Being invested in this share sometimes feels like wishing one's life away. Roll on this date, then roll on that date. Those dates bring more of the same - nothing! People have been very burnt by trading bigger oil stocks (eg Tullow Oil) - and are very cautious right now. This share is suffering due to macro economic conditions - which continue to look bleak. I hope I am proved wrong, but in the meantime, I'm going to get back to my dance classes, and just set my price alert with the London Stock Exchange.
O' if it were as simple. if the market just worked on supply and demand, I and I'm sure many others would be millionaires by now. But I think you will find there is plenty of wheeling and dealing and not in all cases legal. For example, in Nov, I covered the BP (Houston) case for illegal trading which they were fined a $100,000, not that I am suggesting for a moment that anything untoward is happening with BLVN share price. However, if you research what fund managers are doing with BLVN a better picture emerges. Take. for example BCS Asset Management global equity fund who are picking up BLVN shares ready for the rebound Why? Well they (quote) "look much more attractive on valuation grounds" and more to the point (quote) "at these levels, they also become attractive M&A (takeover) targets".
I admire your honesty in supply / demand dictates (as indeed it should) but they don't call AIM the 'Casino' for nothing.
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