TSXV:BMX.B - Post by User
Post by
bankerboy28on Mar 15, 2011 9:21pm
434 Views
Post# 18290883
Excellent company with excellent management
Excellent company with excellent managementand is in the sweet spot for exploration and very likely a take out candidate in the future...price is great value here...it is not a matter of following the herd but more like recognizing that you cannot change investor behavior..recognizing that and taking advantage of it...people follow technical trends and will sell a perfectly solid company just because of the trend or panic...and when they dump their shares other investors will be buying at a bargain price......just look at what happened to some great stocks when 911 happened..people sold perfectly good companies due to panic...looking back now i bet they wish they had just held on or bought more..nothing new here......in the markets its all about panic and greed and that is why stocks get way oversold and way overbought...this one is way oversold...time to step in...the downside risk is minimal now and the upside is phenomenal...BB28