Forum Archive Index - February 2001

[aorang@voyager.co.nz]

Nick,
I think the massive number of shares on issue by BRY cause 
substantial problems in getting an upward movement in the 
shareprice. A large number of small investors must still hold shares 
bought at high prices and their eyes must light up whenever the 
price looks like moving up. I think many try to sell very quickly into 
any rise forcing the price down again.
I notice BRY are wanting to consolidate the shares to reduce 
numbers on issue. perhaps this will help if passed.
The other thing of cause is sentiment."Once a dog always a dog"? 
also "once bitten twice shy" must be in the thinking of a lot of 
investors. Why go there when so many other good opportunities 
exist?
JMHO 

Regards,
Moose


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