RE: Why and where BXI failed Good luck to you too Whyso.
My take is different than your own. Then again, our investing/trading and flipping experiences are probably different too. Just like you are advising us; I must advise you now; BUY today.
The general fall-off the last three market trading sessions is the major reason this is down. Of course, If I was flipping it, I'd do the same too...selling at .29....but I'd be buying back now!
The Iran question was addressed today...war is not as imminent...and trust me, that's what truly raised the US buck...little to do with China quieting it's growth pred to 7.5%. China's announcement was an intentional gift to the US. The few earnings reports out are stable. Greece will always be a problem and we all should be telling Europe to let them go...but their bondholders may solve that for us yet. Generally we will see a turn around tomorrow.
You should buy on great dips like this. That's a fundamental and necessary action for a trader. It's sad to see you have to explain why you left, but I'm pleased that you are content with your decision.
Regarding why BXI failed, you are talking about the past, and the fatalism you suggest would have been more appropriate a year or more ago.
This is a duo-play symbol right now. Great long term potential, and a fantastic flipping opp.
Seiously whyso, don't worry about us. We all care for everyone who plays the markets and we have all won and lost. We'll be fine.
GL Whyso
and GLTA