For the second time this year, the penny stock of Baristas Coffee Company Inc. (BCCI) has exploded again thanks to be listed as one of the “Most Explosive Companies” by Forbes magazine this month. Shares of BCCI stock had a run almost a month ago after being called the “Under the Radar” pick of the week on Bloomberg and CNBC XM radio. The chicks are hot, the coffee is hot, so it’s only fitting that the IR workings of getting their name thrown around in the right place has made their shares hot – AGAIN!
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BCCI Stock Quote
Market Cap: 41.79M
Last: 0.1525 ▲ +0.0395 (+34.96%)
Dollar Volume: $4,617,695
Issued and Outstanding: 274,052,237
14-Day Rel Strength: 73.17%
1st Resistance Point: 0.1723
1st Support Level: 0.1188
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The good news about today’s massive breakout was that, thanks to Baristas Coffee Company, traders had a chance to finally forget about marijuana stocks since, like the 2009-2010 hype on OTC listed oil stocks, the fizzle has finally come. The bad news is, the Forbes listing was hyped up 3 weeks ago and BCCI stock still hasn’t been able to break past 0.20.
BCCI stock couldn’t even break past 0.16 today despite Money Runners calling it their next pick and predicting the shares to run as high as 0.50. We tried to get a look at the 2013 annual report for Baristas Coffee Company to see if we could conquer with that bold prediction, but unfortunately, the link on OTCMarkets takes you to the 3 months ended March 31, 2013 which is as useful having a coupon to buy 2 shares of PHOT stock for 0.25 each.
There is no question at all about whether or not Barry Henthorn, CEO of Baristas Coffee Company put together a solid business model which, other than the sexism and minuscule sales for the 9 months ended September 30, 2013, the efforts to get BCCI looked at as solidly as Starbucks Corporation (SBUX) surely is bringing it attention. Think these lavishly clad baristas are just sexy? Check out the BCCI girls if you haven’t had a chance to swing in for a cup of joe:
It would have been nice to have seen Baristas Coffee Company PR their annual results instead of just gallivanting around the circuit to promote their franchise opportunities. As is the case, it was a refreshing end to an abysmal week for most momentum traders to see at least one of the most traded OTC stock this week end green.
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:
With today’s uber-strong performance by BCCI, having it on the list of penny stocks to watch during “Tax Week” would be a wise choice. Getting shares under 0.10 or lower when the dip comes would be a better play than to chase after 0.16. Since today was an extremely slow day of trading, those 0.15’s might look like 0.10’s if those who got bagged with PHOT stock don’t jump off any buildings this weekend and look towards BCCI stock for a quick recovery option.
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