Captn, I rung up BPT on friday.It was very very interesting, easy to get the right peoples on and straight forward talk. I had no other choice. I got sick, actually very very sick, when I looked at the weekly chart. Fridays highlight the low of $1.36 (weeklies high was on monday morning $1.52 ) 16c downsell correction,or what ever some will call it. Any reason ? End of april BPT was about 1.35 and oil $60 a barrel, We have now oil at $95 a barrel and BPT looks like will go even lower in the weeks corrections ahead. I need to think and get some very clear results, who are the beneficiaries on the high oil. One clear result is, the shareholder from BPT has the last spot. 100% sure. Average closing price for BPT is about $1.36 in past 3 month. If a takeover comes and they give a mighty 20% premium, we see about $1.60 to $1.65. An absolute bargain to get BPT on this level, BUT a nightmare to see this happen as a shareholder.
Cheer's
BPT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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