2020 BRN Discussion, page-8385

There are many holders of BRN who have been waiting since 2015. They are not sitting waiting for a 3 cent movement in the share price.

I bought in 2017 for a number of prices in the 20 cent range and held all the way back to 4 cents averaging down as opportunity presented to 13.4 cents.

Here we are at 50 cents and we are all still holding. We understand the risks, we have taken them on the chin for a number of years but just like the contender for the title who is knocked down twice we keep getting back up because we want the winners purse and 50 or 53 cents does not cut it.

This is the high risk end of investing and there is no point in being here if you do not understand this. If the risk pays off to use the words of another poster the opportunity for wealth is mind boggling.

If you did not realise that when you invested in BRN the news is all good because there are a number of highly anticipated announcements predicted by a company representative in an email to a shareholder as well as a statement by the CEO which will see the price of BRN shares spike again and you will most likely be able to get out with your money in tact.

A good friend of mine was at University with a well known Sydney celebrity lawyer. He was a mad gambler and was friends with the late Kerry Packer. Kerry convinced him to give up chasing the horses and try the stock market. Not long after he started trading my friend called in to see him and his first words were “How long has this lurk been going on. If I pick the wrong share they give me back my money to try again.”

So don’t worry do your research, watch the market closely and exit if you do not have an appetite for risk.

My opinion only DYOR.