Yep, I knew it... Danube is a CFD trader and by the way zero sum game is index trading and not equities. Unlike shares, in index trading there is only one buyer contract for and equal seller contact. Get your fact right.
"..Sell inflated BMN to newcomers..." This is where when I read crap I can also smell it. When you can't find an answer use the most ridiculous cos it makes you feel intelligent. The word 'inflated' in your reference refers to more believers which is why there is a buying pressure thus the SP goes up. Would you call IPL inflated???
No one is blaming you for the fall in the SP. Anyone can see U sector is not flavour of the month but even in this unloved sector, gems can be discovered and I perceived BMN to be one of them. You beg to differ, I respect that. But I can't stand dillusion conjecture to justify your arguements .
You are happy with win/loss ratio of 51%? I sure hope that you are not day trading cos you will be making only "token money" net of expenses.
So you made some "token money" trading BMn. Hell, I thought you had shorted at the $4.00 range and buying it back this week... Can you imagine if this is the scenario. Let me think... yep, civil war in Namibia, you guys better sell all your BMN stock...
And it is "pawn" not "prawn"
AJ
new trading pattern in place, page-21
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |