Member Info for marc001

I've read BBN's recent post and personally although I appreciate his analysis and there's some fair points in there, my take on it is this. Yes, there's uncertainty, yes there's unknown's, but honestly - it's a penny stock and your going to have those. Maybe the SP bottom isnt in yet, but is it really all about that. For me it's a risk versus reward based on a long term outlook, and down here it doesn't appear to be too bad. Very few investors will buy at the SP bottom, that's the reality, but of course in the investing world everyone thinks they are a genius and can.

So to conclude - BBN's post, I'm fading it.

https://www.nytimes.com/2023/04/08/climate/biden-electric-cars-epa.html

HarChris - I agree, when the SP is just going sideways it’s easy to become fixated with small movements. One day it will move sharply in the other direction and those sidelined will be caught off guard. Only takes 1 or two major buyers to clear the order books and we fly up.

Seems 4p is a sensitive SP zone - either support is very strong there or someone doesn’t want that zone breached. To be fair, BMN would be ridiculously undervalued below IMO and possibly would infer there were issues and I’m sure that’s not what the company want new potential shareholders to consider. Theres value and there’s a value trap.

Cindercone - you must be confusing holders with traders re: BBN, Sanchez, Ophidian. Last I heard re: BBN still holds a portion of BMN. Regardless, I don’t give a monkeys what anyone says on here - everyone has an agenda, what’s yours…

What the trolls and manipulators don't realise is the hardcore LTH's amongst us wont sell point blank, so long as we know the company's fundamentals are intact. So they can attempt to hold down the price, but do so on borrowed time. Oh, and thank you for the opportunity for one last major top up at these levels coming soon.

Think about it… why would the large players try to accumulate at super low SP’s where every man and his dog wants in - they wouldent as too much competition.

What if this whole 4-6p range was accumulation? Not saying it is, but it could be. Large positions aren’t acquired in a couple of weeks, but they are over months. Just enough volatility to cause PI’s to think twice about going in, when 3p looks like a reality. Just my opinion.

There’s a time for communication and clearly it’s not now. People on here saying ‘Fortune doesn’t communicate well’ - just like a SP reversal it will come all at once and when you least expect it so far as news flow IMO.

This isn’t a share for the weak conviction types. And those who try and time the absolute bottom in this it will make a mockery of you. Fear and greed clouds judgement when investing.

HMHG - 'Investors face financial ruin' - lol, bit dramatic aren't you? IMO BMN has never been stronger. Yeah sure, SP doesn't reflect, but it's always dark before the dawn.

When BMN turns and leaves those side-lined chasing it will be a thing of beauty. And you will be gone, because your only hear to try and persuade people to either not invest at the lows or to sell if they already have. That's your only possible motivation for posting on here, as your not invested.

Anyway, keep up the bad work, nice echo chamber you got here.

If that's the case and it was a buy, someone must know something. Heck of a sum to put down if your not sure which way the markets going. IMO, DYOR.

Knuttie - No, I am waiting for a transfer in to complete on my SIPP, maybe another week yet.

Only thing dropping here is the SP unfortunately. Someone wants out...

Another 350k shares at current price, maybe 400k+ if we go lower. Into SIPP for long term hold.

Planning a final reasonably large top-up, waiting for the 3’s if we get it. The low was 4 on the nose, I’d like to see if that gets retested first. Happy to be patient as we’ve been in a 4-6p range last 6 months and in reality SP has been going sideways so far.

Not entirely unrealistic, circa 2p a month gains needed to achieve that.

On the institution’s front, won’t get them investing on the open market, too illiquid for them to build a position without moving the SP. I wonder if they will step in ahead of the next phase in BMN’s production growth plans. Either that or if there’s a cash raise to pay off the CLN’s due in Nov and they enter then, hmm.

They don’t need to short either, just enough sells to cause cascade/ waterfall sell off. Call it a ‘gentle push’ off the edge, that’s all it takes.

Oh they all contribute, but it’s definitely manipulated by larger players. Wouldent be AIM without manipulation.

Here’s the great thing for sensible investors:

Only the SP can be manipulated down, not the fundamentals of the business. That’s why all the trolls can lean on is the SP - broken record.