BE Resources Inc V.BER.H

RE: Why?

[Cartman666]

I'm with you on this barrycain - My guess is that BER is going to have some overhang here. Warrants have been exercised, but it doesn't mean they have all been sold off yet in the market... they got their new stock at $.50 so they will wait to see some good bids to hit; the threshold seems to be above $.80. The warrants are a no brainer - borrow the money on a line of credit or anything it takes to get stock $.30 cheaper and flip for an instant profit...
Over the past week I've been pulling up the charts of past mining stocks I've been in and out of, and noticed that the price action shows no indication that good drill news is coming out until maybe a day or two before (sometimes you get a big leak, further in advance). One stock went from $2.00 down to $1.10 before big news, driving it straight up to just over $8.00. Also, I remember a Uranium play had a bunch of insider selling around $1.20, before going up to $2.50... I guess everyone has their motive and reason to sell. I guess even insiders don't know how high the market will take their own stock. My lesson learned was the short term price action means nothing to the big picture... and I'm in this because I believe they have the metal in the ground. A sh*t ton of it.... of course it's irritating as hell to watch this drop 7-10 cents on no volume...