RE:RE:RE:Interesting chart on BNN
Good points gentleman man...I believe we are not out of this yet. Thats why i sold leg, pre, lits, rig, held on to bnk. I do believe when we are out of this low oil gloom, bnk will be amongst the 1st to turn around. Possibly even rally at $45 brent...I do not want to test that theory.....Albania is a good country to do business in...our management has a proven track record, bnk's high grade oil is 2nd to none. From what I'v said in the past. I am happy & proud to own this stock. The funnest thing happened I bought on the usa side...no volume...I got filled at a fair price...im up...selling maybe a problem...which tells me....the only way I sell....have bnk at $12usa...my stop loss at 11..most likely all will be sold around 10....i will not get out at $12 unless bnk is trading at 14. There is no point putting in a $12usa sell limit open order ...because bnk can break through that on a takeover offer....best to be patient. ..my target price over 18 months $12 usa. I can thank my self for getting locked in by mistake...plus i have usa dollar at play. ps i did say I only have bnk...as an oil play....I did an experiment.....I purchased a jr oil company (arw) to see if a jr has less volatility than the previous ones I owned...to no surprise its holding, even moved higher. Please do not purchase it....its my own experiment...want to see where it goes on its own. Plus its much to risky for people investing with bnk. Thats why 80% of my oil money is with bnk. Best bet!!