Share price movement8 Aug 2019 21:47
Iv'e not been on here much lately as I feel the company is sound, some brilliant RNS's lately, acquisitions and business going to to plan. I'm not interested in day to day sp movement, but thought I'd share a couple of things which help me deal with whats happening: Firstly, shorters don't short good companies that are undervalued, its financial suicide, they tend to short shares that have enjoyed great heights (BURFORD for example) and of course BMN, so, first positive: there aint going to be any new shorter activity on BMN. Our retrace, as painful as it is, is just what you'd expect a one-product company who's product goes down in value. If vanadium is our only product and it retraces by 75%, then a 50% retrace of BMN is actually quite flattering for the company. Thats a 25% markup on optimism. Its GOOD NEWS . Thirdly, we are in an uncertain time period for markets generally, many of my other shares have taken a dive recently for no structural reason. As an aside, I don't like reading the repetitive stories from LTH's on here about the old days and how they got in at sub 3p, its unhelpful and rubs salt on new investors wounds. And I don't like reading posts defaming other posters because they are negative (unless they are obviously trouble makers).. that helps even less. But, I have noticed that almost ALL the LTH's that were regularly posting here a year ago are still doing so today, and that is of significant comfort to me as someone who invested after reading this BB for several months before commiting my hard earned savings. BMN's potential is quite obvious, we have nothing to hide. But lets get back to being simply informative about BMN and leave all the worrying to the few shorters left in the game. There is only upside to see here IMO.