daytrade diaries... november 17 part 2, page-25

For all the BCC lovers here and by god theres a million of them.

Lee County is just a hole in the ground thats has spudded mud....yep mud. No oil yet. But if it comes in the average of the surrounding wells it will produce approx only 300 barrels per day or produce only 2-3m innet profit for the company only.

With a Market cap of over $40m this company is already richly valued. Will need a alot of Lee county's to justify current price.

If it doesnt hit oil of a recoverable level next week...this stock is a 3c stock once more. Market has priced in a hugely successful lee county already because it was pumped so hard here.....big big pressure to back it up.


The thousand BCC pumpers here will become huge dumpers soon is my read...BCC is on borrowed time.