commodities in serious trouble .... for now With no decent bids on the buy side, this has led to a sharp sell off down to .58 cents, although on light volume, it has put a damper on BNG for the forseeable future.
Even a good news anouncement will have minimal impact on the stock price at this time or until there is a reversal of the energy markets.
A lot of oil stocks have been trashed lately down to 52 week lows and for no good reason except investors are watching Europe for a meltdown and trading accordingly.
Cheers