You expecting to get rich on BOT as opposed to making a simple profit. I like your ideas but it also depends on your investment. Some would laugh at the choice of the word 'investment' for a purchase of a penny stock, which is what we are after all. Not me, not you. Not most of us but we are probably not traders I suppose.
Now back to getting rich. That depends on time and initial investment. If you put ten thousand dollars in at anything up to 13c, then what does one consider as a return in getting rich? For me, half a million dollars in overall profit would be 'rich' provided you had some favourable notifications from the ATO about your status. Don't worry, the ATO will win handsomely if we all get rich from BOT. So to go from ten grand to five hinge needs a fifty times share price gain. Hmmm.
But if you were a shareholder holding two million shares at 13c, then you know where I am going with this situation in getting rich. Many here have committed a lot and no one except each shareholder knows their strategy. Going back a year I think we were at 18c, and my own thoughts then were that I saw 27c in BOT. Then came Jala's favourite conspiracy friends and we got shafted. I cannot remember the MC valuation attributed to my 27c call, but I guess it was about 200mill. We are today on about 100mill so a question to myself without warning is am I going to sell before 27c since I didn't last year? Damn fine question, one I don't have an answer for.
But what I do know is that the biotech sector can be quite resilient to the general market conditions but if you disappoint you get whacked. NEUrons can misfire and paint a picture that Pablo picasso would like. Poison ivy or poison ivx can occur too. I am on my phone here watching Soulfire with little Stevie. Music dvds are a good diversion so go out and get this. It is brilliant one of the best in my huge selection. Back to getting rich.
So a lot of ramblings here but back to timing. Let's face it, anything upto today has simply been a painful exercise in faith. Man it has been hard but this next six months is our time. Think how fast the last six months have flown. We have had a 3month delay in announcing the results in the next ten trading days. And here we are. We dropped to 7c, now we at 13c.
Each to their own in their investment strategies. We have had some wins and some gains. Buying some at 4.3c two years ago makes me happy. Buying at 11.5c two weeks ago makes me happy.
Back to Little Stevie. Just great.
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $642.5M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.5¢ | $1.358M | 3.872M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1354176 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 82352 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1354176 | 0.350 |
7 | 291613 | 0.345 |
17 | 417670 | 0.340 |
4 | 45970 | 0.335 |
11 | 330481 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 82352 | 4 |
0.360 | 400980 | 12 |
0.365 | 279291 | 10 |
0.370 | 380223 | 11 |
0.375 | 493779 | 11 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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