That was me :) Somebody above said why sell before...

That was me

Somebody above said why sell before announcements... well here's my story...

BCN was one of the first stocks I bought when I started trading back in 2009. There was a lot happening at the time, everything seemed promising, so I kept buying with every bit of money I could free up.
So I learned that buying into announcements isn't a great strategy

I ended up with 3.08m shares at an average price of 2.4c. It took A LONG time to recover that, and sure maybe I'd be set for life if I held and things work out better this time, but I'd sure feel a mug if it doesn't, and I hadn't taken my the chance to cover my losses.

So I'm still in with 1.08M shares, and certainly hope things go well, but I think my holding is now more in line with the risk involved.