What a piece of ... this stock is. Seriously.
It drops from $32ish to $24ish then to $16ish without any real bounce to at least $20 by now.
It has no balls. I don't hold BHP shares but have bought $18 Jan calls in the $17's and it just keeps dropping. Would never invest in this stock and have money in it just deteriorating away. My fault for trying to catch a falling knife. A falling knife it is.
What an absolute waste of time and money.
Would hate to see how this steep drop (who knows when it will end) has done to the big super funds.
I'll lose my small investment but i seriously think this is going to drop to at least $15 in the near future before any significant bounce to potentially where we are at now.
All i can say is WOW. Welcome to 2016.
Any one who thinks this is going to $20 and beyond in the near future is kidding themselves (me included until now) - not with record low levels of IO, the POO slowly heading to $30 and below and a potential dividend cut and what is looking like really bad upcoming HY results.
Money better spent elsewhere. Or better still - in cash.
Anyway, rant over.
Good luck to all holders. This thing has no balls. Scary times ahead.
BHP is the worst investment
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Last
$43.56 |
Change
0.390(0.90%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.64 | $43.73 | $43.26 | $211.2M | 4.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11133 | $43.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.57 | 5435 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |