WhyFirst, I am saying that BTR is going to .20 because that is how I read the chart.
It will get there because the general market could go down or after pog rallies to 1290 / 1300 and then down to new recent lows 1220 / 1200... It's not what I want but it is what I expect.
There is another way for BTR to go to .20: another pp !!!
As far as Nav is concern.
The man just can't bring it across the finish line: that simple.
Look at his trades.
Buys a lot at .52 , buys less at .495 and nothing so far...
If Nav was a good trader, he would wait till whatever indicator or how he interprets the assay results, not because the price keeps going down.
The price of BTR will keep going down till something positive happens to change the sentiment...
I also expect PAC to have a breather, go down, but I also think it is going up after it has it's correction...So while I believe PAC will make a higher high, first it will go down...
BTR, BATT, PAC all three have an incestous relationship.
The bod of all three are the same: expect for the lead...
BATT, PAC 20x from the low, BTR 7x from the low: need I say more. Get a 3 year chart of all three and see for yourself...
The question now is will Nav do the right thing, be greedy, and let Alex Pismiris bring BTR across the finish line: and get the stock up to $2 plus via merger, takeover or even good execution of business plan ???
Nav, like I said can look after spinco / Larder property: and take Dale with him...
Nav will still have a job and we'll be smiling all the way to the bank: even Nav...
What is wrong with that???
Think about it Nav.
P.S
Dom, you were never good at IR...