BLLB Has Become The Fastest Growing Stock Of
2022 So Far. It Has Gained As Much As 1,207.69% In The
Past Two Weeks From $.0013 To Yesterdays High Of $.017.
Bell Buckle Holdings, Inc., (PINK:BLLB) was initially released as a mid-term 7 month pick for our Platinum Members in the fourth quarter of 2020, with an initial release at $.004 followed by a 387.5% gain within that time-frame.
After this growth, we made clear to Platinum Members that the safest practice would be to lock in profit on BLLB because due to new SEC rules, the public new in advance that BLLB would soon be restricted from purchase from within the U.S. And could only be sold until its caveat emptor designation was removed. Naturally, this meant that there would be a sharp decline in price as the public awaited the eventual removal of that caveat emptor designation. For this reason we recognized that it would be less mentally taxing to take the easy way out, by selling earlier on and ideally re-buying after the trading restriction period was over. About one and a half weeks ago, after a series of filings and previously unexpected court cases, BLLB returned to regular trading seeing it move from a low of $.0013 two weeks ago, to a high of $.017, gaining as much as 1,207.69% in that time-frame.
Here Is A Brief Explanation Of Why BLLB Was Previously Restricted From Trading As A Caveat Emptor Designated Stock And Now Holds Massive Growth Potential:
BLLB has been a unique case because of new rules that took hold in 2021 relating to Caveat Emptor designated stocks. BLLB was always a high risk pick but that risk increased exponentially, after notice early last year that the SEC designated that all major exchange platforms would have to cease the ability to purchase Caveat Emptor stocks from the U.S. beginning March 25th 2021 and as a result those stocks could only be sold or held.
It later came to light that the reason for the caveat emptor designation being levied upon BLLB had to do with matters that were essentially out of the hands of the company. This is because about four years ago, a group of bad actors chose to 'hijack' multiple OTC stocks by issuing false press releases about them after first front-loading the stocks and BLLB was one of them, which lead to the caveat emptor designation. After many filings, court cases, and some pleas, BLLB was finally able to fully show that those bad actors were not at all involved with the workings of the company anymore, which allowed for the recent full up-list to Pink Sheets Current without caveat emptor designation.
With the Caveat Emptor Designation now gone, it has not at all been a surprise to see the incredible price per share growth, that we have always told our Platinum Members would be the case because it has gone from sell or hold only, to allowing buys from investors. The company has mentioned that it will follow-up with multiple key updates, which could potentially also include a reverse merger plan.
We Have Purchased Shares Of BLLB On The Open Market And Currently Intend To Purchase More:
We want to provide full disclosure, that we have previously made the rare decision to purchase shares of BLLB. We generally abstain from purchasing shares of our own picks in order to avoid conflicts of interest but BLLB is now the third time that we have purchased shares of one of our own picks, in the past four and a half years. We did not front load our purchases and did not purchase any until it had already been available to Platinum Members for over a month. The fact that we chose to pick up shares, does not mean that it is any less risky than we have made it out to be. We broke up our purchases into small batches and provided full disclosure often. We have now purchased 3,522,703 shares of BLLB on the open market.
BLLB has quickly become the fastest growing penny stock of the new year so far and when considering the fact that the company is debt free, has one of the lowest market cap values on the OTC Market, and is expected to have multiple key updates released this month, which could even include reverse merger plans, there is good reason to believe that it may see further upside growth.
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