Penny Gas Stock on the Move – BDGR
Posted on October 19, 2009 by Penny Stocks Picker
BDGR engages in the acquisition, production, development, and sale of natural gas and oil within the United States. This penny gas stock was placed on our watch list when it first started to move off it’s base on 5/20/09 at a price of .0045. On 10/15/09 we placed BDGR again on our watch list at a price of .0288. If you been following my posts, I notified you on 6/30/09 and 7/5/09 that I believe Natural Gas was the next bargain investment because it was my opinion it was just to cheap. When it comes to investing I look for sectors or commodities that have been beaten down.
BDGR @ .052 (This is the third trading day in a row that the volume continues to breakout beyond the previous days trading volume. Each of the last 3 days the price has gaped up (break away gap run) but has come back during the day to test and fill those gaps the last two days (the first gap up from about .02 still has not been filled). Sure it’s getting a bit scary now but with all the interest (news releases, chatter, stock alerts….) there is no telling where Black Dragon Resource Companies, Inc. is headed. This could be the beginning of a huge run (it was at about $2.00 just about 3.5 years ago).)
Please make sure to do your research (Investors Hub Bulletin Board iBox has plenty of information to start with.)
Please refer to our disclaimer which can be found in the category archives.
Tags: penny gas stock, penny oil stock, stock on the move
Filed Under: Picks N Tips
Ya learn somehting new everyday. It’s true I guess!
If I commnuiacted I could thank you enough for this, I’d be lying.
when do you think behl and evfl are going to start going up in price?
Wow, thank you for bringing BEHL back to my attention.
I first called BEHL back in March and Again on April 8th at .0008 before the run up to .155
(~19,000% GAIN!) now it’s back at .0185 and doesn’t look good to me.
I suggest your read up on “Anatomy of a Pump and Dump” (I may write an article about that soon).
I’m not sure when you got in but there were many key support levels to signal an exit.
To answer your question, the odds are that BEHL is going lower since it broke
another key support level (.02).
For EVFL: It’s a lotto play…no possible way for me to know when it’s going up (if it ever will).
Dude! Keep up the good work. Your suggestions and advice is awesome!
I really like how you explain stuff which helps me trade smarter.
Thank you
You timing was very bad with this stock. Your site look is nice but dont have any good picks my friend
Are you kidding me? Did you not read the post? I called this when it was .0045 and on 10/15/09 reposted it when it was .0288 before the run to .054.
I mentioned it was getting very scary at this point. Today’s move was a much needed healthy pullback allowing you a new opportunity.
I have mentioned many times in my posts to not chase a stock up but rather wait for a pullback to near a support level.
I wish this pulled back to .02 and filled the gap. However, This was still a great stock to trade today.
This site deals with trading stocks not investing, if your looking for long term investing in penny stocks then your at the wrong place.
Many of the stocks to watch do not go straight up the next day, they have momentum with high volatility (that’s what I look for and what brings in quick returns if your timing is correct).
It’s all about timing my friend. Almost every stock to watch posted on this site was a day traders dream (not always the next day).
Please refer to the Introduction article (where this is all explained!!) and educational articles in the category archives for details and read the instructions before you try to put the bicycle togther.