You see I have gotten "used" to the BGD since March. There will be news, and the stock soars. Then the next day it shaves off some gains, but there is always an average of shavings that occur until it bumps along at a certain up and down pace until good news happens again, and the stock goes even higher. The reason we are having losses each time is because the majority, I believe, feel this is a good long term investment. ANd you have those who have been able to buy on volumes, and take the profits after each spike, and then the few that get nervous. As soon as this stock gets over a certain value, you'll have less speculators, I believe, then you will have long termers, and this will help make this a more stable climb. As Marsi said, this stock doubled in the past 2 weeks. I think most people whose portfolios rise as much as 10% on the year are patting themselves on the back. This stock has doubled atleast 3 times since March. I see the value of BGD going down in my account, but I know it's not based on anything else other then what I just said. Has anyone heard any bad news? No, you haven't, not before March. So why is there selling? Profit taking and nerves. I do have this to say with stock compared with the market...Some one, many people on this board have said in the past that BGD runs a different course then that of what the market is doing. If the DAX or ASX is down, this stock is up. Of everything in my "portfolio" when the DJIA, NASDAQ, DAX and so on is down, mine are up. I am not trying to get people from selling or buying. If they sell then I pick up shares when it gets cheaper, when you buy, what I already have increases in value. But BGD seems like a good long term investment, only worth selling, if news continues like this after 2012. So that's my take on it...
BGD Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
