maybe we were and are wrong that bul is great

Maybe we all were and are wrong that BUL is a great company. Maybe acreage is not what the other ones are looking for. Otherwise someone would already have snapped up the shares especially when the buyer doesn't need to declare a takeover. I had the opinion that the big guns would fight for the stake, but none of them or even of the other emerging smaller players showed any interest. So something must " repell " the investors. I jumped several times in and out and made a total loss of appr. $ 5000 before I gave up at 16.5 c. It was a painful but obviously correct move. I have still an eye on BUL but atm it doesn't look like it will recover soon.