BSLM.ob Wants To Break Out
BSLM.ob has been flirting with a breakout over the past week or so. I have no explanation for the stock's behavior, but I'll be watching closely on Friday because the share price is so low, and volume has been so darn volatile.This one is a major shot in the dark, but I think I smell something brewing.Then again, maybe its just the byproduct from their B100 mixture.
The concept here is great, we've just never seen it brought to fruition: Crude oil adds $1.27 to the cost of a gallon of petroleum diesel, for Soy Oil it is $1.42 and Yellow grease it is $1.09, Brown grease adds zero cost."
The company has stated their ability to produce a gallon of B100 for $1.56 while competitors pay upwards of $1.46 just for the cost of feedstock and come to market with B100 at roughly $3.00 a gallon. Maybe an announcement is coming. With more than a million shares traded today and the stock priced so low, the gambler in me is enticed to watch this one on Friday. Since you can pick up nearly 8 shares for a penny, this one could be worth the risk.
Labels: B100, Bio Solutions Manufacturing Inc. (OTCBB: BSLM), BSLM.ob
posted by "Staff" at
10:35 PM
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