BioExx Specialty Proteins Ltd BIXZF

RE: Well said 10mg I agree with you 100 %

[Atheena]

I don't know if I share your view Mike.

My main concern with timing BXI is that the risk has gotten greater that they will have to dilute again.  If they do, the stock price will dip again and more will be expected of them to make up for the dilution.

I think it is a smart move to buy in sectors that are scorching hot and to find good plays that have not reached potential yet.  BXI is in a great sector but the management has dropped the ball too many times and has lost the confidence of the market, thus the sagging price.

Also, I was okay with CC selling his shares when the stock price was rising but after what we've seen I think it was very questionable and find it offensive as a former shareholder.  You can't sell at highs and tell us that the concept will be working anytime now....then 6 months later ooops sorry it doesn't work!...come on CC.  You have to know your company better than that.  Sounds like hours and days not weeks and months all over again.

I watch BXI very closely.  Once they get over their troubles and start on the path to making money I will be able to take my profits from other plays that are stagnant and put them to work in BXI.  Paying more is worth it as the risk will be removed and due to the fact that the market has given incredible returns while BXI has gone red for the last 5 months...a total waste of capital that could be deployed in profitable short term plays.

For those of you who have held tight you will have earned every red cent that BXI "extracts" in the coming few years...but just as buba said, I am a stock agnostic as well after having been a fundamentalist for years with BXI.  I learned some very important lessons here...don't fall in love with stocks as they don't love you back.

All the best and continued success for all the longs,

Atheena