Forum Topics BVS BVS Management

Pinned straw:

Added 7 months ago

Old news now but the CEO has put in his notice.

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BVS sank 15% at one stage.

Think it was an overreaction as I can't see anything to worry about but it is a negative still. So after dipping to 1.86, I added under $2 when buying returned.

I'm sure we'll get the usual lecture from other members and the usual lecture from Jim Cramer that we should start running from the hills instead of buying the dip!

[held[

OxyBBear
Added 7 months ago

I have this on my watchlist after the impressive turnaround although the ROE is currently below my minimum threshold. However ROE forecasts are well above and I wonder if I missed a golden opportunity to initiate a position below $2.00.

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thunderhead
Added 7 months ago

The market was rightfully jittery as Andrew did a good job steadying the ship, and his somewhat abrupt departure was a negative surprise.

The good news is PineTree Capital's involvement (the acting CEO is also from there), and their recent on market purchase of a large amount, adding to their already substantial stake.

I had already bought another parcel before this news hit, so I didn't take advantage of the drop. It is rebounding rather quickly.

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OxyBBear
Added 6 months ago

Looks like Damien Leonard has outlayed another $3m buying BVS shares at around $2.15 per share.

Held.

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