Speaking of Tez1, where is he?

First 994 Last

Share
Profile

Follow
ptw

2,935 Posts.

290

19/11/18

11:17

Post #: 36554987
Share

Originally posted by Nutler ↑

Originally posted by Asimpletonne
I get that someone would have that view,(waiting for the science ect) but at this is the game of speculation. Its always been the view at this end of the market that the smart people wait and see the science, results or confirmation of concept before entering. Others are trading or willing to take the extra risk and getting in early for a much bigger reward, doesn't make them smarter or dumber just different view on risk. The conversation should be a civil one and should simply be "i appreciate the view of others and i wish them well but I'm waiting to see some confirmation before entering. The reverse should also apply. Its also pretty obvious that some are venting anger at a loss position or the fact that they have missed out.
I had a price re entry of 11c where i felt it was over done and reasonably priced for the possibility of a partnership or bigger deal.
At the same time i cant help but trade the momentum.
I personally believe that even if the science is not as convincing as we would hope, it's simply too much for a bigger player to walk away from. Some of the bigger pharma companied would spend the Bit MC of an office lunch. I personally think a bigger partnership is likely to help BIT see this through to some stage where others will be convinced to take it on bit time.
So I see two phases here.
1. A partnership to see the early stage results through to something more attractive for the much bigger player.
2. Once this is achieved a total take over.
All in my opinion. so do your own research and understand your risk profile.
Also, I entered at 3c.
More happy than less happy to risk it for the biscuit.
Less happy to than more happy to read another Davisite post.

#bringbackTez1

Expand

Speaking of Tez1, where is he?

BIT Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

AWJ

Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance

CUV

British study shows Clinuvel drug effective on DNA of UV-damaged skin

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

RZI

Raiz to exit Malaysia; focus on Australian business growth

There are more pages in this discussion • 45 more messages in this thread...

First 994 Last

Add BIT (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change -0.002(5.00%)		Mkt cap ! $36.09M

Open	High	Low	Value	Volume
3.8¢	4.0¢	3.8¢	$4.589K	120.7K

Buyers (Bids)

No.	Vol.	Price($)
3	250232	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	176124	2

View Market Depth

No.	Vol.	Price($)
3	250232	0.038
4	632000	0.037
4	373512	0.036
6	753214	0.035
3	630000	0.033

Price($)	Vol.	No.
0.040	176124	2
0.041	127443	3
0.042	117600	1
0.043	432000	2
0.044	140000	1

Last trade - 10.53am 05/07/2024 (20 minute delay)

BIT (ASX) Chart

Speaking of Tez1, where is he?

Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance

British study shows Clinuvel drug effective on DNA of UV-damaged skin

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Raiz to exit Malaysia; focus on Australian business growth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Speaking of Tez1, where is he?

Top Stories

Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance

British study shows Clinuvel drug effective on DNA of UV-damaged skin

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Raiz to exit Malaysia; focus on Australian business growth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News