TSXV:BTI.H - Post by User
Post by
Sinbobon Apr 10, 2013 10:37am
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Post# 21236050
Loose lips...
Loose lips...
Well, I said enough yesterday and will just say that obviously there were people who knew that this was coming as witnessed by the trading. This is a universal problem and not peculiar to BTI as we mostly know. Those with money make money and they are very happy today with their proceeds at the expense of the 'chumps' who did not have the right 'whisper' information that may have nothing to do with management.. They will have an idea when things will turn up (newsworthy event forthcoming) and come back in. Just when that will be is anyone's guess here. I'm guessing about a month or two. Management knows what they have and knows that the rewards will come. They can be as patient as is necessary to attain their goals.
Guess it's time to relax for a while and see what transpires. I believe the technology is breakthrough, managment is very capable and that tis is a very good investment. You never lose until you sell. The stock may drift for a while here but if those same people who had the goods and sold high know what is coming, they will likely start buying slowly here and accumulate. All my opion, right ro wrong..
Good posting all. Time to take a rest from all this.
Remember also that big pharma is incredibly powerful and arrogant. They spend $billions lobbying in Washington. There is competition and collusion out there. Could they/would they trash the stock to 'keep it in place' and make $ ... or is it possible 'not-for-profit' selling occusr just to pin the stock down? How about naked shorting? That is the nature of our corrupt markets today. Junior Co. management is helpless to do anything about all these things.The retail investor has to try to ride their coat tails/anticipate what they will do. What are their plans for BTI's technology? How much are they willing to pay? How will the competitive/greed factor play out if BTI has the holy grail? Will one of them jump first at some point? Can a generic grab the gold and run with it? There are definitely some checks and balances in play here that even the playing field somewhat because there is no love lost between some of these behemoths.