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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by cottager97on Sep 14, 2011 8:42am
358 Views
Post# 19040123

RE: Outlook

RE: OutlookThat an interesting play...sell low at a loss and buy back in at 60% higher at a later date..Ben Bernanke school of investing?
I agree the ones a crap shoot,but selling at a loss while waiting for news seems very puzzling.Myself ,I have a stop loss in place and not much at stake here as the risk is over the top..if news is not forthcoming soon,or is not very positive this will fall like a stone and all will be stuck holding as there will be no buyers.
IMO Im thinking financing is still an on going issue and might be 50/50 at best ,lending is very tight these days,it may well get done but Im thinking the terms are whats behind the delays.
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