BWLD Reversal?

By Johns Wu on Oct 19, 2005

BWLD is finally showing some life after a horrible quarter of trading. Today it finally broke out of its "death spiral" price channel. However, the stock was stopped in its tracks as it approached the previous resistance at around $28.

A bullish move for BWLD will be to close on high volume above the resistance line. A bearish move would be to drift back into the death spiral.

I successfully traded BWLD in the past, so I’ll be watching this closely for the rest of the week. I hear their buffalo wings are really good.

This entry was posted on Wednesday, October 19th, 2005 at 3:44 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “BWLD Reversal?”

By Anonymous on October 19th, 2005 at 1:39 pm

nice call on BWLD. up 7%

By Omar on October 20th, 2005 at 9:15 am

Hi, What do you think about GTE?

By Anonymous on October 20th, 2005 at 4:06 pm

Woo-hoo!! BWLD is tearing it up! Drinks on me, boys!

By Anonymous on October 20th, 2005 at 9:18 pm

RFID, LTD. is Approved for SBA HUBZone Empowerment Contracting Program

Tuesday , October 18, 2005 10:23 ET

DENVER, Oct 18, 2005 (BUSINESS WIRE) –RFID, LTD. (OTC:RFDL) today announced acceptance into the Small Business Administration (SBA) HUBZone Empowerment Contracting Program.

Congress passed the Small Business Reauthorization Act of 1997 to help increase employment opportunities and stimulate economic development and capital investment in distressed communities across the United States.

As of October 1, 2000, all Federal agencies are subject to the requirements of the HUBZone Program. The statute sets the goal for HUBZone contracts to be 3% of a Federal department’s overall spend. The 3% goal sets the United States Department of Defense (DoD) HUBZone spend target at approximately $4.6 billion per annum.

DoD announced a phased RFID compliance mandate to the Pentagon’s 46,000 suppliers requiring Radio Frequency Identification (RFID) tags to be embedded in individual products or product cases and pallets consumed by DoD.

“RFID, LTD. appears to be the only publicly traded company in the RFID space to be accepted into the HUBZone contracting program.” said Nicholas Chavez, president of RFID, LTD. “The US Department of Defense now has the discretion to award RFID, LTD. sole-source RFID-related contracts with values up to $3 million each without being impeded by a protracted contract bidding process.”

The acquisition of such HUBZone contracts and subcontracts could lead to as many as 65 new jobs with RFID, LTD. in the Downtown Denver area over the next twelve months.

“We’re proud to be helping the Downtown Denver economy by offering employment to skilled residents living in an underutilized area. It’s a win-win for the City of Denver and our shareholders.” Nicholas Chavez further indicated.

About RFID, LTD.

RFID LTD. (OTC: RFDL) is the world leader in formulating, testing and depoying vendor neutral UGF radio frequency identification (RFID) solutions for small to medium sized businesses required to comply with Wal-Mart, Target, Best Buy, Albertsons, Home Depot and Department of Defense RFID compliance mandates.

For more information visit http://www.rfid-ltd.com.

Forward-looking Statements

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.

SOURCE: RFID, LTD.

RFID, LTD.
Investor Relations, 303-777-0588
pr@rfid-ltd.com

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