One reason might be that a number of investors feel that any price below $2.30 is very good value. I personally accumulate at this level and I imagine that I am not alone. Most investors that understand the oil business know that BRU is severely undervalued and are prepared to be long term holders . Shorters will be anhilated when the news flow starts and covers the crucial events of drilling, proven reserves, farmin deal, sales contracts , development plan. To all those morons that lend stock to shorters, you are doing short term damage to the stock, allowing manipulation , and if I had my way you just might be legally exposed. In the long term nothing will stop BRU . We have massive reserves, good management, a clear plan to monetize the assets .
BRU Price at posting:
$2.30 Sentiment: Buy Disclosure: Held
