23SKIDOO Most likely theyre shorting the stock to buy in and some other insto's are selling at some profit level. I have seen this type of thing go on for a year. With BDR I would say theyre doing this because BDR is ramping up to full scale production and so there is a certain amount of insecurity about the short term SP and funds to sustain it until it becomes financially stable. In the past I have followed the insto's and bought and sold with them and made some tidy sums. But with BDR I hanging on to mine because its just about to be in full production and the SP will rise accordingly. Hang in there for a few weeks and see what happens thats my opinion and just my opinion alone mind.
Swimming strong rounding the final bouy
BDR Price at posting:
99.7¢ Sentiment: Buy Disclosure: Held