re: went short more
Why do you believe the c#$p that's coming out of his mouth? Why do you give him the attention that he craves? Just ignore him.
Let me put forth my reasons as to why it's a bad idea to short BHP.
1) The fundamentals for BHP haven't changed - everyone is saying this and it has been confirmed by the 19% price hike for iron ore.
2) Shares trend upwards.
3) The drop in BHP's share price is a result of market sentinment and sentiment only. (closely related to 1 above).
Surely you could find a better share to short than BHP? Shorting on BHP, in my view, is very risky - but I'm no professional. That's just my view based on my three assumptions above. If my assumptions are proven incorrect then my argument doesn't hold.
I've bought a lot of BHP and while I could and should have bought more two days ago, my inexperience led me to do otherwise. Nevertheless, I think we can all draw comfort from the Director purchasing $1, 000, 000 worth of shares! Or do you want to take "Ispy"'s word over the director's?
- Forums
- ASX - By Stock
- BHP
- re: to close on its lows
re: to close on its lows, page-29
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$44.86 |
Change
0.280(0.63%) |
Mkt cap ! $227.6B |
Open | High | Low | Value | Volume |
$44.84 | $44.97 | $44.64 | $269.9M | 6.022M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | $44.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$44.86 | 13130 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 44.810 |
1 | 88 | 44.800 |
1 | 2500 | 44.790 |
6 | 204436 | 44.780 |
1 | 2500 | 44.770 |
Price($) | Vol. | No. |
---|---|---|
44.860 | 13130 | 1 |
44.880 | 3836 | 3 |
44.890 | 5408 | 2 |
44.900 | 22529 | 8 |
44.910 | 46 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |