Posted On: 01/08/2016 9:21:49 AM
Post# of 5115
It's true, people pumping are generally the same ones selling all the way down. Happened in ORFG/BKEN and I'm sure it's happened here as well. That being said I still think it will move from these levels and the only way to make money is to avg down here.
The tricky part is going to be figuring out where is the safest place to avg. down. We know that despite the completely incorrect postings of some pumpers that BCAP still owns a ton of shares and they will be hitting the market at some point and probably are right now. If that's the case then we may indeed see trips.
The tricky part is going to be figuring out where is the safest place to avg. down. We know that despite the completely incorrect postings of some pumpers that BCAP still owns a ton of shares and they will be hitting the market at some point and probably are right now. If that's the case then we may indeed see trips.
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