GREY:BIXZF - Post by User
Comment by
fjrmotoon Sep 06, 2012 11:08am
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Post# 20324421
RE: RE: RE: RE: RE: I think something's up
RE: RE: RE: RE: RE: I think something's up Yesterday, after, reflection based on my phone call to BXI office, I sold out of a large position at a loss. While i still believe in the potential and the technology, i question whether; or to what degree the market will respond to some form of JV deal. I have seen very good news in other stocks recently yield 10% and that only last for a couple days when the news should have resulted in at least 50% gains. The market yawns unless sales contracts and profit are announced. The fact that our other alternative to good news is creditor protection or bankruptcy (?) made me come to the conclusion that rather than risk a 100% loss, i would rather buy in after the details of a deal are known.
The call I made to the BXI office, was answered the second time i tried to get through. The first time it rang thirty or so times. The second time approx. 15 times. I didn't think this was very professional. If you were going to invest 60 plus million in a partner, wouldn't you pause if your potential partner couldn't answer the phone? The other thing was that apparently the phones were not working and it took two days for this to be realized.......