Hi guys, I just want to clarify a statement I made in the above post about a "repeating 1000%'er" as I hate ramping, and crystal ball gazing.
So here is what I meant.
In the 15 years I have been involved with trading, on very rare occasions, you will see a specca go from .001 to 0.01+ in a trade hop (quick trading period)
Now if this stock is in a market sector that is both pioneering, and has media attention, good ANN's and good management, then you can sometimes be lucky to see a 1:1000 event called the repeating 1000%er over relatively short trading periods. e.g. .001 > .01 : .01 > 0.1 : 0.1 > 1.00. We have seen some examples recently in the Cannabis stocks.
Now we will watch BPG's behaviour, notices out of management, and the corresponding market response to determine the behaviour of this stock.
Today we have tipped 0.01 again. Please check this out or completely ignore my comment, as a single traders opinion.
GLTAH.
Cheers .....59
- Forums
- ASX - By Stock
- BPG
- What do you reckon?
What do you reckon?, page-27
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review