RE:insider buy & divi funds done, no more ammo to send BTE downHello borrowedlife, thank for the great information! So, this would appear to be a very good position at these prices of $4.22.The nice thing about averaging down on an asset such as BTE is that 2 shares at these prices is what you paid for one share at $8.44, 4 shares at $16.88 and 8 shares at $33
If I was a large shareholder I would double down base on book value.
For the daytraders, I agree we might see some more downside just based on momemtum.
Investors like me who prefer to not worry about the daily fluctiuation of overpriced stocks, we know that BTE is a very safe bet and a great growth stock with strong assets. At this price, they are a take over target.
Opening tomorrow should be interesting. There are shorts both in Canada (TSE) and the USA (Nasdaq). If someone can cover the US, I can cover and watch the Canadian.
I love catching these value plays. It's been years we've had access to this type of gravedigger megabottom.
Very nice. Thank you.