The action here is quite amazing. having held and traded BMN for over 2 years now, I have seen this type of effort to cap it, on numerous times. But this is probably the most concerted & blatant I have ever witnessed.
If left alone, I have no doubt that we would have seen BMN hit $1.50 in this uranium sector run ... instead we have seen much "lesser" stocks up 50% and more, while BMN has gone done 25% from the recent high.
Great for those wanting to accumulate ... but I know what will happen to most .... they will hold off, wanting to get in at sub-$1 prices, and then miss out when the run starts.
I have accumulated my position, and now its just grin & bare it for me.
I like El Capitano's proverb:
"Patience can be bitter, but the fruits are sweet"
Sweeeeet!!
:)
BMN Price at posting:
$1.02 Sentiment: LT Buy Disclosure: Held
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