Short Term Trading Australia Day Weekend Lounge: 24 - 27 Jan, page-30

  1. 10,729 Posts.
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    (re BIT) - There was also an overhang with option underwriters which should all be out now. I think the corona virus is a bit of hype for this stock which makes it quite tradeable in the short term. Maybe there's more to it. Others obviously think so and that's ok. Everyone is entitled to their opinions. I'm thinking the next spike for BIT will be when they announce a partner for their next HIV trials. That's been a long time coming so will be interesting to see if they can actually pull it off. Whatever the reason, I'm sure BIT will have more price spikes so worth keeping on the watchlist for when it happens imo.
 
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