BTA 0.00% 57.0¢ biota holdings limited

overhyped and very risky

  1. 4,747 Posts.
    lightbulb Created with Sketch. 1005
    The management of BTA came out and said that the current "pandemic" was overhyped. The CDC in Atlanta reports that between 1993 to 2003 the average number of flu deaths in the USA was 36,171. In 2005 this was 63,000 and in 2006 was 56,000.

    The current swine flu has killed ONE person in the USA. The US media is beating up this issue for political reasons Obama wants nationalized healthcare and will not want to waste a good "crisis".

    The technicals look very "iffy" on the BTA SP. On Balance Volume indicates a decent stock dump into the market. At 40 cents the shares were very cheap, at $1.35 she looks like a shot on the roulette table. Might be better to lay some money on the Kentucky Derby and gulp down a few Mint Juleps (good burbon whisky, some sprigs of mint and a little powdered sugar and water) to fortify your gambling spirits.
 
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