The timing for the penny stock of Baristas Coffee Company, Inc. (BCCI) to explode like it did this week could have easily been predicted by anyone who relies solely on chart patterns repeating themselves. Starting the week off stuck in the .02 range, where they had been hovering for roughly 4 months, BCCI stock was featured in the “Under the Radar” pick of the week on Bloomberg and CNBC XM radio. The plug not only allowed for a chance to get the 800 lb gorilla of their back, but, just like they did exactly one year ago this week, they spanked that monkey so hard that the deja vu run was as well received as a coffee served with a side order of cleavage.
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BCCI Stock Quote
Market Cap: 24.94M
Last: 0.137 ▲ +0.046 (+50.55%)
Dollar Volume: $3,584,830
New 52 Wk High: 0.1495
Issued and Outstanding: 274,052,237
14-Day Rel Strength: 92.35%
1st Resistance Point: 0.1617
1st Support Level: 0.1002
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Baristas Coffee Company’s BCCI stock has for over 2 years now been a penny stock that pops and when it does, it isn’t for a few hours or a minuscule percentage gain. The radio plugging of BCCI to the 23,605,340 subscribers of SiriusXM Bloomberg and CNBC radio was more explosive than the Company’s announcement one year ago Thursday, March 6, 2013, to uplist to the Nasdaq Capital Market having been approved BAPI as a ticker symbol.
The run of BCCI stock this week was almost identical to that of a year ago after Barry Henthorn, CEO of Baristas Coffee Company, stated; “This is an important step in the process of BCCI moving from the OTC to the NASDAQ Capital Market.” Baristas was due to continue to trade under the symbol OTCPK:BCCI throughout the application process and comment periods until such time as it completes its up listing and begins to trade on the NASDAQ Capital Markets at which time it will trade under the newly reserved symbol NASDAQ:BAPI.
A simple search of the SEC’s EDGAR database still shows nothing under the name “Baristas” but maybe that’s just a computer glitch since these damn computers are so unreliable. Their financial filings over at OTCMarkets are still relatively current (the last Q being for the period ended September 30, 2013) and has Baristas on track to break $1,000,000 in revenues from their 10 locations (that’s about $100,000 a store).
The whole crew here at AimHighProfits took Friday off to go on a a road trip to visit Central Florida and have our first Baristas Coffee Company’s drive-thru, sexy served coffee experience. Having finally located on the GPS and popped into their location just outside of Tampa, FL, the origin of sexy served chicken wings, let’s just say the gimmick in the lowest section of the bible belt needs just one thing to make it a success – relocate it to a place where it can be appreciated.
Firstly, if BCCI stock is going to continue to make runs like this while listed on the Pinksheets, then loading the boat at the end of February, 2015 seems to be the smart way to play the ticker. Secondly, if Baristas really wants to make the financial impact on it’s top-line numbers, then the old rule of retail, location-location-location, is a must for the extremely attractive business model.
One, just one, Baristas Coffee Company location anywhere on Miami’s South Beach or the South Florida area will outperform all 10 of the current facilities within 2 months. The Miami, Fort Lauderdale, and the Palm Beaches is the home of sexiness and if you’re gonna be a successful beverage company selling on sexiness and not just pumping your BCCI stock with PR plugs, then a reevaluation of what you have needs to be attended to there Barry.
About BCCI Stock
Baristas Coffee Company, Inc. is a development stage beverage company operating a chain of specialty drive through beverage retail locations, with attractive female models as servers, providing their customers the ability to drive up and order their choice of a custom-blended espresso drink, freshly brewed coffee, or other beverages.
Last 5 Trading Sessions:
As long as BCCI keeps pretending they are going to uplist to the NASDAQ with the logo on the investor portion of their website, penny stock traders are going to keep believing in the rainbows. The déjà vu run of BCCI stock from almost exactly one year ago tells you something: the run was here and now the dip is coming. take those profits and reload on the dip before marking your calendars for February, 2015 to begin loading up again.
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