RE:25 cents inI respecfully disagree.....
I can see how you might look at BXR trading at 0.025-0.030 on Wednesday, see that it's at 0.015-0.020 now, and say "Gee, looks like the sky is falling"
But as goes the clich, "nothing goes up in a straight line".
There will be surges and pullbacks....just like any stock....sometimes it just feels worse on stocks trading in "one-foot-in-the-grave" terrirtory like BXR is now....when a penny swing = a 50% drop.
I see pretty good support at 1.5 and a lot of shares being bought and I'm hopeful. And even if this drops to 1c - and it could, SOMEBODY 2 days ago thought it was worth 3 cents a share.
This, like most stocks won't move because I decide to buy or sell $1000 worth. So when big wallets push it up, it makes sense to wait a bit, let the price settle back and then buy more when the price is down.
And looking at the chart for the past month...looks like a stock on the rise to me. If the company announces something in any way plausible, we're looking at a 10c stock, if only in the short term.
BXR is the in the top 5% of "risky stocks" on the venture at the moment. Losing money, no imminent prospects, yet I smell something. I recommend taking out money you won't mind losing (too much), kiss it goodbye, and buy BXR....and then stop worrying about the occasional 50% dip.
And you can buy so many more shares at 2 cents than at 5 cents. :) Best of luck.
