BEL ==> The New Year's Winner

[New-born baby]

10% rule

BEL got me again. Stopped out at 3. Someone will make money on this stock, but it won't be me.
billyjoe

Sorry about BEL's ugly bite. But I personally have a 10% rule with penny stocks, and any stock trading below $5 is a penny stock in my book. If you get 10%+ profit, take it. No doubt it is going to trade down again and you can rebuy at lower prices.

Just my worthless opinion. But best to you, BillyJoe.

[spikefader]

Bummer dude!

Had an expanding channel long today too. Nice intraday pattern. I like Bel long as a result.

[jiesen]

Great news for BEL today!

They got off with a slap on the wrist for that Creosote boondoggle:

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh15928_2005-08-31_16-53-57_n31206922_newsml

Now they can get back to focusing on the dirt!

Go BEL! I think today might be the last day we see it trade in the $2's.

UPDATE 1-Bennett Environmental to settle U.S. class action
Wed Aug 31, 2005 12:53 PM ET
(Adds details. In U.S. dollars unless noted)
TORONTO, Aug 31 (Reuters) - Bennett Environmental Inc. (BEV.TO: Quote, Profile, Research) has reached an agreement in principle to settle a U.S. securities class action lawsuit, the soil treatment company said on Wednesday.

The firm said the suit will be settled for $9.75 million, which will be paid primarily by its insurers, with a contribution of $750,000 from the company.


The Oakville, Ontario-based company said the claims in the suit, which was pending in the United States District Court for the Southern District of New York, will be dismissed with no admission of wrongdoing.

The proposed settlement is still subject to negotiating definitive settlement documents and final court approval.

The case dates back to 2004 when a number of class action suits were filed over Bennett's disclosure of an unfavorably revised contract for a key U.S. cleanup site in New Jersey. The revised contract slashed soil shipments and reduced the company's contract backlog, sending its stock tumbling.

[spikefader]

Go BEL! I think today might be the last day we see it trade in the $2's.

Today it's right at channel short resistance. Hopefully the news will bust that.

[billyjoe]

How far north would they ship that nasty soil from New Orleans?



billyjoe

[Websman]

Today it's right at channel short resistance. Hopefully the news will bust that.

Hmmm...time to go long on BEL??? Man, just think of how much Vulcan cash one could make if this Vulcan thing went back to twenty Vulcan dollars!
"Vulcan A" Dude!
(Sorry for the obscenities...I got excited)

[New-born baby]

Bel

Hmmm...time to go long on BEL??? Man, just think of how much Vulcan cash one could make if this Vulcan thing went back to twenty Vulcan dollars!
"Vulcan A" Dude!
(Sorry for the obscenities...I got excited)

Webs,
BEL is not a bullish chart. You've put your money in all the right places of late, but this one . . . you can do better.

[Websman]

Webs,
BEL is not a bullish chart. You've put your money in all the right places of late, but this one . . . you can do better.

Yes...I knew that..lol

BEL would be worth keeping an eye on though.

[jiesen]

BEL - Environmental issues put to rest

Good news for BEL. No more problems from the tree-huggers, for now anyway.

BEL's issues:
1) Shareholder Lawsuit (Check)
2) Environmental Regulations (Check)
3) Getting the contracts needed to open the second plant (Priceless)

Could this be the makings of a fantastic turnaround story? Stay tuned...

http://biz.yahoo.com/prnews/050916/to230.html?.v=12

Minister of the Environment Will Not Seek Leave to Appeal the Supreme Court of Canada on Bennett's Belledune Facility
Friday September 16, 5:28 pm ET

OAKVILLE, ON, Sept. 16 /PRNewswire-FirstCall/ - Bennett Environmental announced today that The Honourable Stephane Dion, Minister of the Environment and the Minister responsible for the Canadian Environmental Assessment Agency, has accepted the July 19, 2005 Federal Court of Appeal decision, which upheld a lower court order setting aside the Federal Government's referral of the Bennett Environmental High-Temperature Thermal Oxidizer to a federal environmental assessment review panel.

Al Bulckaert, President and CEO of Bennett Environmental Inc. commented that he is "extremely pleased with the Minister's decision and is looking forward to working with both the Federal and New Brunswick Governments to demonstrate that Bennett's thermal oxidizer meets the rigorous protection standards established by the regulators in those jurisdictions". The subject of the decision is the facility in Belledune, New Brunswick which arose as a result of the public's concerns regarding whether there were likely to be any trans-boundary environmental effects as a result of the operation of the facility. A study group of federal officials had previously concluded that any such effects were unlikely.

[mrmarket]

now all we need is some dirty dirt.

[New-born baby]

BEL is ready

now all we need is some dirty dirt.

Webs! Webs! . . . . WWWWWEEEEEEEBBBBBBBBSSSSSSSSSSS!
Where is that stinkin' Vulcan when you need him?

IT IS TIME WEBS! Can you hear me? IT IS TIME TO BUY BEL, WEBS!
WWWWWEEEEEBBBBBBBSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!

[Runner]

I think BEL does look interesting here. I’d like to see a retest pop off 2.80. Another Waste company that caught my attention is WSII it also looks interesting.

[Lyehopper]

BEL vs ECOL

I think BEL does look interesting here. I’d like to see a retest pop off 2.80. Another Waste company that caught my attention is WSII it also looks interesting.

Take a look at ECOL guys.

[dmk112]

Take a look at ECOL guys.

What do you like about it? Looks pretty ugly to me on the daily and the weekly... likely move to the downside IMHO

[Lyehopper]

What do you like about it? Looks pretty ugly to me on the daily and the weekly... likely move to the downside IMHO

Look at ECOL's fundamentals, contracts, etc. They are nailing down the business and showing real growth. Check out the directors. They are agressivly going after some "dirty military" sites too. http://www.americanecology.com/directors_profile.asp

I understand BEL bid this contract and failed (it was right down BEL's ally, but they could not get-r-done)... http://www.americanecology.com/news/..._05.asp#060805

ECOL's share price is very near it's all-time high (compare a 3 year chart), can't say that about BEL.

I agree that technically ECOL may need a little more time to base .... But Ugly? .... Anyway .... If you like this space ECOL is worth some serious research.

What do you see bullish in BEL's chart / prospects?