InvestorsHub Logo
Followers 278
Posts 12043
Boards Moderated 10
Alias Born 02/09/2003

Re: Cassandra post# 784

Monday, 06/17/2013 9:23:25 PM

Monday, June 17, 2013 9:23:25 PM

Post# of 10048
Today's trading statistics indicate that at least one BRNE investor is losing confidence and trying to sell while there is declining interest in buying the stock as evidenced in the declining bid.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89037122

Today's bid dropped to as low as $0.26 and ended the day at that price on L2. Today's volume was also higher than the average daily volume over the last 3 months, but most trades were initiated as sells.

Investors who attempt to sell any substantial position in BRNE will almost certainly have to do so at a loss as the bid keeps dropping to new historic levels.