re: went short more
Why do you believe the c#$p that's coming out of his mouth? Why do you give him the attention that he craves? Just ignore him.
Let me put forth my reasons as to why it's a bad idea to short BHP.
1) The fundamentals for BHP haven't changed - everyone is saying this and it has been confirmed by the 19% price hike for iron ore.
2) Shares trend upwards.
3) The drop in BHP's share price is a result of market sentinment and sentiment only. (closely related to 1 above).
Surely you could find a better share to short than BHP? Shorting on BHP, in my view, is very risky - but I'm no professional. That's just my view based on my three assumptions above. If my assumptions are proven incorrect then my argument doesn't hold.
I've bought a lot of BHP and while I could and should have bought more two days ago, my inexperience led me to do otherwise. Nevertheless, I think we can all draw comfort from the Director purchasing $1, 000, 000 worth of shares! Or do you want to take "Ispy"'s word over the director's?
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$44.82 |
Change
0.240(0.54%) |
Mkt cap ! $227.8B |
Open | High | Low | Value | Volume |
$44.84 | $44.97 | $44.64 | $164.1M | 3.662M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 2296 | $44.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$44.83 | 4480 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 3187 | 44.770 |
11 | 3708 | 44.760 |
12 | 3628 | 44.750 |
8 | 3523 | 44.740 |
10 | 2896 | 44.730 |
Price($) | Vol. | No. |
---|---|---|
44.780 | 3309 | 29 |
44.790 | 5824 | 18 |
44.800 | 3265 | 10 |
44.810 | 4178 | 17 |
44.820 | 3886 | 11 |
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