I took a position in BIT approx 2 months ago because of the fact that they would be presenting at this Conference!
"History repeats". Holders of 12 months+ should be aware that after another Conference the SP shot up 30%+.
I have used this strategy with other biotech stocks. Same result.
Trading yesterday was most likely daytraders taking their 20% and moving on, unaware that the Boston Conference 8-11 March was going to light a fire under the SP. IMHO anyway.
Today is the 4th consecutive day of volume over 1 million.
Until yesterday, the SP had been steadily rising and the Buy volume steadily increasing. Yesterday was an opportunity to top up. How many took it?
I believe the increase in the SP and trading volume is ALL related to the Boston CROI Connection.
Less than 8 weeks away.
Its just common sense.
Today's trading seems to be back on track.
Good luck all Holders
- Forums
- ASX - By Stock
- BIT
- The Boston CROI connection
The Boston CROI connection
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $47.82M |
Open | High | Low | Value | Volume |
5.2¢ | 5.5¢ | 5.2¢ | $24.71K | 461.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 58602 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.052 |
6 | 181746 | 0.051 |
6 | 247000 | 0.050 |
4 | 748877 | 0.049 |
2 | 125000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 58602 | 3 |
0.058 | 71186 | 2 |
0.059 | 17500 | 1 |
0.060 | 10000 | 1 |
0.063 | 5621 | 1 |
Last trade - 15.36pm 23/05/2024 (20 minute delay) ? |
|
|||||
Last
5.2¢ |
  |
Change
-0.001 ( 0.58 %) |
|||
Open | High | Low | Volume | ||
5.3¢ | 5.3¢ | 5.2¢ | 162077 | ||
Last updated 14.49pm 23/05/2024 ? |
Featured News
BIT (ASX) Chart |