Two Cents Short of a Double on Bergamo Acquisition Corp. (BGMO.PK)
Posted Sunday, January 10th, 2010 8:04 AM in DailyRead, Recap by InvestorsLive

We made a ton of money on this one Friday very awesome play, 2 entry points and closed at HODs with a good chance of gapping through .35 come Monday. I like this play in particular because of a few things.

a) Reaper has been on a tear lately and playing these things long and over night (vs. his normal short bias) which I told him 3 or 4 months ago when he had mediocre success playing these OTCBB pumps that I was going to change that and it’d turn into a pretty damn good strategy for him. Well I must say…  and I’m not taking credit by any means but just review his recent plays and over nights, it’s been doing extremely well and starting to use the “gap method” which helps give you a padding right outta the gate

b) Second reason I like this one is while Tim was doing livestock all his idiotic peeps (90% are normal don’t get me wrong – I met a bunch of them in Vegas that actual are mature enough to WANT to learn rather than hate) the rest are immature idiots that will just never make it, hopeless and fully fit the “degenerate” description he so often calls them. Meanwhile as they were busy picking me apart for not being on covestor I gave the following alert … covestor that fooooooooools

c) Third reason is because I and any member in my chat that was paying attention either bought this and made money on the first move and/or played it like Reaper did and pedro_go did for the end of day push (see chat logs below)

http://i46.tinypic.com/206isyq.png

http://i47.tinypic.com/29vkmy8.jpg

[Jan 8, 2010 9:55:58 AM PST] InvestorsLive BGMO eye on this former pump

[Jan 8, 2010 9:57:12 AM PST] InvestorsLive .18 x .19 thinking swing here on BGMO

[Jan 8, 2010 10:08:48 AM PST] InvestorsLive ADLS HODs CERP ADLS ALKN MNAP BGMO NNVC SIAF on scans

[Jan 8, 2010 10:09:56 AM PST] rb101 Thanks IL

[Jan 8, 2010 10:10:08 AM PST] domino yes thx

[Jan 8, 2010 10:18:06 AM PST] chillax BGMO .20

http://i49.tinypic.com/2praedx.png

[Jan 8, 2010 10:20:48 AM PST] InvestorsLive BGMO .23 offer

[Jan 8, 2010 10:20:53 AM PST] InvestorsLive bet it comes back down

[Jan 8, 2010 10:20:58 AM PST] InvestorsLive .19 x .23 nice entry os far

[Jan 8, 2010 10:25:30 AM PST] InvestorsLive BGMO better

[Jan 8, 2010 10:25:35 AM PST] InvestorsLive .22 x .24

[Jan 8, 2010 10:45:57 AM PST] InvestorsLive ADLS WNBD BGMO AENY CERP EHSI hitting scans

[Jan 8, 2010 10:52:37 AM PST] InvestorsLive BGMO .23 x .24

[Jan 8, 2010 10:54:03 AM PST] BearNine BGMO = “launchpad pattern”

[Jan 8, 2010 10:54:46 AM PST] InvestorsLive bingooooooooo

[Jan 8, 2010 10:54:47 AM PST] InvestorsLive .25s up

[Jan 8, 2010 10:54:49 AM PST] InvestorsLive :)

[Jan 8, 2010 10:56:24 AM PST] rb101 missed that one-nice guys on BGMO -all green

[Jan 8, 2010 11:00:07 AM PST] InvestorsLive BGMO weeeeeeee

[Jan 8, 2010 11:00:11 AM PST] InvestorsLive .27s up

[Jan 8, 2010 11:01:07 AM PST] Fugu BGMO nice call IL

[Jan 8, 2010 11:01:33 AM PST] jonnyslots yes IL BGMO amaazing

[Jan 8, 2010 11:01:59 AM PST] InvestorsLive .28s up

[Jan 8, 2010 11:02:14 AM PST] ninja12 nice call on BGMO IL

[Jan 8, 2010 11:06:58 AM PST] InvestorsLive BGMO OH MAN

[Jan 8, 2010 11:07:33 AM PST] Laura nice one IL!

[Jan 8, 2010 11:12:20 AM PST] InvestorsLive unloaded 1/2 my BGMO

[Jan 8, 2010 11:12:23 AM PST] InvestorsLive didn’t get all the fills

[Jan 8, 2010 11:12:28 AM PST] InvestorsLive .299 hah I stopped it.. woops

[Jan 8, 2010 11:12:53 AM PST] pedro_go BGMO might pull back and run EOD for weekend promo

[Jan 8, 2010 11:13:07 AM PST] jonnyslots just sodl 30000 BGMOs

[Jan 8, 2010 11:13:14 AM PST] jonnyslots sold

[Jan 8, 2010 11:24:25 AM PST] pedro_go IL u like BGNO at these levels for another ride

[Jan 8, 2010 11:24:29 AM PST] pedro_go BGMO

[Jan 8, 2010 11:24:52 AM PST] InvestorsLive dunno yet

[Jan 8, 2010 11:24:57 AM PST] InvestorsLive i sold those + 10 more at 298

[Jan 8, 2010 11:24:59 AM PST] InvestorsLive ill prob re buy 15

[Jan 8, 2010 12:13:23 PM PST] pedro_go I am trying to buy BGMO at the bid, not filling though

[Jan 8, 2010 12:15:42 PM PST] InvestorsLive BGMO .28s up

[Jan 8, 2010 12:47:27 PM PST] InvestorsLive bid up BGMO

[Jan 8, 2010 12:51:48 PM PST] InvestorsLive BGMO !

[Jan 8, 2010 12:51:55 PM PST] InvestorsLive .30s up BGMO weeeeeeeeee

[Jan 8, 2010 12:51:58 PM PST] Muddy bang BGMO

[Jan 8, 2010 12:52:04 PM PST] domino bang

[Jan 8, 2010 12:52:09 PM PST] Muddy BIG MOOOOOOOOOOOOOO

[Jan 8, 2010 12:52:24 PM PST] InvestorsLive what a %%%%% Friday close

[Jan 8, 2010 12:52:30 PM PST] domino its a thing of beauty

[Jan 8, 2010 12:52:38 PM PST] domino .31

[Jan 8, 2010 12:54:30 PM PST] mindstatements BGMO hit .32

[Jan 8, 2010 12:55:20 PM PST] InvestorsLive BGMO .32

[Jan 8, 2010 12:55:26 PM PST] InvestorsLive whats a double .36?

[Jan 8, 2010 12:55:33 PM PST] InvestorsLive hehe





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Comments

One Response to “Two Cents Short of a Double on Bergamo Acquisition Corp. (BGMO.PK)”

  1. Reaper Says:

    Here’s my trade recap on buying BGMO (and other trades) on Friday: http://www.reapertrades.com/2010/01/trade-recap-for-red-friday-let-the-dumps-commence/

    I would’ve bought ALKN to gap from Thursday to Friday but I was just a bit slow. Last week I was +$933 with an average profit margin of 6.5% on these gap plays (and BGMO I’m up $400 on the 7k shares I’m still holding).

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