I think everyone needs to calm down a bit and not be so aggressive towards Bullsnuts... I think he is just more of a blue chip investor trying to understand the speculative (and sometimes wholly too optimistic views) held here.
@Bullsnuts - I'm typically someone who aligns more with you're thinking, and your points are very valid. I remember I got in at RAP at 5.5 cents, watched it go to over 50c, then eventually tumble back to 8c. What happened? It was speculated on and priced in for growth and then heavily hindered on its pathway to commercialisation when it had below expected test results after management had flagged everything positively.
I got out of RAP at around 12 cents (and that was over a year ago so not a bad time I spose looking at the returns) and shifted my one speculative/growth stock I allow to PCK, purely because I thought as a medical tech application it was better progressed and I could see it having a decent market (as well as first mover advantage) in the elderly and children. Their licensing and ease of use could cause it to have a steady revenue stream in a global market. Again... could, but higher risk, potential higher reward - and as with life, who knows what will happen.
Having foundational/technical analysis applied to growth/speculative stocks generally doesn't work. More of a case of your own research for what information is out there, how credible you find the management team and whether you are willing to dream big (or lose on the basis of it).
Unless I am mistaken this thread is called general discussion, and if someone comes here asking questions and you truly believe in what you're investing in, why not take it as an educating opportunity, or atleast explain your thinking rather than telling someone to invest or bugger off... its not productive.
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3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $57.25M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.4¢ | $13.34K | 391.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 241364 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 421180 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 241364 | 0.034 |
5 | 701773 | 0.033 |
4 | 340572 | 0.032 |
4 | 427411 | 0.031 |
9 | 4306666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 421180 | 1 |
0.038 | 15999 | 1 |
0.039 | 149999 | 1 |
0.040 | 103150 | 2 |
0.041 | 44192 | 1 |
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