BMN bannerman energy ltd

why the lack of interest, page-5

  1. 4,735 Posts.
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    surfinbird,
    your statement..
    "Only bright spot is my average price keeps coming down, but my losses keep going up, as I continue to buy and these continue to fall."
    That is a fantastic statement.
    I know its virtually impossible to pick the bottom,but I dont understand why you would not wait until there sign of some kind of reversal, before buying in.
    I think the climate of anticipation on this thread has blinkered our eyes.
    From the high of $4.14 on 14th Dec (yes I know it was a high, but $4.00 was going to be the floor, according to HC posts)to $3.40 this AM,thats a 74c drop in around 37 trading days.( If you bought 110k at $4 you are holding $74k paper losses)
    Apart from a small rally on 8th Jan (high $3.09) the SP has steadily fallen, and it seems a lot of people have "topped up" all the way down.(maybe that should read "lossed up")
    They too are holding losses.
    At this stage,until we get some kind of positive ann, I cant see where the recovery is coming from.
    Maybe The Brotherhood are guilty of believing thier own publicity.(Me included)
    (I an hear capn, chris and tibbs all muttering "bloody dazt is whinging again lol)

 
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