Like the old adage says what goes up must come down, and it certainly held true for BBDA. The stock hit fresh highs since I alerted it to my subscribers recently at $.0004. BBDA topped out at $.0039 an almost 1,000% call on my end, and then proceeded to plummet as sellers took hold of the stock.
That "MAJOR" news release a distance memory as the stock struggled to stay above $.001 later on in the session. Just a shocking reversal and the reason why you lock in profits as the stock goes up, especially in the penny stock market.
Over $1 million in money flow again and I don't think we've seen the last of BBDA. Today's action certainly killed the momentum the stock was seeing but tomorrow it could an entirely different day.
Todays news release
STATESVILLE, N.C., June 28, 2012 /PRNewswire via COMTEX/ -- Bebida Beverage Company (OTC markets: