Post by
flyman12 on Feb 15, 2023 9:46am
disappointed
I just can't understand that the share price is still behaving like a penny stock. I was sure we were past that. Apparently not.
Comment by
BBDB859 on Feb 15, 2023 10:58am
We are past that. The stock took a real run from $59 range to $68, pre ER, so now there a retracement on profit taking. This stock needs patience.
Comment by
flamingogold on Feb 15, 2023 11:11am
859, in total agreement with you. Just as easy as it overshot to the upside, it will overshoot on the downside. That's what markets do best. Patience removes the volatility and only the long term trend matters. Anyone who believes BBD is worth less today than in 1 or 2 years from now should sell. Otherwsise, ignore the noise.
Comment by
jx7000 on Feb 15, 2023 11:20am
It's just the ol' "buy on rumour, sell on fact" process working out right now. It took me a few years to learn to recognize this process but I did "sell on fact" at $65 and $66.
Comment by
bicente on Feb 15, 2023 11:33am
it's the only way the MM can buy cheaper shares , they drop the price and scoop them up ... if there is no frenzy-buying they can drop it terribly low , just like they did with the great news of Q4 ... the markets are vicious going up OR going down ... timing the market is close to impossible so long term is the safist way to survive ..GLTA