pizzaboy, from the chart we can see BMK is in oversold territory and is currently trading right around the support of it's 100MA of $.45 However I also see a gap on the chart around the $.35 mark from around Oct 15th 2007. It wouldn't suprise me to see a flush down to cover this gap.
I will only play this stock on quick flips, doing the daytrade thing, even though I know the stock is shortly going to bounce and bounce hard to the upside. I refuse to hold this stock on the long side, I just don't trust management after what they did to their shareholders on their last PP. If they didn't care about me as a shareholder back then, why would they now? Many companies care about their shareholders, it is obvious to me, this is not one of them.
Be very careful buying this stock, yes there is news coming soon from the assay front. What if they miss?
From the past EM surveys taking a position in FWR or FNC makes much more sense to me than BMK. I just have NO faith whatsoever in the management of BMK.
Al
http://stockcharts.com/h-sc/ui?s=BMK...