RE: RE: 64 Terracebelle...hopefully you did not get overly discouraged and "sell" after your post...
Re: 1/6/2012 5:47:52 PM excerpt...
"what argument can someone please offer for not waiting to take a larger speculative position in BNC for another 12 - 18 months? It's in lo-.50's because it's dead money for another year, at least."
Quite the week for BNC sp... +40% from the previous Friday's close.
| Date | Open | High | Low | Close | Volume | Adj Close* |
| Jan 20, 2012 | 0.68 | 0.73 | 0.68 | 0.73 | 66,200 | 0.73 |
| Jan 19, 2012 | 0.68 | 0.68 | 0.66 | 0.68 | 31,400 | 0.68 |
| Jan 18, 2012 | 0.54 | 0.72 | 0.54 | 0.66 | 286,300 | 0.66 |
| Jan 17, 2012 | 0.53 | 0.54 | 0.53 | 0.53 | 27,100 | 0.53 |
| Jan 16, 2012 | 0.53 | 0.53 | 0.52 | 0.53 | 38,600 | 0.53 |
| Jan 13, 2012 | 0.53 | 0.53 | 0.52 | 0.52 | 86,900 | 0.52 |
Don't quite understand the catalyst for the above. Three thoughts... - Based on the timing of the sp increase I assume somthing to do with the the eResearch report on BNC released on the 17th. I guess the report is a helpful overview for those not aware of BNC (new money coming in?) but I far prefer the depth of analysis from Taylor Collison...and...a price target of a $1.00?? must admit it annoyed me but under these market conditions maybe quite realistic. So a maketing aid to spread the word...that is good and certainly needed. BTW: Jasl, thanks for your post on this.
- Thinking of the two bids on the morning of the 18th that totalled 229,000 shares...could it have been two Cdn Veterinarians attending the N.A. Veterinary Conference in Orlando Florida (Jan 15-18) liking what they heard at booth #724. Long shot...but who knows? BTW...No_Reply, thanks for posting the bid info to brighten-up that morning.
- Rebound after "tax-loss selling period" (as Frogger just posted)? I think most likely combined with point one.
Nevertheless, great to see the gain in BNC's sp. Hopefully this is just the start of solid upward momentum. And, hopefully we learn about more "good things happening" at Bioniche, with the release of their Q2 financials on Feb 8.
Enjoy the week-end! rg
P.S...Peasoupfog, was that you "walking on clouds" after yesterday's mkt close with a bottle of Dom Pérignon??