BTA 0.00% 57.0¢ biota holdings limited

a leap forward, page-11

  1. al1
    2,019 Posts.
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    at this time i am buying ..appears we stood ona bear trap...but can't see any reason to change my past opinion of the stock...also my not so impressive thoughts on management still remain...

    ...however....no fundamentals have changed.....what was in the cook statement was no new news ...the markete already had that information..

    brokers who re-rated bta to 160 had that information....

    i think some shorters just moved in, follwed by T+3 sellers and as bud suggest some shorts may be hidden in cfd's and others fell in line with the fall chasing it down

    i havent seen any change in major shareholders as yet but the volumes don't suggest to me any selling by a major holder...on the contrary i feel they were buyers.....

    this has been a major shake out....a big shock....maybe bta just ran up too fast

    i will just sit on the sidelines snipping away at what i feel is a good buying price.....
    good luck

 
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