My first post on BOT.
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For those reading my posts for couple of years back on Li/U stocks, I had mentioned about BOT. One of the stocks I had played from mid and high teens to mid 36s, long time back. But never wrote on the thread.
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From a weekly perspective, BOT had a small gain. Moved from 30 to 32.5.. Nothing significant. But positive./
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So what is happening with BOT? To be honest, I have playing BOT for a long time. We see sudden big jumps in few days, or big drops in few days. In between ignorance is best. Its still around lower levels of its play, though.
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So why am I writing today? I have been playing BOT for a long time. I use to write in my Weekly Reports. Last week or so, gave me another play, hence I am writing. I have been watching BOT for a long time, and I feel a play towards 40s is possible in next few weeks.
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Personally, I have picked up a fair few BOT at 29c average, some at 28.5/29/and even 30. It looked good for me. It was looking great when it seemed. My buys are in high 30s, am I ambitious?
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So what may happen next next week? I feel the down play towards 28 may have been done, but good to never rule it out. If people can think of a reason why it went down towards 28, they may be better placed to play in short term. Are you?
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