted in a 73.9% decrease in the loss from operations that was $599,687 for the three months ended March 31, 2005, compared to $2,299,090 for the three months ended March 31, 2004.

For the nine months ended March 31, 2005, revenues were $379,744 compared to $17,293 for the nine months ended March 31, 2004, a 2195.9% gain. Operating expenses for the nine months ended March 31, 2005, were $1,978,442, down 42.7% compared to $3,452,200 for the nine months ended March 31, 2004. Loss from operations for the nine months ended March 31, 2005, was $1,598,698 a 53.4% decrease compared to $3,434,907 for the nine months ended March 31, 2004.

"Earning revenue in fiscal 2004 in a company that in prior years had none, is one of the key milestones we attained," said Bruce Kamm, Bentley Commerce's CEO. "Being able to do this while substantially decreasing operating expenses is indicative of our management's focus. Couple this with about $500 million in product and service offers in our Internet-based global trade marketplace, and we anticipate a very promising future for Bentley Commerce."

About Bentley Commerce Corporation:

Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.

Forward-Looking Statements:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.

Contact:

Bentley Commerce Corporation
Bruce Kamm
941-870-4952
[email protected]
http://www.bentleycommerce.com
http://www.bentley.vbarter.com

 
Title: Re: BLYC
Post by: Ramsburg on June 24, 2005, 03:46:47 PM

I like their business concept, but I must confess that I have no clue about the fundamentals behind this move, perhaps some up-coming news ?
It doesn't mater anyway ;)  This chart is so powerfull, If I just saw it during the weekend, and I didn't have any BLYC, I would be buying Monday for sure...

It's an Hold !
Title: Re: BLYC
Post by: eliteG on June 24, 2005, 03:53:52 PM
sorry guys I was out...had to take my lil bro to doctors appointment(nothin serious) and then we decided to see Star Wars for the 3rd time.  Looks like some good stuff happened...hmm let me catch up  ;D
Title: Re: BLYC
Post by: basanlas on June 24, 2005, 09:43:26 PM
would entry on Monday still be a safe play for BLYC and SFTV? You seem to be the Penny Wizard.

Thanks basanlas
Title: Re: BLYC
Post by: eliteG on June 25, 2005, 02:11:01 PM
Its very hard to tell on these pennies basanlas.  They are acting nice but everyone must rememeber that these stocks are at such a low price for a reason.

So what I would say is stay out since you did not get the prime entry(there will be tons of these guys).  But do it with the goal of research in mind.  Pretend you did buy the stock at the end of day Friday and test when you would sell.  This does not get you the experience of the emotions involved(or the execution issues) but maybe you could make yourself some rules out of it.

Thanks for the penny wizard title...I always wanted to be a wizard ;D... trying to work a spell on EMTI  ;) ;)
Title: Re: BLYC
Post by: Ramsburg on June 27, 2005, 03:31:20 PM

That's another penny where I have to increase a bit my position... It's a winning trade, huge volume, nice project, and a lot of momentum...
Taking also in consideration the «scientific experience» on the 1M board, I shall buy some more till the close.

Title: Re: BLYC
Post by: Ramsburg on June 28, 2005, 09:57:56 AM

Great start today ;)

This stock is not even a penny yet (<$0.01)  ;D... and taking in consideration David's analysis, I think it should at least worth a few cents...

I hate to do this, and I'm a bit over exposed on pennies, but I have to buy more ;).... Well this is not a penny, so it's ok hehehehe.

good trades !
Title: Re: BLYC
Post by: AussieTrader on June 28, 2005, 10:11:30 AM
LOL you're getting drunk on penny fumes.....me too :D
Title: Re: BLYC
Post by: marketraider on June 28, 2005, 11:16:00 AM
Love to see it take out the HOD (.0067); .0058 seems to be a new base.  If the volume continues I belive we should be north of .01 soon.
Title: Re: BLYC
Post by: Ramsburg on June 28, 2005, 11:22:28 AM

I think a lot of people are taking their «bag» out today, thats why the 0.0064 is a little resistance level...

Well, I don't know about you guys, but 1 bag its just not enough to me right now ;) And like I said, this is not a penny stock yet ;D

best regards,
Title: Re: BLYC
Post by: andyman on June 28, 2005, 11:24:40 AM
Hi eliteG


somehow I have also to go to the doc. My hands are paining so much.

