BRVO.OB

[don]

I thank you. Don.

[don]

Thank you! very useful info. One postscript question: some one somewhere said, the t/a show that this stock (BRVO) is going to 60cents.
Based on this limited info., would you know what kind of a chart would provide guidance like that? tia,  Don.

[Melf Elf]

When stocks go parabolic (a rally straight up, without any consolidating or pattern building), it's anybody's guess how far it will go, or how the rally will end. 

How much rally is "too much" for a stock over a 2½ month period?  Well, for BRVO, it wasn't "too much" until it rallied 955% over that period of time.  You definitely don't won't to short stocks that go parabolic. You can get killed in a short squeeze.

Often, stocks that go parabolic like BRVO did experience what's called a "parabolic return."  The stock returns to the price area at which it went parabolic.  In the case of BRVO, that's down around $0.13.

Is there anyway that we can know whether or not BRVO is going to experience a parabolic return to $0.13?  No.  We can't KNOW that.  But, we can look for chart patterns to emerge at the end of the parabolic, measure them, and see if a parabolic return is IN PLAY, meaning "the price that the chart pattern measurement is suggesting."

Here's what the recent Bear Flag pattern suggests.  That doesn't mean that it's going to happen.  It's just what's IN PLAY now, until we see more chart data that might suggest something different.

[fill_the_gap]

Melf,

Great explanation and chart.

Nice Work.  Applaud.

[Melf Elf]

Melf,

Great explanation and chart.

Nice Work.  Applaud.

I appreciate that.  And, you cancelled out one of the smites my post drew. 

I hesitated to make that post, given the popularity of this stock, but smites don't bother me.  If we don't try to give our best read on stocks, be that technical, fundamental, or both, 3 SOF will become the usual  touting, cheerleading, "tell you what you want to hear" internet forum, rather than the quality forum that it is.

BRVO still is walking up the broken flag, finding resistance at the lower rail.  It needs to get back inside the flag to turn from short-term bearish to neutral.

[basanlas]

Melf Elf,

Great chart , great comments, great help, great community!!

Applaud!!!

[slomo007]

DJ Coca-Cola Reports 52.23% Stake In Bravo Foods Intl BRVO  Dow Jones

17:25 ET   

DJ Coca-Cola Reports 52.23% Stake In Bravo Foods Intl ?

25 Jul 17:25

  WASHINGTON (Dow Jones)--Coca-Cola Enterprises Inc. (CCE) on Monday reported
in a regulatory filing that it holds a 52.23% stake in Bravo! Foods
International Corp. (BRVO) through its purchase of stock options from Bravo!'s
shareholders.

  On June 13, the Atlanta-based soft-drink company purchased the options to buy
about 68.99 million common shares or common stock equivalents in the form of
convertible securities and warrants from nine shareholders of Bravo!, according
to a Schedule 13D filed Monday with the Securities and Exchange Commission.

  Coca-Cola Enterprises said the purchase is intended to be a first step in
acquiring slightly more than 50% of Bravo!'s common equity on a fully diluted
basis.

  Coca-Cola said it is currently in negotiations over a definitive acquisition
agreement to buy all of the remaining equity securities of Bravo!.

  Under the definitive acquisition agreement, Coca-Cola or its assignee would
be given the right, after Dec. 31, 2006, to effect a merger, and the remaining
shares of Bravo! would be converted into the right to receive cash, the filing
said.

  As part of the transaction, Coca-Cola is also negotiating with the management
of Bravo! for master distribution rights for Bravo!'s products, and for the
purchase of common stock directly from Bravo!, the filing said.

  The filing said the distribution agreement, the definitive acquisition
agreement and the merger agreement are being negotiated, and there is no
assurance that agreement will be reached.

  Bravo! Foods produce and distributes branded, shelf-stable, flavored milk
products including Slammers Ultimate Milk and cross-promotional brands with
companies such as Masterfoods and Marvel Comics.

  Shares of Bravo! closed Monday at 88 cents each.

  -By Denise Jia, Dow Jones Newswires; 202-862-1359; [email protected]

  (END) Dow Jones Newswires
07-25-05 1725ET
  Copyright (c) 2005 Dow Jones & Company, Inc.

What's strange is that it doesn't mention a purchase price.  Anyone have any idea how the market will react to this news from yesterday evening?

[slomo007]

Early hours bid up to .93.....could be a great day for BRVO.   

[metro]

Melf Elf - you have a fine chart but no break of bear flag - there may be a bear flag forming now but not a very defined one. A bear flag happens in a downtrending stock and the "flag" soes up oftern in about a 45 degree angle but can of different degrees- anyway your chart has the last 3 candles that may be making a bear flag of sorts but I think not

[Melf Elf]

Yes, Metro, I should have said Bear Channel.

