Posted On: 03/02/2013 2:54:59 AM
Post# of 16816
I don't mind you asking, but I don't discuss my trading strategies and tactics in public.
$BCAP has a lot of support from its shareholders in general, which is really indicated by both the level of bid support and the trading price over time.
As I've explained before $BCAP's price is due for ticks higher based on the number of shares traded at various price points. It was always going to take longer to fix a solid base with such a large float. Once that base is fixed you'll see a very different trading pattern.
When Matt publishes the Q and is able to release PR's, trading will return to higher volumes and the base fixing will occur much, much faster. The share price has no bearing on the company performance. Its actually too low, even with the STOP in place.
Matt has managed $BCAP very conservatively.
$BCAP has a lot of support from its shareholders in general, which is really indicated by both the level of bid support and the trading price over time.
As I've explained before $BCAP's price is due for ticks higher based on the number of shares traded at various price points. It was always going to take longer to fix a solid base with such a large float. Once that base is fixed you'll see a very different trading pattern.
When Matt publishes the Q and is able to release PR's, trading will return to higher volumes and the base fixing will occur much, much faster. The share price has no bearing on the company performance. Its actually too low, even with the STOP in place.
Matt has managed $BCAP very conservatively.
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