Wednesday, August 19, 2009

BBDA - In Breakout Mode


Last week we alerted readers about the possibility of BBDA breaking out. At that time volume was light and the price was trading in a narrow range.

http://pennystockgurus.blogspot.com/2009/08/bbda-thirsting-for-move.html

Today the volume and price action we were looking for finally came to the plate. Over 1.6 billion shares traded hands and the stock soared 100% at one point before closing up 75%. Our $.001 target is within grasp and that could be taken down before the open tomorrow.

The question going forward will be how high will BBDA go? Tomorrow should provide some clues.

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