3SOF

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  ), 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:

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.