GREY:BIXZF - Post by User
Comment by
Atheenaon Sep 01, 2011 2:15pm
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Post# 19003625
RE: pending news!
RE: pending news!I doubt there is news, but who knows right?
I'm guessing that CC sold options and the market is just adjusting back to proper valuation.
BXI should be trading at near .50 for certain. They have a nice fat burn rate but they also have a big wad of cash as well. You have to think that new execs don't come on to hitch their wagons to sinking ships. I think there may be some life in BXI yet.
In other news my near 25% profit in 1 day made me very happy. :-) I hoping some of the LONGS were able to buy a few shares to trade at these levels as it is always nice to get win in the profit column.
Go BXI!
Atheena