Its not uncommon i.e very common (as we saw with PLS and AJM). Perhaps BGS will just keep putting on 1c a week for the next 2 years but I doubt it. Its more likely to be coming off the "Speculators leave and entering the orphan period. Doesnt matter if you are holding for the inevitable up trend later as I did with PLS mainly. Just wish I knew and acted on this chart. Just making the comment that looking at the trading running into this announcement that this appears likely to follow the same pattern.
BGS Price at posting:
59.0¢ Sentiment: None Disclosure: Not Held
