BDR 0.00% 6.5¢ beadell resources limited

new ann, page-50

  1. 17,482 Posts.
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    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
 
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Currently unlisted public company.

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