BE Resources Inc V.BER.H

RE: Brief Comment

[Cartman666]

Looks like the first round of profit takers (who bought in the $.60s and $.70s) are getting out with a nice gain, while maybe holding on to some of their shares. I like the low float on this. Next wave could take it up to $1.80. Good results could bring it much higher. For now, you are right in saying $1.50 is a reasonable target just on enough people piling in waiting for drill results. Started nibbling today. Thin blocks on either side... no seller can come in and hit a number of bids without whacking this down a chunk... and anyone who wants to buy a significant amount can't do so without moving the price up.... unless they are patient to wait for the sellers to show up and hit their bids.  Hopefully the trading remains tight.