Club Mulgoa

Thursday, September 13, 2012

BDR

I could not let it pass.  At 79c, I missed out so I went for 80c and picked up a small parcel at 79.5c.  The announcement today is so good that I wonder why it didn't close higher.  I was one of the first people to notice the announcement.  I chased it from 78c, then 79c and when it settled at 80c, I went in and bought some.

If you look at some stocks, when a good news is announced, the share price jumps.  But when BDR or ABU get good drilling results, the market is so indifferent!  Fatigue must set in but I only look at value.

Talking about value, I wonder whether anyone has looked at RIA....

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