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 $1, 000, 000 worth of shares! Or do you want to take "Ispy"'s word over the director's?
re: went short more Why do you believe the c#$p that's coming...
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Last
$42.10 |
Change
0.910(2.21%) |
Mkt cap ! $213.5B | |||
| Open | High | Low | Value | Volume |
| $41.88 | $42.29 | $41.69 | $360.3M | 8.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9922 | $42.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.12 | 11345 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |