posted by midasinvz on Oct 29, 09 02:28PM on KRY OT Board
"I traded in and out of this awhile ago and never got back in (luckily). Why has the sp taken such a big hit? I found no evidence on the BEHL board of really negative news??"
Hey Midas,
BEHL sp is now back to late July levels. OUCH! Anyway, a few weeks before that, there was a pop from the sub-penny into the two-cent level. Green was the theme at the time, and along with the PR's about expansions and contracts and anticipated move to OTCBB, it was sort of a "perfect storm" for BEHL. After the big pop, the PR's seemed to give less and less added value pop to the share price.
Reason is speculative - Only big thing left is the move to OTCBB. However, the anticipated move to OTCBB may be taking longer than spec players would like. With the way the current Market is (so volatile), there are plenty of other short-term money-making plays out there. Because the move to OTCBB may be taking way too long, the pop from that news may end up being more like sizzle.
Fundies seem to have not changed, and Company Management has been good about keeping shareholders updated on a weekly basis (recently on Mondays). Exxon has a commercial about using algae for fuel and I always think about a buyout of BEHL by XOM. Now, that would make for a pop.