BIT 4.55% 2.1¢ biotron limited

Ann: Trading Halt, page-301

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  1. 901 Posts.
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    Really, really hope the results and consequent gains in the SP are everything that people on HC are hoping for. I am one of the people who got caught in the 2018 rally and BIT still owes me around $0.20, after buying in at $0.28-$0.35, and then averaging down sub 10c. So I'm as positive as anyone on here.....BUT I have traded spec stocks for over 15 years and have lost count of the number of times a positive ann has led to disappointment. No one knows what will happen tomorrow, it might spike on open and sell off, it might spike and keep running, or it might be a big, huge fizzer. Not trying to rain on anyone's parade here, but the fact is that most of the biggest rallies post-ann are the ones that were completely unexpected, and this ann has been in anticipation for a long time.

    I sincerely hope I am very wrong though. Just trying to temper irrational bullishness, that's all.
    Last edited by scorpio7174: 06/09/20
 
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