Post by
1condor on Feb 28, 2023 2:19pm
BRAG Price
If BRAG is going to produce excellent earnings you will for sure see the stock price start to ramp up considerably towards the earning date. The stock has been notorious for doing this in the past and just something to watch for. Something else you can expect on any big run up is "selling on the news". Until then its the same old BRAG story...up 3 percent one day and down 3 percent the next day. Overal my take is that BRAG is a short term trader from about 4.80 to 5.70...however generally weak volume does keep most traders away.
Comment by
Odinson on Feb 28, 2023 4:47pm
What do you figure ...... will it hit $3.95???
Comment by
1condor on Mar 01, 2023 6:33pm
Below 4 dollars is very unlikely. However, there is no doubt the general markets will start weighing the risks of the U.S. debt ceiling (and possible default) as we enter the summer. I expect it to get very ugly in the markets during this period and BRAG will not be immune to the carnage.
Comment by
Barrhavenite on Mar 02, 2023 8:54am
Yes Mr 1Condor, the US may default, Everyone should have exposure to gold. A market crash will create a buying opportunity for everyhing, not only BRAG. BRAG is a screaming buy and my accumulation will continue in about a month when I return from SE Asia.
Comment by
1condor on Mar 10, 2023 11:09am
Will BRAG run next week into earnings? If I was confident I would put in a trade..but too tough of a call on that one..so I am on the sidelines watching. I suspect the earnings will be okay however we are dealing with such a volatile market that even if they did produce great earnings the stock could still get whacked. So like i said...on the sidelines and monitoring.
Comment by
Barrhavenite on Mar 10, 2023 11:40am
Good for you 1condor. Stay on the sidelines and watch. BRAG not going anywhere too fast. I'll do what I do and wait.
Comment by
1condor on Mar 15, 2023 4:27pm
Still on the sidelines watching this carnage in the markets. BRAG has now dipped again below 5 with earnings about a week out. I sure hope they pull something good out of their hat on earning day. Unfortunately the stock is showing no signs of buying interest ahead of the earnings (as usually is the case). This is a big caution sign for me. This might get uglier here.
Comment by
Barrhavenite on Mar 16, 2023 7:38pm
Uglier would mean buy more without taking a big bite.
Comment by
1condor on Mar 17, 2023 1:39pm
Barrhavenite...I am not a buyer here...just sitting on the sidelines. Unfortunately BRAG next week is going to release earnings into a very ugly market. I have not doubt there is more downside from here for BRAG...just based alone on the market sentiment.
Comment by
Barrhavenite on Mar 17, 2023 8:22pm
I agree. BRAG is not expected to make money and this market only rewards companies that do. Your on the sidelines and I slowly accumulate without taking a .........!!
Comment by
1condor on Mar 20, 2023 10:32am
Will be interesting to see how much it dips if earning are not in line. It has lost 15 percent in the last week alone just because of poor market sentiment. I would have thought there might have been some buying just ahead of earnings...but all all the stock has seen is red. Could get ugly unless they pull a big surprise out of there hat tomorrow.
Comment by
Peggy123 on Mar 20, 2023 7:41pm
Well i wonder if we will ever hit 10 cdn bucks
Comment by
1condor on Mar 21, 2023 9:18am
Those earnings do look quite good. Will be interesting to see how the market digests it.