what to say...well no point re-hashing what BTA has ....its been done....so I'll move on to another area......nOT the takeover possibility....as its been done over and over.....
..But....the trading issue.....for months up a bit then down...volumes nothing impressive...but when they did spike ...then they were smashed down ..ever so carefully ...last time round it was to a new floor above 90c where it remained locked in a trading range below that $1 mark.....it had the life sucked out of it...ppl just gave up...sold out and moved on....all part of the mystic plan ...plans months in the making....consolidation I think everyone calls it....
damm scare mungering manulipative theft others call it....
....bots..dreaded little langoliers by another name...hate the pesky little things but they serve a purpose.....they ..in their own way make a market for a stock ppl have lost interest in...they keep its bllod flowing.....
their very presence indicates the interest of the money people....they have a plan...they have many with many stocks...each comes home when they are ready for the big run...and of course by then their holdings are vast and at a significant discount to the market price...they have been making profits and re investing in the stock....horrid ppl....but they serve a purpose....
....they exist to make money ...they have time...they are not cash strapped...their presence indicates they are preparing to make a stock run hard and in the end they will make big profits...for those who can hold on...big rewards....for those who jump ship...well the sharks win....
All of whats been happening has been happening in other stocks in other industries...one in particular comes to mind...
A completely different industry...mining....the stock ozl...
They played it for well over a year..bots and all....shook out the weak traders....
Like BTa...fundamentals and cash backing dictated it was a good stock....but past historical events and trading patterns suggested to traders it was too risky....this was where fundamentals went out the window...the bot men owned it...they dictaed the highs and lows ...OZL is very liquid ...easy to trade....so more cash backing is required to keep it on a short lease...BTA....well it can do some heavy trading but that appears to be well contained....for them its a low cash effort to contain as sentiment is at a low...and thats the aim...mop up
BUT just like OZL....the highs are getting higher and the lows are getting higher....its slowly climbing the ladders...the % rise is fairly constant but as the price increases that % creep translates into bigger cent rises...which we like....
I see BTA being primed like ozl was before ozl jumped from its last low of around aprox 118 to over 180...it was like the a firestorm ....but it hit a contaiment point and was pulled back then up and down....
I see BTa soon doing the same thing all bot men controlled then it will cut loose if a major ann is made containment becomes harder in the buying frenzy ..so they sit and wait for cool heads and see the profit takers move in....then they strike and go for containment again....for now its not a shorters stock as to low a volume on buy side to do any covers.....but on big vol turnover...then shorting can trash it to contaimnet positions....
Well in short...its being primed for a big run....good luck....forgive any typos ...its late....
- Forums
- ASX - By Stock
- BTA
- bta charts - share price set to spike?
bta charts - share price set to spike?, page-20
-
- 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)
Featured News
Add BTA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online