the thing is, that it is a sentiment issue.
And agree, very likely to be thrown out.
But that's our view, while there are retail holders, who would be nervous enough to drop their bundle.
Just saying that the nervous dont need much to sell, and then you have shorters, who may expect to milk this for all its worth, to attempt to start a stampede.
Infact, wouldn't suprise me if it was the shorters who started the pull back in the sp.
When pdn announced a 12% shortfall in production, and yes, no big deal, but any excuse will do for shorters to try and spook the market.
It comes back to fundementals, which we all know bmn have in spades.
The only question, is, were any of us actually going to sell bmn if it was holding its 2 bucks, and if not, well it doesn't matter if its 1.50 or 2.50, does it?
We hold for a MC to peer to PDN don't we?
Some traders with sour grapes that wish they had sold BMN at 2.20.
Longs, doesn't change a thing.
cheers
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Last
$3.27 |
Change
-0.030(0.91%) |
Mkt cap ! $584.0M |
Open | High | Low | Value | Volume |
$3.40 | $3.41 | $3.26 | $1.586M | 479.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 6878 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.28 | 2790 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 6878 | 3.250 |
1 | 800 | 3.240 |
2 | 1670 | 3.220 |
1 | 1000 | 3.210 |
4 | 7312 | 3.200 |
Price($) | Vol. | No. |
---|---|---|
3.280 | 2790 | 1 |
3.300 | 201 | 2 |
3.310 | 150 | 1 |
3.320 | 5000 | 1 |
3.350 | 5000 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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