GREY:BXEFF - Post by User
Post by
canoe2000on Jan 26, 2013 2:03pm
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Post# 20894455
New shareholders are happy
New shareholders are happy It seems that pessimism is the norm for Canadian investors who have been burned so often by wild ups and downs. However, one has to keep in mind that over the past few months upwards of 25% of shareholders are new to BXE, and are quite happy and optomistic. We are in a bullish phase of the market as well, with one of the biggest new cash inflows in fifty years in the USA. BXE now trades in the USA.
So is it different this time? Will BXE just sell off like before? My guess is that there is more than enough new cash coming into the market in the USA to take BXE towards and through its previous highs this year. The Canadian market by itself would not be capable of doing it in my opinion.
GLTA