Spot on, people are forgetting the basics here. How many companies grow revenue 50% a quarter for over 2 years!!! Additionally, they have a solid plan going into the US, with a clear path to continued growth, and results so far are only outperforming expectations. The SP was always going to have a breather after growing so quickly. Dont be fooled by the low volumes of buyers in the queue, all the potential buyers are sitting on the sidelines waiting to jump on once it looks like the trend turns positive or if the SP just gets so low that they cant resist. Sellers are either lacking knowledge, fearful of further drops, traders who cant afford to hold on long term, or those who just need the money for something else urgently. But for those of us who have been around for a while, we have experienced this exact trend several times now. Its the same thing, the forum is always fearful when the SP drops, and courageous when its at a peak. The exact opposite of what it should be. People should be courageous now when the SP is low, you are getting a bargain! And by the way Sydshare, why are you shorting at these prices that are the lowest in about 2 mths! We could honestly be at all time highs in a matter of weeks, and you will miss out on those gains!
- Forums
- ASX - By Stock
- BIG
- BIG Fundamentals Thread
BIG Fundamentals Thread, page-107
-
- There are more pages in this discussion • 536 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online