BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt-BUD.AX, page-29

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  1. 9,821 Posts.
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    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
 
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