MEMS Tech stock broke 2yr downtrend now heading up, page-166

Krusty; I am sorry if you are losing some money on BCT. Please have your own strategy in place and follow it strictly and take your call wisely.

For my trading/investment, though I thought BCT would go up today, it is a volatile stock and can take a turn anytime hence kept small parcel but at the same time placed two buy ordersone at 15.5c and second one at 13.5c and I am glad both has been filled. I am sure it will pay me off well in short-medium. But if it goes down further I know when to exit and wait for re-entry.

Though I day trade (Started recently in past few months) majority of my funds is locked for medium-long term. I even bought AJX other day at 17c but putting on side for next few months. If it goes down, will be buying more. Not saying I am always right but I win 7 out of 10 now a days and that more than enough for me.

You don’t have to believe in it. But Here is my calculation for BCT;
BCT : Total shares 127.5 M
Top 20 (51%) = 65 M
Tradable in Market = 62.5 M
Traded in past two days = 53 M with average over 16.5c
expect 30% of 53M will hold for short-long term in Personal + Super portfolio = 15.9M
65 M (Top 20) +15.9M (30% of these 2 days) = 81M (approximately) in safe hands. Some I even hold in my SMSF.

Now available to trade = 127.5 - 81.00 = 46.5 Millions

This will be very tightly held stock in next few weeks time and will move up very quickly.

However, as i always advice, please DYOR and invest/trade wisely.