No problems @jim4334.
You're right, there were certainty plenty of name smearing around here and irrational knee jerk reactions which made no sense as when contraerian posts were correct they helped SH by warning of possible downside, and if they were prudent, then possible gain by capital preservation. The recent SP bounce hopefully helped cure some of the pain with the falling SP. However, big interests in play imo, there will be posters with a professional interest who will always post in the same style- u get to pick those out over time.
For example, current calls of rallying ST to over 20c or that SP should never hv fallen below it- is ridiculous & pointless. Large opportunistic trader positions with deep pockets hv moved BUD to 15.5c to the upper Bollinger Bands and momentum is now looking overbought.
Yet the ST momentum, though looking peaky, IS bullish, and it looks like some not unknown trader types hv also joined the threads calling 4 higher prices! Lol. Retail buyers are still cautious but some are being enticed into higher prices buying depth. No reason why SP can't push abit higher AS LONG AS the traders don't dump. Otherwise, its play musical chairs time. Some are sitting on nice profits already since 10.5c and the market will need revenues to cement in any temporary or ST trader rallies.
My opinion only & is not investor advice.
PS: As for @1ronnie I thk he might be leaving these threads 4a while? To the loss or gain of readers, each to their own. Maybe grew tired w discussing it while the pros, continue with the daily 25c structured "guesstimates". Seen him around the ASX-General threads & for anyone interested, we still hv a few posts here & there, though for stocks with more established earnings. Changed sentiment none to hold as 10.5c was oversold & 12-12.5c wason neutral.
So, for the twitter fans or junkies, here is another good one. The verdict will be left OPEN, for the jury in 6mths- DM, the great technologist visionary? Or the great salesman?
BUD Price at posting:
16.0¢ Sentiment: Hold Disclosure: Not Held
No reason why SP can't push abit higher AS LONG AS the traders don't dump. Otherwise, its play musical chairs time. Some are sitting on nice profits already since 10.5c and the market will need revenues to cement in any temporary or ST trader rallies.
