RE: o/t BCN16 Mar 2019 17:37
Wrong I`m afraid waccy, if you were following the move closely, as you would as a BCN shareholder, the share price was vulnerable to a short attack, the attack happened on Monday. Tues they issue the `we don`t know of any reason` etc
So that immediately put to bed officially the shorters claims of a 10p placing to raise funds, that was the rumour and the orchestrated move.
The market opened on Tues and I couldn`t believe that in the first 5-10 minutes you could still buy under 14p even though the Company had put to bed the rumours.
It didn`t take a genius to work out, if you`d been following the BCN story. I`m not claiming that I always make the right moves, nobody can, but this one was screaming off the page....any of you would have taken the opportunity if it had been a similar situation with SOLG, because you would have following it.
It was an island of order in a sea of chaos..too obvious since the rumours had been put to bed that the fall was probably over.
By the way waccy, please read my posts if you are going to respond, I did not at any point say that I had sold those cheap shares, I said it had risen at one point to being a 100% profit if you had bought under 14p, the sell price has probably touched 27p since then.
I bought those shares as part of building my position
Strider, you really are the Shirlock Holmes doing your research on me.
I trade shares using the charts short term. I also have another aspect of my cunning plan. I also invest in company`s with a more medium to long view, buying the dips sometimes to add to my building a position, I`ve been doing that since the start of the year with BCN.
Tuesdays buy was a fundamental decision due to the wording of the RNS, not a technical one.
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