Now who is guessing what BTA is worth?
Exactly: A guess it will always be. Like any share, BTA is worth as much as the Market is prepared to pay for it. And currently, all I can say is they're prepared to pay "more".
When profit takers suggested recently it's time to sell, I drew an updated extrapolation and stuck a post-it note on my monitor "BTA $3.45 and $4.20". And there's no telling whether the parabolic will stop there.
Last time I sold at one of those extrapolation lines (on 14th September) I had to scramble to get them back, even though it meant I paid a higher price. Now I'd welcome an opportunity to top up somewhere between $3.00 and $3.20.
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