This sort of thing is not allowed and we have the 100 character rule for a very good reason. If you can't post 100 charaters please don't post at all.
Anymore posts like this will receive infractions, no more warnings.
Thank you.
BBI - Babcock & Brown Infrastructure
- Thread starter roland
- Start date
This sort of thing is not allowed and we have the 100 character rule for a very good reason. If you can't post 100 charaters please don't post at all.
Anymore posts like this will receive infractions, no more warnings.
Thank you.
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Not suspended, just a trading halt.
Doesn't stop orders being placed in the system. Trading halt allows orders to be placed and cancelled. No trades take place.
Suspension is no trades, and no oders placed. IIRC it also means that all orders in the system are flushed.
Excellent moderation, and not before time either. Hopefully we can bring the tone of the thread up a notch.
I'd be fibbing if i said that i wasn't tempted to sell out of beppa a couple of times over the last 6 months or so. But i didn't.
I didn't because i was scared that something like this "cornerstone investor" or like would appear once i had exited and before i get back in.
Yes, i know the savvy investor with the right timing could have done much better than i have.
I have and still do believe this is great opportunity to create wealth because of the fundamentals and my entry price of average 10.3 x couple hundred thousand.
With this announcement (and we don't know what it is yet) would anyone here be selling today (if they could get out) at say 17c or are you happy with your holdings confident of good times.
I'm referring here to beppa holders in this questionaire.
Banska bystrica would you continue to drip feed out.... or hold on now, even though we don't know what is to be revealed behind the curtain?
I didn't because i was scared that something like this "cornerstone investor" or like would appear once i had exited and before i get back in.
Yes, i know the savvy investor with the right timing could have done much better than i have.
I have and still do believe this is great opportunity to create wealth because of the fundamentals and my entry price of average 10.3 x couple hundred thousand.
With this announcement (and we don't know what it is yet) would anyone here be selling today (if they could get out) at say 17c or are you happy with your holdings confident of good times.
I'm referring here to beppa holders in this questionaire.
Banska bystrica would you continue to drip feed out.... or hold on now, even though we don't know what is to be revealed behind the curtain?
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Nobody can say they were confident of good times. However I do see a light at the end of the tunnel which I believe is good news for all concerned - BBI and BEPPA.
17c I would be happy with, an 8.4c average (a measly 31K units) would mean a 100% return plus chump change. Mind you, I was hoping that BEPPA would drive some big capital gains in my portfolio. I was hoping for about 400%, which would give me $10k return for just over $2.5K invested. At least a meaty amount I could do something with.
Without putting words into his mouth, I think he was genuinely surprised by the trading halt as we were. Like all of us, we are waiting for a pending announcement with baited breath.
Mind you, I will make the point that they would not have called a trading halt without a reasonable expectation that the negotiations with a 'cornerstone investor' would succeed, or have a materially positive impact for investor value or security prices.
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I am sure skyQuake appreciates you explaining what the difference between a suspension and a trading halt is for him. After all, he is an absolute noob with no trading experience what so ever.
no chance of that, way too many muppets and hopers
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Yeah, all these noobs in the thread have no clue what they are talking about. What a silly nooby mistake to make eh?
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Duhhh.. Yeah! :homer: Why thank you! Much appreciate
Back to srs discussion, white knight rumours to avoid forced asset sales is always a good thing. Strategic placement is far more preferable to being at the mercy of banks.
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Duhhh.. Yeah! :homer: Why thank you! Much appreciate
No worries mate
Well yes, but lets wait and see what 'they' actually come up with. I mean, we may end up selling our souls to the white knight yet.
That's assuming that a deal can be reached. They have another 24 hours to make something stick that will get past the securityholders.
EDIT: lol - i've been moderated on ASF... post removed. And my reply was so witty. Oh well.... the troll may be gone so a small price to pay. Cheers mods.
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i would just like to say after recieving 458 infraction points for this same thing is ............. HA!
on a side note i will be looking at BBI for a nice lil skim on reopen .... been a great little trader of late ... i regard it as a slush fund only and care not about its fundamentals or bailouts from "potential cornerstone investors"
but im also a noob and may need guidance on this matter
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ask mitsimonsta, he is the expert on all things bbi and stockmarket
but be careful not to troll because he may unleash his wit on you
but be careful not to troll because he may unleash his wit on you
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Do what the rest of us noobs are doing - waiting for the announcement and see what bountiful riches the great leaders of BBI have guided us to.
And then decide.
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hahahahahah now thats funny
wit everywhere thanks bud , will do just that ....... wait and decide
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Could trade differently this time. Punters have learnt that this thing dribbles up slowly and then starts running before panic buying kicks in to a final cresendo.
Which means its probably gonna gap up lots and run really hard really fast before all the buying power is exhausted.
Of couse if the Conerstone Investor news is REALLY good then all that may not even apply!
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yep will be totally expecting it to gap up and run hard . i will be on the sidelines for the immediate open until i can establish the pattern it produces .mainly play the 2 tick shuffle on it ... not my cup of tea for a hold of any length of time
all easy to speculate on it now , will judge it when it reopens .
you been trading it also ?
Problem is the "greed factor". I was watching BBI last week when it went to 13.5. I was loosing at 8 but seeing the news and rise, I got in and doubled my holding at 7.1 (7.55 cost base total) and because I had read BBI valuation - 30, I didn't recognise the turn at the top. I eventually got out at 10.5. Then, thinking that the profit takers had stopped, I got back in at 9 and out at 9.5. To top it off, I got back in at 9.25 and now am sitting on 1 mill units and 7.85 is my cost base after the wins are factored in.
At last trade, I'm even, but I hope the "greed factor" don't kill it for me on Friday! Such a big decision to make - Hold and Ride or set a sell price and take what I get!
After 10 years of spec trading, I'm only annoyed when I sell too early. Big losses don't bother me any more, (life goes on) as it's not on credit and I'm used to losses.
PLEASE, PLEASE money Gods, It's my turn!
SHOW ME THE MONEY!
At last trade, I'm even, but I hope the "greed factor" don't kill it for me on Friday! Such a big decision to make - Hold and Ride or set a sell price and take what I get!
After 10 years of spec trading, I'm only annoyed when I sell too early. Big losses don't bother me any more, (life goes on) as it's not on credit and I'm used to losses.
PLEASE, PLEASE money Gods, It's my turn!
SHOW ME THE MONEY!
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Yup, traded in and out a bit too much too might I add, got a huge parcel at average price of 6.1 and sold around 6.3/4 before the first pullback. Thought i was really smart. Didn't look at it again for 20minute, almost shat myself.
It was making a potential reversal yday, so I go a bit... Its a fine trading stock, would be better if I could short it too.
Even if it goes up to 40c, what then? Can that feed you for the rest of your life?
You open a "can of worms" with that statement!
I'm not reliant on this being a winner. I could loose the lot like I did with ONE ($20K), HIH ($5K), AFG ($60K) and last year's GFC ($90K book value) and my regular job keeps me going.
I just want to live like Skase or Bond for a bit!
nulla nulla
Positive Expectancy
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I hold, and i am as keen as the next person to take advantage of any spike that presents itself. However, i would cautiously point out that last weeks spike involved a turnover of 440 million shares or there-abouts which is approximately 4.5 times the previous spike, which saw it go over $0.155.
There could be some large holders sitting out there waiting for the opportunity to unload on unwary speculators. In my opinion, the likelihood of it spiking again needs to tempered with awareness of the possibility of others looking to close out their trades at the expense of the unwary. Take care.
