Same here paulie..i trade cer, gjt, vpg and mdt since march 2008. Currently they only account for small portion of my whole portofilo..they were so call "junk" stocks and institutions dump them as much as and as quickly as they can. On that time most people think that they will go to zero or bankrupt. But now looks at most of them trade above 14c. Rise from 2c per share…
in simple terms my guess is for bbp will rise in three stages in short term;
1. today’s ann, if it is good. Should see it trade around 8c to 9c. 2. rename of business (complete separation from b&b) will help boost the price even further together with point 3. 3. completion of recap ann.. should see it trade around 15c plus.
In long term two factors to impact price of stock 1. economic recover will boost the demand of the power usage 2. population growth will increase demand of power usage
what do you think gang?
BBP Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held