Post by
chrispi on Feb 06, 2014 10:40pm
the market talks and doesn't listen to you
I'd say 90% of the posts on the BNC board are negative about the company. Does it not tell you anything when they release news like they did today (which on first read through even I was disappointed) and the stock closes down .005 on big volume (for this stock anyways). The panic sellers shares after the halt were quickly scooped up. If you know how to trade this action tells you that there is probably good news coming.
Remember, they said the sale of the AH division was still going on. I'm not sure why it is taking so long but that could be for good reasons (bidding war) or bad reasons (lower price than expected and they are holding out and negotiating for more).
Again, the market is speaking based on today's action. If the "big boyz" (anonymous) wanted out they wouldn't have been buying today, they would have been selling.
I think there is more than a few posters here who either hate this company (for whatever reason) and can't see the light and their new direction or have an agenda for posting what they do.