I understand there is a tendancy for some panic selling, although, it's based on a stop loss computer and a possible erroneus trade. It appears they are reversing bad trades on something like 260 different companies, to start. However, today BGD has 1 trade at 2000 shares at 260 AUD. And that signals a 1.5 cent drop. How is that even remotely justified? I have been seeing for the last few days, trades of 3000 shares, and that will make the SP drop by .5 cents; which I still feel is ridiculous. I know it's all about supply and demand, but, I really don't understand this. It would be great for some EIS info out now. In the US everything, profits v. expectations have been great. The size of the european economic effect on the states is very minimal. And yet... I have held my shares thru this, and I believe it will pay off in the future. But, even still, I can't understand the price drops based on the volume. I am sure if I bought 4000 AUD right now, it wouldn't reverse the price it is, and then put us up 1.5 cents!
BGD Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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