BCB 1.96% 5.0¢ bowen coking coal limited

Receivers Playbook, page-35

  1. 13 Posts.
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    Chill out mate, I am not here to be a keyboard warrior.

    So I changed my sentiment, is that not allowed now?

    I bought in very recently as a risky play based on assumption this sell off was predominately SPP dump from Petra. I was going in with eyes wide open as there is many red flags to consider here. Then the sell off proceeded beyond what I calculated would be Petra offloading and associated minor stop losses. When I saw the shorts weren't increasing significantly I could also discount a short raid. Which leads me to think it is significant holders selling at a big loss and I ask myself why would they do that and where have I seen this before.

    This, coupled with the previous red flags, led to me changing my sentiment and offloading the stock to preserve capital. I had a trade planned, took a chance, it didn't pan out so I took a loss.

    No need to have a go at everyone who has an opinion. Your attitude will drive away genuine valuable discourse on BCB.

    I wish everyone all the best in this stock and I look forward to more data points for me to re-evaluate an entry.
 
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Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $146.6M
Open High Low Value Volume
5.1¢ 5.2¢ 5.0¢ $48.89K 959.2K

Buyers (Bids)

No. Vol. Price($)
13 1061081 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 133959 9
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Last trade - 12.57pm 17/07/2024 (20 minute delay) ?
BCB (ASX) Chart
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