This becomes interesting how do you all call a prediction in a price pessimistic. Its only pessimistic if you loose money because you are a day trader or have a short term view. I did predict a crash this year and some hot copper posters among others were critical now you all seem like it never happened, thats a bit foolish.
The blind leading the blind I would say.
I have spoken to manny directors who reguard hot copper posters as nutters, but a necessary evil to drive up share prices when they need easy capital.
I can see some of you will then argue that you have done well out of penny stocks etc but much of that success is due to luck and you have bought the company that luck by giving it a cash position. We really will not know if you are successful unless you are in that stock in 5 yrs.
If you use that mentality too often you will get burnt and that same logic does not apply to blue chips like bhp.
Blue chips are contoled by mannaged funds, super funds, hedge funds and manny factors with a lot different objectives that can change very quickly. This makes blue chips very unpredictable, even more unpredictable than some transitional mining stocks. If you take a high risk position in blue chips you will get burn and manny ppl do, thats why I beleive there will be manny large swings in blue chips like bhp. It has nothing to do with pessimism.
- Forums
- ASX - By Stock
- BHP
- 10 percent down from high and free falling
10 percent down from high and free falling, page-38
-
- There are more pages in this discussion • 16 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
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$42.78 |
Change
0.140(0.33%) |
Mkt cap ! $217.0B |
Open | High | Low | Value | Volume |
$42.25 | $42.97 | $42.14 | $223.0M | 5.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10160 | $42.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.79 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600 | 42.770 |
2 | 149 | 42.750 |
1 | 5 | 42.720 |
2 | 1023 | 42.700 |
1 | 1 | 42.510 |
Price($) | Vol. | No. |
---|---|---|
42.850 | 5000 | 1 |
42.900 | 4300 | 3 |
42.920 | 460 | 1 |
42.950 | 500 | 1 |
42.960 | 200 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |