Recent posts.Guys, I'm reading the posts between Pixxi and BC and I see a difference of opinion but both arguments have merit. Right now, I'm leaning more toward Pixxi 's interpretation than BC's.
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I used to have a very bullish feeling about BNK but it's not the company it's the bloody market environment. I do not see us going anywhere fast. As far as Pixxi saying we're going to 3.00 over the next 2 years or so, I am a little more optomistic than him but I see the 3.00 range when oil get's above 55.00 When will that happen, I will guess next spring we'll start up again but only for a littlw while then crash back to the 40's in summer. .
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This is only my opinion, I still own BNK but now I'm bying more on lows then selling when it rises. There are patterns but I've lost as much as made money... Almost a break even thing. Yesterday I bought a bunch at 2.30 guess what? it's down, It'll go back above that I bet in teh next month, I made a dumb move thinking it was going to rise based on sentiment but nope, oil tanked yesterday adn so did BNK LOL I still have my long term holding of BNK that I won;t sell until it moves back to 4.00 so I can make a bit.. No longer in love with this stock or industry, just playing it. Good luck all.