for those interested, page-2

halo...I am hardly in love with BPO (your post of earlier) - I did have a huge position in the oppies a short while back bought at .004 and .005 which I sold at .006 and .007.

I have made some of my biggest gains recently (GSEO and BLTO come to mind) by following the volume in the early stages of it appearing. Both GSE and BLT were going nowhere on low volumes when from out of the blue large buy orders started appearing. By buying in these "early" stages I was able to make huge gains in a short period of time.

As I have already posted Thursday 22nd Feb saw the following purchases:

Heads

10:20:58 - 840,625 at 3.2 - $26,900

10:21:14 - 1,243,375 at 3.2 - $39,788

10 :38:13 - 576,625 at 3.6 - $20,758

12:53:29 - 1,981,896 at 3.6 and 3.7 - $72,340 approx

Oppies

12:54:09 1,881,329 at .005, .006 & .007 - $12,000 approx

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And then on Friday we saw the following:

10:07:17 - 1,000,000 at 3.8 & 3.9 = $38,000 approx

10:40:14 – 500,000 at 3.8 = $19,000

In addition as on Thursday there were many purchases in the 200k – 400k size as well.

There was only one large sale on Friday which was 1mn at 3.7 – 3.5.

Bearing in mind a week ago this stock was below 3c I am surprised by the lack of selling and equally suprised by the amount of buying….

There is an Ann due any day now…

It will not need a big movement in the heads to send the oppies moving to a multiple of the current price.

Sure the SP came back 0.001 on Friday – but this was after a big rise on Friday and if it had not been for a 100k sell order at 3.6 (a measly $3,600) at the close then the BPO would have closed at 3.7 on Friday the same price as Thursday’s close.

From out of nowhere on Thursday and continued into Friday there has been some serious buying in this stock…

There has to be a reason for these purchases in the $30k $70k range – that is a lot of money to risk if BPO is such a dog….The only conclusion has to be that BPO is about to lose its “dog” status.

In which case as per usual I am chasing the leverage offered by the oppies once this rerating occurs..

We can expect an Ann soon – let’s reserve judgement until that arrives – I can see the short term potential for 200% - 300% gains in the oppies.

The alternative is to wait until everything is known and the SP has been rerated and then buy – but that would be no fun as the gains will have been already claimed by others.

Atm I am simply following the money trail – it has served me well in the past.

EB