(maybe, I should just stop applauding?  ::) )

andyman
Title: Re: BLYC
Post by: marketraider on June 28, 2005, 11:54:29 AM
MMs loading up at .0058; 1.6 M shares were just dumped at the BID and the BID didn't budge...these guys are getting ready for the next leg up. I love it$$$
Title: Re: BLYC
Post by: higherstocks on June 28, 2005, 02:03:52 PM
See ya at .02 boys this stock is flying.
Title: Re: BLYC
Post by: eliteG on June 28, 2005, 03:01:10 PM
so this one was an allright pick then?...LOL Friday was special SFTV and BLYC.. I wonder what this Friday will bring.   ;)
Title: Re: BLYC
Post by: setravis on June 28, 2005, 03:13:54 PM
I don't know what this Friday will bring!
But you better be busy with putting that wizard spell on it. I'm waiting. ;D
Great work on these G...... ;)
Applaud... ;)
Title: Re: BLYC
Post by: cumulina on June 28, 2005, 03:14:50 PM
It was O.K.  ;)

You'll probably also reach 100 by the end of the day, eliteG!

I'm talking about your well erned rating... ;D

Cheers!
Title: Re: BLYC
Post by: Ramsburg on June 28, 2005, 03:22:55 PM

This drops near the end are just cool... Some people taking out their second bag (for others the fourth ;)) and giving opportunity to others to get a better price... it's the nature of the market, right here in real time  >:D... I guess is really difficult to believe on a money multiplier like this one... hehehe... But we must believe it  >:D

The good thing about this stock: It's not a penny yet...  ;) ;)

This is an epic move !

Title: Re: BLYC
Post by: catrader on June 28, 2005, 03:29:18 PM
so if david r. thought ths can be 30-40 bagger, it can go to 0.06?
Title: Re: BLYC
Post by: setravis on June 28, 2005, 08:40:50 PM
Quote from: eliteG on June 28, 2005, 03:01:10 PM
so this one was an allright pick then?...LOL Friday was special SFTV and BLYC.. I wonder what this Friday will bring. ;)


Quote from: setravis on June 28, 2005, 03:13:54 PM
I don't know what this Friday will bring!
But you better be busy with putting that wizard spell on it. I'm waiting. ;D
Great work on these G...... ;)
Applaud... ;)

Unbelievable!! Hey eliteG,KEEP UP THE GREAT WORK. WIZARD. ;D
I going to let you in on a little secret.I have come up with my new trading strategy.
"You Pick"....."I Buy" ....nothing to it.....LOL :D   





Title: Re: BLYC
Post by: eliteG on June 28, 2005, 10:27:10 PM
lol...thx for that setravis... again way to trade it bro  ;)
Title: Re: BLYC
Post by: setravis on July 02, 2005, 08:36:59 PM
This penny has my interest up again! ::)
Title: Re: BLYC
Post by: OhadOnFire on July 06, 2005, 10:11:26 AM
What happened to this beauty today?
More than 10% down?
Title: Re: BLYC
Post by: setravis on August 01, 2005, 05:18:38 PM
Anyone still holding this pup?
May be back in play! 8)
Title: Re: BLYC
Post by: atalltexan on August 01, 2005, 05:49:03 PM
Still watching it SETRAVIS, but no money in it yet.  Saw the move today, which was similar to that of a week or two back.  No follow thru on the past one.  We'll see what happens with today's move, before I reinvest.
Title: Re: BLYC
Post by: ELR on August 01, 2005, 07:00:55 PM
I'm still in !  all the way from ,0072 ???  what was I thinkin' ? :'(  Oh well, i'm only down 60% now ! 
elr
Title: Re: BLYC
Post by: atalltexan on August 01, 2005, 09:07:50 PM
Quote from: ELR on August 01, 2005, 07:00:55 PM
I'm still in !  all the way from ,0072 ???  what was I thinkin' ? :'(  Oh well, i'm only down 60% now ! 
elr

I fell your pain ELR.  Have done that ride as well.
Title: Re: BLYC
Post by: andyman on August 02, 2005, 11:35:49 AM
well, good to see some life in BLYC again.

I sold half at .008 and expected a extention for the rest. But instead it fall back.
I expect a bounce from the 50MA, so i can finish the rest.
Title: Re: BLYC
Post by: gmarc66 on February 06, 2006, 12:52:49 AM
This stock finally had some movement...buying volume came in and i noticed it right away...when i finally decided to try to get some at .0004, it had upticked...closed at .0006.

Just thought i would let u know...not sure why its moving...no news...maybe something is up...or maybe it just feels like stretching its legs after a long rest :D

maybe keep it on radar in case it starts getting overly excited, maybe good for a quick trade.

glta

julia
Title: Re: BLYC
Post by: twodachsie on February 28, 2006, 11:51:44 AM
Some big movement this morning ... up to .0008 from .0003. No news.   ???   Don't know what's up. Still holding from June 2005.  :-\
Title: Re: BLYC
Post by: guitarman on September 07, 2006, 01:41:16 PM
Hey All
Just a heads up.
These guys have settled their internal lawsuit and are moving forward.
So is the stock! >:D
Best
GMan