Once again Day traders are the Winners!!
There is no doubt that in the very long term Bbd is Bullish with the great management we have now. I've said, and look my past posts, that in the future,in a few years, we may all be surprised with the SP. But I've also said, short term, there will be challenges and as you can see, I was right. I've also said that the Sp would follow wall street this week, and again, I was right. In my opinion, Bbd is not done pulling back witch is wonderful for day traders like me. My humble advice is get in, in the next pull back if your not in already, and don't be too greedy. I expect alot of traffic at the 2.00 where a lot of information Will come out at that price. This is why I say pay attention to your graphics, charts, money managers, institution possition. If you have access to short possition, candles attemps, study them, be aware of what is happening. Remember, thecnical analysis does not work. When someone on this board throse huge numbers in the SP, says we will hit 3.65 and more this year, be wise, and understand why they do that. Personally, I believe in Bbd, that's why I make money with this stock. When you are done reading this, rember that the SP is 1.62 and as for now, this is the Market value of BBD. Once again, Day traders are the winners what ever you think! Have a wonderful weekend and I hope you enjoy it as much as me. CHEERS!!!!