RE: BMN Earnings Per Share7 Feb 2019 21:50
Larky, for large stakeholders (some on here multi million Bmn shareholdings!) its quite difficult or impossible to swing trade in this smallcap share. Haha, and what if all sold at the same time?? Where would the Sp go? :))
Totally different game for a trader, who works with 40-50k pounds in a share like Bmn, or with some 200k in a Ftse share, like that copper... These sums are pocket money for some of the loud holders here, who said their profit was down 300 or 500k, merely since December!
Another thing to consider is that the current monthlong bearish trend, as signaled from 20th Dec, has almost completed by now. In my opiniion the last meaningful sell alerts have been 48, 46 and 44p, as posted here. Whats the use to sell now, when Bmn is already bottoming out (and the max bottom might be 31 or 30p)? Each to their own decision how long stick it out.
Sudden RNS...? If you're a trader you always place several auto buys in a decent distance of the current Sp, in case there is a rebound.
No advice meant. DYOR.
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arent we all better off selling all our shares now, and buying them all back when they get to 25p, the only risk is some good news, but what happens then the share goes up by 20% which off 25p is 5p, so no real risk from where we are now, we just buy back in? Larky