2022 BRN Discussion, page-2515

Hi @onlywayout
I am not here to give any financial advice, just my opinion & my opinion only. I have been holding BRN since late 2019, i have had many chances to take profits and i would have been more than happy with that, September 2020' saw the biggest rise in SP (other than this month), i never sold out of it in September and i burnt for a bit, i felt like i missed an opportunity. Now it is January 2022' & i am not regretting that decision of holding at all.

Enough about me, but do your research, don't base it off HotCopper only, many people have hidden agenda's here, although HotCopper does often have very valuable information for BRN & stocks in general, do your own research is the best advice i could give. In terms of wanting to buy into BRN, now is probably a better time to scan the environment/read the room.. it is @ $1.38 now, we have never seen such a huge increase in the SP for BRN, EVER. I believe an announcement is bound to come very soon, when? I don't have a crystal ball so i can't say.

What i can say with confidence is that when an announcement comes, it will boost the SP to even higher heights, for sure. BUT... I believe a massive pullback in SP will follow after the next announcement, it will ride light lightening and crash like thunder when the next announcement comes out. In saying this.. the crashing like thunder may just bring it back down to a new base level/new floor SP.

If you want to invest, i personally would wait and scan as much as i can, whenever you see a retraction from a good announcement (which almost always happens, people want their profits so naturally it drops after it rise's with announcements especially).

I personally think BRN can follow the same trend as VUL (Vulcan Energy), have a look at that chart in the last two years. I am holding until this thing goes even more bananas. I think BRN is still at very early stages of its potential, but this is all my opinion. Best advice i can give to you is do your own research and don't fully rely on forums as such..

Kenchase. DYOR. GLTAH. GLTANH.