2021 BRN Discussion, page-10367

I just had a thought.

When “speculative BRN” came out with news that interested investors (LTH and the others including big players), people started buying (and selling) the stock. Some stock was sticky and some remained fluid. As we saw back then, there was a quantum leap in volume (and price) when BRN came out with the news around Sept20, that took the SP to amazing levels.

I have see quoted on HC that we have now 37,000 holders of BRN. And I’m sure a lot more that want to hold but think they don’t want to risk getting in after such a big rise we had.
“ The watching waiters ”

Now my point.

When BRN come out with new news of another (followed by more and more) deals with whoever, there will undoubtedly be heightened interest by big players. However let’s discount these guys, and just simply look at the 37,000 investors.

Each of us no doubt excited as the news is now confirming the immense revenue that is coming. And we want more.

Let’s just think small and each investor wants to spend an average $1,000 on the stock (deliberately chose a very small number so it can be imaginable .. but you can extrapolate this). Let’s say for simplicity the stock is 50c at this point in time.

Just the existing investors will potentially want 2,000 shares each, or 74 million shares. Now double the $1,000 as the news is very very good. Now introduce the traders, the players with Bots, the sprucing brokers. Just how much fluid stock is available ... far less than what is available right now .. I’d think.

My point ... And we thought the last share price rise was huge.

IMO and very dependent on quality of news and timing and sustained future revenue growth projections.

NB: No animal was harmed during my dribble.