Can history repeat itself.21 Apr 2021 10:29
Many of those posting or just reading the bb today will not have been here in 2015 / 2016 and therefore will have no idea just how similar the moaning, complaining, trolling and even questioning the ability of the CEO is to that period.
Equally there were those like myself who simply said have patience ... they are building a business and have faith that they will deliver.
I am sure many found that a hard message to swallow when the sp dipped below 1.5p from a normal trading range of 3.5p to 5.5p. However those that had staying power and the courage of their convictions enjoyed the rise from below 1.5p in 2016 to nearly 50p by late 2018. I will leave someone else to work out what that % rise was (Perhaps one of the derampers? Fizzy are you up to the maths?)
I see exactly the same pattern emerging now. The company quietly getting on with business (yes ... perhaps too quietly) whilst the negative hoards increases in number and confidence. Some even bold enough behind the safety of their keyboard to question Fortune’s competence.
Mms know that impatience is the pi’s Achilles heal. They are very very clever at taking your shares. The derampers and moaners simply aid and abet by raising questions, doubts and fears. Will you be one of their victims?
All evidence screams out that BMN is hugely undervalued and at some point will see a large and possibly quick re-rate, at least that is how I see it.
If history does repeat itself will you enjoy the benefit or will you have jumped ship chasing dreams elsewhere? No doubt the mm’s hope the latter. Your money ... your choice.
There is way too much noise on the bb (including from me). Keep an eye on fundamentals, the business plan and its delivery (plus of course the V price!)
Push the noise aside and you may well see a company with a very exciting future that is currently very undervalued.
I must stress this is just my opinion, NOT investment advice. DYOR. Make up your own mind. Don’t be led astray by the bb dark forces!