[eagerlearner]

UK news out. 

Bravo! Brands (UK) Ltd. Ships to J Sainsbury
PR Newswire - July 27, 2005 08:47

July 27, 2005 /PRNewswire via COMTEX/ --

       - Slammers(R) Now Available in More Than 200 Sainsbury Stores -

NORTH PALM BEACH, Fla., July 27 /PRNewswire-FirstCall/ Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavoured milks, announced today that Bravo! Brands (UK) Ltd, its wholly-owned United Kingdom subsidiary, has successfully launched its flavoured milk line in the United Kingdom with the shipment of three flavours of its popular Slammers(R) milk drinks to J Sainsbury, a leading UK retailer.

Drinks Brokers Ltd, Bravo's exclusive sales agent in the United Kingdom, has been retained to launch an all-out, heroic attack on the UK's flavoured milk sector with a great-tasting range of low-fat Slammers(R). Major UK retailer J Sainsbury has started the roll out Slammers(R) in 220 of its stores this month.

Bravo!'s innovative Slammers(R) in the UK comprise three delicious flavoured milk drinks fortified with vitamins. Slammers(R) are now available in Amazing Chocolate, Cosmic Strawberry and Xtreme Banana varieties. Packaged in 250ml Prisma packs that are perfect for school lunchboxes, Slammers(R) are healthy UHT vitamin-enriched low-fat flavoured milk drinks that have a nine- month shelf life and can be sold from the chiller or as an ambient product off the shelf. Retailers in the UK are offering Slammers(R) at around 59p.

"Slammers' international brand strategy is being well executed and has received positive feedback from retailers throughout the region. We are certainly encouraged with the acceptance of Slammers in the UK market and have worked hard in meeting local needs for a nutritious, great tasting flavored milk with our international brand," said Ibrahim Ashemimry, Chief Operating Officer, Bravo Brands International.

Slammers(R) already are established as an award-winning brand in the US, where the drinks are produced by Florida-based Bravo! Foods International Corp. The company has secured licensing rights from Marvel Enterprises(R) to package its products with its world-famous characters and has appointed Drinks Brokers Ltd to handle UK sales and marketing of Slammers(R).

"With only 1.7g fat per 100ml, Slammers are the natural choice for kids and mums while providing retailers with healthy sales and profit margins," said David Diggens, Director of Drink Brokers. "We really do have a 'marvellous' new product to offer the trade and the support packaging has been well received in the UK marketplace by retailers and consumers alike."

Slammers(R) will benefit from a strong advertising and promotional support campaign throughout the United Kingdom, including a major nationwide sampling programme, eye-catching point-of-sale material and in-store events.

About Sainsbury's Supermarkets

Sainsbury's Supermarkets is Britain's longest standing major food retailing chain. A large Sainsbury's supermarket offers around 30,000 products - 50 percent of which are Sainsbury's own brand including fresh produce. In addition to a wide range of quality food and grocery products, many stores offer delicatessen, meat and fish counters, complementary non-food products such as clothing and homeware, pharmacies, coffee shops, restaurants and petrol stations.

Sainsbury's serves over 14 million customers a week and at the end of the financial year we had 727 stores throughout the UK. For more information, visit: http://www.sainsbury.co.uk .

[snowcat]

JUST FOR THE RECORD:

How good are securities analysts? Most are not very good. Today's New York Times has a piece today:

An Analyst Receives a Time Out From Altera

For the 25 years that Tad LaFountain has been a technology stock analyst on Wall Street, he has often written negatively about the strategies or prospects of the companies he followed. Not once did a company retaliate, he said.

Until now.

Mr. LaFountain, who follows 21 semiconductor companies at Wells Fargo Securities in New York, said yesterday that he was dropping coverage of the Altera Corporation, an industry giant, because its executives had told him they would not take his phone calls, would not let him ask questions on analyst conference calls and would no longer give him the information he needed to analyze its business.

Why the cold shoulder? According to Mr. LaFountain, the company objected to his negative opinion on Altera stock. Before he withdrew his coverage, Mr. LaFountain had a sell rating on Altera shares.

Writing his final report on the company yesterday, Mr. LaFountain said he expected to replace Altera in his list of companies with one "that takes a more appropriate view of the role of independent investment research."

Out of the 21 semiconductor companies Mr. LaFountain follows, he has buy ratings on seven, hold ratings on nine and sell ratings on five....

In dropping coverage on Altera, Mr. LaFountain forecast a price target of $14 for the stock. It closed yesterday at $22.45.



Yup. You got it. The stock is way above his target and lately rising.

