RE: BUK perseveresLook at any chart and you will see a similar pattern..In this market environment past performance should be totally dismissed,5 or 6 years ago a play like this would rise purely on speculation but investors are scared and seek safety ie.( look at the rise in Gold and Silver) and want to be paid ie. yield/dividends.This is a lottery ticket ,I have taken a position and instituted a stop loss at my entry price,I have bought this share to the attention of friends and colleagues(I work in the financial district..Toronto) and once they get a look at the financials (sedar) there is very little interest at all.
-The company MUST get its house in order ASAP and lending is tight.There is alot of money on the sidelines these days but it is smart money and IMO it won't move into the market before QE3 which I believe we shall see before year end in some form or another...if that plays out like I think it will then I would expect we could see a rise into the teens...But please don't be in love with this, its priced accordingly.