RE: RE: Sellers come clean?Nougat,
I'm sure most of us have sold a bit during the rare spikes in the SP following some rare news. However we may be entering a different era soon and we may need to change that approach.
Look at it this way. The previous news released was June 23rd and we had nothing until mid August?? Let's face it, that kind of excitement in itself will normally force some shareholder to sell off at least some shares, resulting in a price drop. The longer the wait, the lower the interest and the lower the price. I've done it too and bought back in as part of my "average down" strategy.
However, there is still a side of me that doesn't want to get caught out of this stock when it does turn that corner. This most recent NR could be just the beginning of a series of NRs as there should be much happening behind the scene that will need to come out at some point. Considering that BNC has recently been using BNN air time (commercials) to promote their company, the timing may be very well planned. I myself think something good is brewing and it may be time we start displaying some results regarding BNC's potential.
Then again, the way things have gone the past 3 years with BNC, it may not be "the time" just yet. Regardless, I'm not selling.
TC9