Post by
arh0070 on Nov 17, 2022 11:51am
Bnxa
Bnxa seems to be trading on the otc this am 25,000 shares at 0.25 Us .Doesnt seem to be trading on the venture exchange .Not sure how to explain this and no apparent news release .
the Ftx affair is at least a 20 billion dollar loss and Block fi the same amount if they both go into Bankrupcy .
Regulation of the Crypto industry is sure to follow worldwide .
Quite a story ,Ethe around 1200$ and BTC in the 16500 range down from 4600 and 65000 just over a year ago respectively.
Based on prior bear markets this one will recover ,this market tends to go in a 4 year cycle.from top to top or bottom to bottom .so one would imagine we are within 6 months or so of the bottom .Time will tell.There will be great bargains to be had and great profits to be made for those with Cohonas,money to invest and patience.Buy when everyone is selling and sell when everyone is buying is the mantra .
Whether to buy bnxa at these levels or not is the question ,clearly a better buy than at 8$ a share ,not sure what I will do ,may nibble on a few with money that I can afford to loose ,if bnxa survivies the next year then one would think it would be a great buy at these levels ,risky business obviously.
Not a trading opinion ,I am just a personal investor and trying to decide if its worth a spec.