"the only thing i dont understand is BWJ being very bullish on this and only now turning bearish. why would he hold this stock until end of january ? wouldnt one sell out now on a high ?"
Blacks, I don't know why I am bothering to reply as I don't think you really want to know but here goes anyway.
BWJ is going to ride SBM until his stop is hit. Even though he has heard some info he is going to trade the share price action. No one knows what the high will be or when it will be. If you have stops you don't have to know you just react to the share price.
Even as an investor you should have stops so you are not still sitting on a $4.50 loss in telstra etc.
mopping up or what?, page-46
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $497.2K | 2.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 907607 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 652461 | 13 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |