BCT 0.00% 0.6¢ bluechiip limited

Slow and Steady BCT, page-84

  1. 1,103 Posts.
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    This has happened several times with this stock- aa liquidity varies a large buyer can easily push it down and drag traders - who are there for a quick buck - to create volume at lower levels.

    The last 3-4 times this has happened with a 15-20% price drop, it led to the next rally ( as low conviction sellers were out and holders have much higher price targets in mind).

    Lets see how this goes but for me if its 15,17 or 19 cps in the scheme of things it does not matter vs where i expect this to go in the long run. But everyone plays different games with different horizons.
 
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