BPP 0.00% 0.6¢ babylon pump & power limited

building well in pre-open, page-13

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    Yep, it's nice of some to keep warning us but you have to wonder why a lot do. They trade it, just like the rest of us, and buy on the dips and sell at the highs

    Some of us choose not to downramp and use scare tactics, we just trade the momentum.

    159m shares are through already, once traders see it isn't going to fall more, they pile in, and up it goes again, then hits a high, then pulls back, and so the cycle continues.

    Just look at your PRR, NEU, etc etc
    Don't look too far into this, they have acquired a new business which will turn over $7m revenue PA, but this is moving on momentum, pure and simple
 
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