BDR daily SP movement, page-2598

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Tumbleroll

3,495 Posts.

10/02/16

16:01

Post #: 16987390
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Originally posted by Windham14 ↑

Hi All

I think there is way too much negativity on this forum at current. I understand that there are those that are frustrated by BDR's recent lackluster performance, however, I think this is self inflicted to a degree.

If you tell yourself that January will be ''the month'', or that the SP ''will fly when X happens'', when those things don't pan out, then, you are going to be disappointed.

The SP and BDR are not living creatures, they have no idea you exist and if they did exist they certainly wouldn't care about what SP you think BDR should be.

The divergence between the elevated gold price and the somewhat ''static'' SP is indicative of an undervalued stock which represents a buying opportunity. This is not a ''red flag'' as Eshmun has stated. We're in a tough market, Gold and Gold stocks are going to climb a wall of worry all the way up. Each successive rally will see many frightened holders liquidate their positions and this in turn will test the resolve of the weaker hands.

I'm not invested in BDR because I think they'll pop when Gold is at $1200, I don't care about the current market conditions, I KNOW that gold will go to $2000 or higher and when it gets there BDR will probably be a $2 stock. Whether we take the scenic route or quick route, doesn't really bother me.

Use this current market to accumulate, or, if you're a little too worried then just sell out completely.

Cheers
Ivan

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Such relentless, unquestioning optimism.

"...I KNOW that gold will go to $2000 or higher and when it gets there BDR will probably be a $2 stock..."

Nothing about this is written in the stars. The risks are no less real because you choose to ignore them.

Last edited by Tumbleroll: 10/02/16

BDR Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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BDR daily SP movement, page-2598

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