2021 BRN Discussion, page-991

Johnny so you realize the lack of understanding of my situation or investment strategy.

I did do a cash advance yes the value of shares bought is only 6.3% of my holding in BRN. If I needed cash it can be covered basicly in 3 days.

I felt the stock price was fairly discounted when I picked shares up at 52, 48 and now 44 cents. I will add more if i feel my personal risk reward tolarance is met. I also do have a job it pays me reasonably well, I could pay off my debt over 3 to 4 months after my expenses. Will I pay interest yes is it a high rate yes I know all these factors.

Your in finance so you know how banks make money they take risk. They leverage it.

I have a firm belief that this product is really valueble and I'm investing in the long run. Personally I'd rather over pay short term then risk paying much more if news comes out. The stock is showing weakness and the markets are soft so I think it's better to buy now then when news is out and the stock is going up? Would you not think buy low sell high is the correct path. One can't predict the top or bottom. But is I hit the low to middle 1/3 and have sold in the upper 2/3 range that's a win. And honestly nobody knows when the next material news release will be out.