RE:RE:RE:RE:RE:RE:RE:This Never FailsI don't see anything wrong with how BIR is being managed. They've done exactly
what they said they intended and did a great job at that. They are way above the
rest of the pack IMO. The issue is simply after yesterdays surge and todays selloff
in the commodity price, the shorters saw their opportunity to get even and sold it
down. This has the effect of spooking retail every time and here we are.
I fully expect BIR will gradually climb back up and shorts will start covering if they
haven't already begun. Retail is used like cannon fodder on these type of selloffs
and unfortunately fall for it allowing the big boys to take advantage of their fears
and gullibility. Yes nat gas is off today but will recover going into the winter. There
is no SPR for nat gas so you know the demand will be there. Patience is such a
virtue these days. The volatility is great for trading but not for everyone if they
are susceptible to gut wrenching movements in the market like you have today.