Australia's largest stock trading and investment forum Australia's #1 stock forum

BAP

Click for more information

0.20%

$5.07 bapcor limited

Ann: Bapcor FY21 1st Quarter Trading Update, page-38

First 38 Last

Share
Profile

Follow
vivRookie

5,853 Posts.

545

12/11/20

15:20

Post #: 48830448
Share

Originally posted by peejay2: ↑

Rookie, you have to try and understand why certain stocks are falling...... and in some cases, there are no good reasons. As you have seen, BAP has bounced back strongly only to fall today. Ask yourself why ?
And in some cases there are good reasons and sometimes there are none. BAP I would suggest has fallen because it’s near its top, and sellers may have sold in order to take advantage of more sharply rising stocks ie. doing a quick trade. To take a contrary view, I would suggest that as borders come down, that more people are going to use their vehicles for more interstate and intrastate trips, use their cars more, and thus have to spend more on their vehicles to make them suitable for longer trips.
Try not to just watch the market and say that it’s correct, try and think logically as to why a stock is moving, and sometimes there isn’t a validly logical reasons. FYI.

Expand

yup, have tried to understand why this stock should be falling today and could not have predicted it.. vaccine on the way, vehicles likely to me used more, other vehicle stocks up (APE and SUL) .. what about this one

BAP Price at posting: $7.37 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PMT

High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%

CXO

Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

RXM

Rex Minerals soars 60% on $390M Indonesian buyout deal from MACH Australia

HCH

Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant

WCN

White Cliff gears up to explore expanded Nunavut Cu-Ag-Au project in Canada

There are more pages in this discussion • 15 more messages in this thread...

First 38 Last

Add BAP (ASX) to my watchlist

(20min delay)
Last $5.07		Change 0.010(0.20%)		Mkt cap ! $1.720B

Open	High	Low	Value	Volume
$5.02	$5.10	$5.02	$3.983M	786.7K

Buyers (Bids)

No.	Vol.	Price($)
1	2156	$5.07

Sellers (Offers)

Price($)	Vol.	No.
$5.08	22107	6

View Market Depth

No.	Vol.	Price($)
1	150	5.040
2	7389	5.020
6	24669	5.010
2	4972	5.000
1	2972	4.990

Price($)	Vol.	No.
5.080	10906	5
5.090	9014	2
5.100	5972	2
5.110	300	1
5.120	800	1

Last trade - 16.10pm 08/07/2024 (20 minute delay)

BAP (ASX) Chart