BKY 0.00% 34.0¢ berkeley energia limited

those that really know and the sheep., page-2

  1. 39 Posts.
    Very good!

    BKY was a simple risk rewqard proposition for me. I bought in the high .30's low .40's which placed the enterprise value at not alot more than nothing given the $50-$60M cash in bank (now confirmed at $50.5M). I figure i can lose 20-30%, but the upside is significant if issues are resolved.

    I believe watching whether the major shareholders of potential suitors are acquiring is one of the best indicators out there right now, and Fridays activities made me sheep like a baby last night.

 
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