GREY:ABGFF - Post by User
Comment by
18tee20on Apr 26, 2005 8:28pm
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Post# 8959805
RE: Time for a Clarica Agent?
RE: Time for a Clarica Agent?Nice post! That was an interesting perspective and well worth forwarding to Mr. Marsden.
I personally think the lowering share price is from Fairstar holders that are unloading some of their free shares of Bza. With the low volume it only takes a few to cause this price drop. It makes sense. On the flip side, most of the other current investors are probably much like me in that I have already averaged down along the way a couple of times at higher prices, and are already over extended in this stock.
So, even though this looks like a very enticing price level, many of us are already substantially over committed at this point and you need to wisely draw the line somewhere in order to not commit any more to a somewhat risky venture. Thus, the sellers are winning the battle and the stock price is lowering which is producing a wonderful opportunity for new investors with new money. Wish I was one, but I'll just have to wait now for news of eventual success and much better days in share prices with what I already have.