[don]

I am double-posting here,Don.  nevertheless:

Bravo! Brands (UK) Ltd. Ships to J Sainsbury

July 27, 2005, 8:47 am ET

Slammers® Now Available in More Than 200 Sainsbury Stores

NORTH PALM BEACH, Fla., July 27 /PRNewswire-FirstCall/ Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavoured milks, announced today that Bravo! Brands (UK) Ltd, its wholly-owned United Kingdom subsidiary, has successfully launched its flavoured milk line in the United Kingdom with the shipment of three flavours of its popular Slammers® milk drinks to J Sainsbury, a leading UK retailer.

Drinks Brokers Ltd, Bravo's exclusive sales agent in the United Kingdom, has been retained to launch an all-out, heroic attack on the UK's flavoured milk sector with a great-tasting range of low-fat Slammers®. Major UK retailer J Sainsbury has started the roll out Slammers® in 220 of its stores this month.

Bravo!'s innovative Slammers® in the UK comprise three delicious flavoured milk drinks fortified with vitamins. Slammers® are now available in Amazing Chocolate, Cosmic Strawberry and Xtreme Banana varieties. Packaged in 250ml Prisma packs that are perfect for school lunchboxes, Slammers® are healthy UHT vitamin-enriched low-fat flavoured milk drinks that have a nine- month shelf life and can be sold from the chiller or as an ambient product off the shelf. Retailers in the UK are offering Slammers® at around 59p.

"Slammers' international brand strategy is being well executed and has received positive feedback from retailers throughout the region. We are certainly encouraged with the acceptance of Slammers in the UK market and have worked hard in meeting local needs for a nutritious, great tasting flavored milk with our international brand," said Ibrahim Ashemimry, Chief Operating Officer, Bravo Brands International.

Slammers® already are established as an award-winning brand in the US, where the drinks are produced by Florida-based Bravo! Foods International Corp. The company has secured licensing rights from Marvel Enterprises® to package its products with its world-famous characters and has appointed Drinks Brokers Ltd to handle UK sales and marketing of Slammers®.

"With only 1.7g fat per 100ml, Slammers are the natural choice for kids and mums while providing retailers with healthy sales and profit margins," said David Diggens, Director of Drink Brokers. "We really do have a 'marvellous' new product to offer the trade and the support packaging has been well received in the UK marketplace by retailers and consumers alike."

Slammers® will benefit from a strong advertising and promotional support campaign throughout the United Kingdom, including a major nationwide sampling programme, eye-catching point-of-sale material and in-store events.

About Sainsbury's Supermarkets

Sainsbury's Supermarkets is Britain's longest standing major food retailing chain. A large Sainsbury's supermarket offers around 30,000 products - 50 percent of which are Sainsbury's own brand including fresh produce. In addition to a wide range of quality food and grocery products, many stores offer delicatessen, meat and fish counters, complementary non-food products such as clothing and homeware, pharmacies, coffee shops, restaurants and petrol stations.

Sainsbury's serves over 14 million customers a week and at the end of the financial year we had 727 stores throughout the UK. For more information, visit: http://www.sainsbury.co.uk.

[don]

duplicating eagerlearner's post; sorry about that, not sure what happened.
Melf Elf, thanks for your post, very instructive for me, a learner. How do I get to see the chart everyone is complimenting you on? It doesn't show on my screen. Again, I am a newby, so patience, please.
On the most recent Coke post, what are the SEC or legal rules? How can Coke say they are negotiating with the company to purchase the remainder of the shares and then merge. I understand that you cannot force a merger unless you hold in excess of 90% of the company. All of the insiders shares, oprtions and convertible debt only adds up to +/- 55% Don.

[Melf Elf]

duplicating eagerlearner's post; sorry about that, not sure what happened.

Once you make your post, in the upper right hand corner, you'll see three buttons that say Quote, Modify and Delete.  If you click on the Delete button, you're duplicate of eagerlearner's post will disappear.  You can go back and do that at any time, if you want to. 

If you read your post and see that you've made a mistake, or that there's something that you want to change, click on the Modify button.  Your post will reappear, you can make the changes, then click on Save at the bottom.  Then your corrected post will appear.

Melf Elf, thanks for your post, very instructive for me, a learner.

You're welcome.  We're all learning.

  How do I get to see the chart everyone is complimenting you on? It doesn't show on my screen.

I have no idea     I posted two charts on this page.  I'll post another one now.  Hopefully, you'll be able to see it.  If you can't see it, I'm going to slap you upside the head, then maybe that will help you to see it.   

Again, I am a newby, so patience, please.

Oh-h-h...well, why didn't you say so?  Okay, then, I won't slap you upside the head.   

Seriously, we're all newbies at some point in time.  Welcome to 3SOF.  There's lots of good stuff here to help you learn.  I wish you the best of luck with all of your trades.

Here's the chart.  Let us know if you can't see, then maybe someone else can figure out why not.