@blastfurnace, you put it so well for the benefit of everyone here, thank you.
May I add, brokers have an interest in people selling from fear and later buying them back. This is the only way they can create more business. They would rather investors trade their shares than buying and hold. They will encourage their clients to take profit, which I am sure, there is no argument from me. After that, when the shares get low, they will say, this is a good price to get back in again. If they can do it twice a year, there is 4 times more trade than one that sit and hold.
Today, for us, is an opportunistic day. My group of friends have collected a few which would be locked up. My understanding is, NONE sold.
We were willing to pay about 73.5c and above, however today, we all benefited from the volatility. BGS shares are so tightly held that it is not easy to get them in quantity like today. Fear pushes some to sell, otherwise they wouldn't. News will be around anytime from now, a good announcement will send the SP spiraling upwards. Good luck to those that bought, they have done well. Please DYOR, this is my own interpretation of events and how I see things.
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Good news coming., page-54
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