Hey guys,
In light of recent events (relatively positive half yearly reports/ recent debt related brush with death) and the still low laying SP i was curious as to what thoughts other BBI faithful are having in relation to the accumulation of more stock.
Personally I have been steadily accumulating BEPPA after swapping 100% of my BBI holdings over at parity. But due to a large % of my initial BBI stock being bought at 16-17 cents, despite my cost-averaging i am hovering around an average of ~11-12 cents a share.
I am currently torn between the option of pouring more and more cash into accumulation at current SP, realistically with large levels of ??? regarding the future, or waiting until the sale of DBCT (providing it eventuates) and heavily accumulating at 20-40 cents knowing that any money poured in will be a 'sure bet' for ~$1.25 in 2012.
Has the current brush with death jolted any current holders into thinking 'holy s**t!, i have xxx amount of BEPPA/ BBI that will be worth 10xxx if everything goes to plan, im not a greedy man, thats enough for me' and made you content to simply hold with figers crossed hoping for the best?
Or is it full steam ahead accumulating at current seemingly ridiculously cheap SP levels?
The brain says sentiment should Hold, but the heart is very strongly leaning towards long term buy.
Cheers
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