I'm not saying he is wide off the mark...in fact quite the opposite otherwise the story would have had no credibility...
the report came out at 10c...if you followed the buy recommendation then you would have had a 100% gain within 3 months...so well called by the report...and imo that was the play to get it up there and now the play is to drip sell the cheap shares from that level
the $2m investment is part of this latter market strategy
you need to understand the ebb and flow of these species and it is likely that BUL is no different (unless by some miracle they manage to sell these assets, which they obviously haven't been able to do despite LNG fundamentals being rock solid atm)
BUL Price at posting:
12.0¢ Sentiment: None Disclosure: Held