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Re: MontyHigh post# 5742

Thursday, 10/25/2007 12:52:07 PM

Thursday, October 25, 2007 12:52:07 PM

Post# of 36153
BN made me sick.

First the company put up some insane number like PE=2 on its presentation, which was a lie.

Second the company never forthcoming about its recover rate, only put up some rumors that it is 85% something, which IR even can't give me an answer.

Then out of nowhere, it diluted its share count by 30%.

This is the company I don't want to deal with. Given the PP is at 56c, Desjardins has to support the shares at around 55c. I used the opportunity to unload most of my BN yesterday at 55-56c and bought some back at 52c, then unload again when it bounced back to 55c. Free money anyway.
But I don't feel like doing it again today, I am getting sick of the company. I am still holding 30K, probably will unload when it bounce back to 56c area.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
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