Put a *Piranha* in your step (BBDA)
February 05, 2009
– Comments (8)
For just amusement / joke I spent a whopping $64 purchasing a no profit, no sales, no earnings development stage beverage company...BBDA.PK (Bebida Beverage).
I bought in at .0002.
Why? Well.. Cause I don't think short of a company saying "Ok...I Quit!" that a share price trades below .0001. I think .0001 is essentially next to absolute VOID or Bankruptcy...or "Ok...I QUIT!"
Given Bebida's intent to exist through March at least (I base this pure assumption off of their contest deadline which is end of March), hopefully through 2009 and 2010...etc. I figure I can pull out anytime I wanted, and losing $64 was worth the pleasure of supporting someone that is supporting Mixed Martial Arts (MMA).
You do something positive for MMA then I'll scratch your back with a small investment stake.
I had me a stock pushing out press releases and doing some things I found amusing... Like sponsoring Dan "The Outlaw" Hardy. I essentially have paid $64 for a Video Game....Or a Movie...You know..I get to track the drama...
So what's the harm? I can easily spend $64 at a Bookstore buying a few Book's on Computer Programming. I can spend that money in 1 week on FOOD alone. Or I can throw it at BBDA and see what happens.
Well what is happening with BBDA? You might want to take a look... You might want a "Piranha" in your step afterall.