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

BAP

Click for more information

3.80%

$5.19 bapcor limited

yup, have tried to understand why this stock should be falling...

First 38 Last

Share
Profile

Follow
vivRookie

5,799 Posts.

543

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

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

FHE

Frontier Energy achieves key milestone for Waroona energy project

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

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 $5.19		Change 0.190(3.80%)		Mkt cap ! $1.761B

Open	High	Low	Value	Volume
$5.00	$5.19	$4.98	$10.84M	2.112M

Buyers (Bids)

No.	Vol.	Price($)
2	706	$5.17

Sellers (Offers)

Price($)	Vol.	No.
$5.19	8698	3

View Market Depth

No.	Vol.	Price($)
1	3000	5.100
2	14135	4.950
1	2028	4.930
2	1203	4.900
2	1961	4.890

Price($)	Vol.	No.
5.200	25974	13
5.210	1150	1
5.230	441	1
5.240	2032	2
5.250	9322	4

Last trade - 16.10pm 21/06/2024 (20 minute delay)

BAP (ASX) Chart

SPONSORED BY