''On BRN threads on another forum a contributor has reflected on the meaning of TIME. The technology has been validated and the SP is being manipulated to accumulate. To a lesser degree I think CDX is in the same predicament, and the thoughts relevant here, so I repeat them for your edification, with slight modification for CardieX''
Quiltman,
You are way too smart to buy into this manipulation rubbish
BRN being manipulated to accumulate?...( I know you are just quoting another poster) So it's been sold down from $2.34 to 90c on tens of millions of shares so someone can accumulate?..You can't make this up...it's hilarious. It has been sold down to a level which makes it now only obscenely overvalued as opposed to not even imaginable
Buffett doesn't buy speculative stocks so his theory is not really relevant here He is talking about proven quality companies which have been sold down below intrinsic value.
Neither BRN or CDX are being manipulated.....they are falling because more people want out then want in....it's that simple....anything else is delusion and not a good investment strategy
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---|---|---|
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1 | 75000 | 0.060 |
1 | 75000 | 0.059 |
1 | 95000 | 0.058 |
1 | 92593 | 0.054 |
Price($) | Vol. | No. |
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0.063 | 100000 | 1 |
0.064 | 29999 | 1 |
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