GREY:BIXZF - Post by User
Comment by
brnt999on Jan 06, 2010 6:09pm
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Post# 16646883
RE: RE: RE: RE: RE: RE: Ugly Chart Pattern
RE: RE: RE: RE: RE: RE: Ugly Chart PatternMy own take is that there is short term pressure on the share price. A percentage of BXI shareholders are short term speculators and if money is being made in other sectors they are going to sell their shares and buy something thats moving up.
Its a long time till late February and without NR to spike interest there will be selling pressure.
Management is pretty good at reading the market and I would wager we get a NR soon. Just when blitzer starts getting his hopes up about a drop in SP we get a NR which spikes buying.