BBI & BBP are two classic cases illustrating the fallacy of the belief: "The market is always right" In fact it is virtually NEVER right, except for a moment here & there.
When the bulls are running, the market acts ridiculously, by pricing shares in multiples of there real worth.
Then when the bears are in play, the market goes the opposite way, pricing most shares way below their real worth. In between, there are rare, ever so brief, glimpses of reality ... nothing more.
Really, the more accurate term to use is: "Might is always right" ... that is, the market is just TOO powerful, and even though it is so WRONG, you just cant fight it. Hence no matter how much you love & believe in a stock, sell & move out the way. You can always buy back cheaper once the market realises just how wrong it is!!
On that note... a big thank you to all those that sold me their shares between 2.5 and 3 cents.
:)
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