ive had a lot to do with small cap stocks.
because they arent widely known their share prices tend to move at odd times - outside the commodity stocks where the spot price is a factor
I'm not convinced BUD needs more earnings news to move - i think what it needs is
a) tech stocks to come back into vogue, and/or
b) investors to form a concensus that IoT analysis is reaching critical demand mass and that BUD will capture a big enough share to win in that space
while a lot of times early buyers of small caps assume cashflow will send a stock up - in my experience thats often been incorrect.
i think on the whole people buy tech stocks for chances at amazing expansion rates. so once BUD can amply show that - then i think the buying will move north.
its always $64 question on just when that might occur.
i will also say - right now the smart money - the older gents with the big bundles - is generally taking chips off the table - equities wise.
and i think most stocks need that money to come back before they really charge north
I think this is why the bots are playing shenanigans pretty much unchecked across all the small stocks i own. there's no big money pushing back - just day traders and small retail investors.
my 2c
- Forums
- ASX - By Stock
- BUD
- Ann: Trading Halt-BUD.AX
Ann: Trading Halt-BUD.AX, page-29
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)