BCT 0.00% 0.3¢ bluechiip limited

holding patiently, page-11

  1. 75 Posts.
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    My take is that confidence is low in this stock currently and so people get nervous and sell at a loss. No one can be selling at a profit at these prices.

    I will be watching each Appendix 4C quarterly carefully next year to see if the company is on track and starting to deliver sales more strongly each quarter. (end Jan, April, July, Oct)
    If so confidence will return to the stock and the price will rise.

    In these difficult financial times it is only sales that will drive the SP upwards, no one believes in promises anymore - only in dollar signs :<).
    I am sure Brett is losing sleep over the current SP price but the good news for the rest of us is that if you believe in the stock then it is a good time to accumulate more - which I did this week.

    I estimated a few months back the SP would sit between 0.008-0.012 until sales come in. Hopefully I have this projection correct or like Brett I may start losing sleep over the SP as well.
    Patience is required for 2014 year as long as BCT does not go into business with any coal mines like avx :<).

    I Appreciate your hard work Brett.
 
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