First post for the new year, seems many are back on here praying for the next announcement to drive SP north, seems our business is in a very familiar trading pattern and will only head north on it's own when the news flow satisfies investors that we are the real deal and cash receipts support this, otherwise we go up on news, slowly decline as we await the next news release, rinse and repeat.
I am long BRN but I can certainly see why traders jump all over this, every time we see healthy news I hope that the SP will continue to climb under it's own steam but this is yet to occur, I think an adjustment to strategy might be in order with both a long and trading parcel, so many on here fear missing the next big news but I'm wondering how much of a jump you would really miss if you just brought the news on open....just thinking out loud
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Open | High | Low | Value | Volume |
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23 | 1327565 | 0.225 |
45 | 1635250 | 0.220 |
13 | 496118 | 0.215 |
22 | 724067 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 112520 | 8 |
0.240 | 620597 | 14 |
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