GREY:BNKPF - Post by User
Comment by
wittmannon Apr 06, 2019 11:17am
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Post# 29591752
RE:RE:RE:RE:RE:RE:What is the true value of BNK
RE:RE:RE:RE:RE:RE:What is the true value of BNKBroker,repeating what you've categorized is all that can be expected from any new poster.Thats to be expected from a penny flipper.I think we can agree on your option one and two equally. The other point to ponder is how much of BKX is really held by retailors.I'm guessing very little.Even way back with Poland I suspect exposure was very little.This company has never really promoted itself in a meaningful way..I haven't seen interviews,analyst coverage,independent news coverage for years.If and when their business plan commences we should see movement.This stock as we know has methodically been taken down.A few cents a week for many months.Institutions can easily do that.Most retail investors were wiped out years ago so I suspect we don't have many left as I mentioned before.The volumes also suggest to me at least that retailors weren't involved in a big way.Panic selling surely would have taken place ..but again the volumes never seemed to support that.
I do know that Wolf isn't stupid,these guys are survivors. They've made it through times where many small oilco's vanished.But..flow rates are out of their hands.And as such ,although I'm optimistic ,this lengthy wait is unprecedented.