BIT 2.22% 4.6¢ biotron limited

$1.00 On The Horizon, page-691

  1. 2,406 Posts.
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    Some thoughts,

    There are lots of new usernames popping up on stock forums, technically I have been on hc since Ron Gully had the site way back around 1998 as a bulletin board service. I have a feeling that the amount of new users is something like pre 2000 when all the tech stocks went nuts, we were making huge money on anything tech until the Nasdaq tanked and we all lost our shirts. So what is driving all the new blood into investing on the market? Maybe the lack of growth in the housing market is directing money into our market? If it is then it’s going into the speculative end by my gut feel. We may also see divestment of property and that money also being pumped into the stock market, all this hot money (if it exists) is going to massively spike share prices up on good announcements, I suspect just one positive announcent on BIT may pop it past 50 with a couple of good days. As long as the US market doesn’t blow a gasket we are looking for significant upside. Imho.

 
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