BMN 4.88% $2.73 bannerman energy ltd

Bannerman Poised to Break Out, page-509

  1. 1,452 Posts.
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    Maybe got ahead of itself at $4.87 (no shit Sherlock), but how on earth is a 44% pullback warranted? Is there something I've missed (fundamentals I mean) that explains this bloodbath.

    I don't own it at present but have traded it 3 times over 8 months. I'm not a trader generally but it just worked out that way (used it for a source of funds for a gold stock and then a copper stock). Expected the plunge to slow just above the $3 level. Might need to raise some money here; seems to have gotten silly!
 
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