GREY:BNKPF - Post by User
Comment by
woolcoon Apr 05, 2019 11:45am
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Post# 29587868
RE:RE:RE:RE:What is the true value of BNK
RE:RE:RE:RE:What is the true value of BNK First of all....You don't know me....and your insights about me are laughable...."dad".
You don't know how many shares I own....I would suggest way way more than you.
My original email "pump"....turned out to be before the strategic review and or increase in reserves announcement....would have been a good time to buy no? Turned out ok?
My original email "pump" ....about positive news coming quickly became accurate....would have been a good time to buy no?...seems to have worked out ?
The insight I communicated of the company saying they were in a quiet period for no apparent reason...turned out to be due to the pending announcement of the "strategic review"....as I speculated...or sale hopefully.....would have been a good time to buy no?
Your assessment of the following Monday post end of the month to be positive was met with crickets.
Was my investment a gamble ...YES.....based on risk/reward calculations....I see this company at this point as a very good investment. Not so much over the past few years...but the time is obviously now for new investors or exisitng to average down.
Obvioulsy anything can happen.....from a reverse share split to make the company more disireable /be able to raise cash better ( not good)...to a sale or partial sale that reflects company value-above 60 cents...-good.
Time will tell....but I expect given the proven fields...barrels per month that are flowing is growing it is time to sell this asset....as more development of the asset will be difficult as will require to raise more cash. The cash in for some will be better than others.
Not everyone/reading etc... that is buying currently or looking to buy now.....and looking for news has been a bag holder of this stock for 3-5 years...
Also...you can ignore me quite easily here on stock house, if you find my posting info you don't need to hear about... and or me irritating due to you being a long term educated holder of this company from likely north of $2 when the last hype was happening.... all the way down to 25 cents...although I would have thought your being so knowledgeable would have had you exit long ago?...to have a re-entry point that made sense.
Yes...my buy in is in the mid to high 20-30 cent range....but I clearly see this as a screaming buy at anything below 40 cents...as a fast flip to make real money.....which I think is most peoples goals that research here...
I do expect at least you agree that this is a screaming buy at 30 cents based on recent news...and a quick 50-100% ROI is in the cards....for those new buyers....with very minimal downside? Can we agree on that? Of course getting significant shares at this time under 40 cents will likely prove very difficult.