RE: Ramping, Motives, or Hoping for Salvation ?18 Sep 2022 12:59
Purely on the basis of being invested here from 14p all the way up to the top and down to where we are today, without taking any profit, I can totally believe it’s possible. I also believe that I am amongst a large number of people who are in the same boat as me because I read comments from a lot of people who have accompanied me all the way. Many are no longer posting on this site but they are still about posting elsewhere and say the same thing, “waiting for the relate”.
I think the problem with shares like BMN is that there has been so many of us believing that the relate is just around the next corner, just another RNS before it happens, just need news to trigger something, that we have all been like rabbits in the headlights, too afraid to bail in case it suddenly reverses. There have been many disappointments on the way and things like the tardiness of the SA Government, COVID, the war, floods, Duferco, now the World recession have all conspired to get in the way of any reversal in our fortunes. I still believe in the reversal and more than ever I see it happening during the next 12 months. The evidence is there in spite of everything listed above which I feel will have little or no impact in BMMs recovery. The figures speak for themselves now. There is more evidence than supposition to go on so I’m hanging on regardless. Currently I am 75% down but still topping up and lowering my average as I go.
GLA