disclaimer, i am a holder, already making a tidy sum buying at...

disclaimer, i am a holder, already making a tidy sum buying at 80c and selling at 2.50. Bbought back in at 2.10 and i am averaging down:

- US Fed is talking about a rate cut before or by 22nd Oct. The DOW got a massive shot last time Fed did that
- Coordinated response from EU banks is in in the works
- This is a ripe time for takeovers and buy outs. Rumors re. german bank eyeing BNB has not gone away, I wouldnt be surprised if something comes up in the short term.
- BNB should be aggressively selling down their assets, once they become leaner their core value is said to be $4-5 or even more.
- this is arguably the bottom of the market, selling will only crystalise your losses. Things will pick up by end of the week.


Be patient and wait for these. IMHO: Hold.