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BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

I wonder what the sp will settle at this evening. I'm curious about some analysis as to whether the price hike was warranted.
 
Re: BLT - Benitec Limited

MalteseBull said:
what would you do if you were him?

hold or sell while u can?
Click to expand...
he had all morning to buy ....only an idiot would buy at those percentages.
if i was that idiot i would wait and try to sell on top of the next bounce. to minimize the loss. thats daily cycles not 5 min cycles
 
Re: BLT - Benitec Limited

In referral to Aobed, my sentiments exactly. Have been following this stock with some interest.

Todays announcement, as if the SP didn't make it obvious already is VERY significant.

Pfizer has a significant in house R&D division and only purchases externally, when the product has been proven out of the testbed level.

The last example I can recall when I spoke to a Pfizer rep was of the H. Pylori test originally designed by Barry Marshall and Professor Warrens team.

edit - as for that "idiot", as long as we're speculating > I think he could do a lot worse than hold on. This licensing is only at its infancy stages.
 
Re: BLT - Benitec Limited

SevenFX said:
Nobody makes money if someone doesn't lose money.

SAD but TRUE.
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Thats so true tekmann. You only make money cause someone else is willing to buy it at a higher price. The guy that sold it at 0.48 would be laughing.
One profits at another guys expense.

The 2 main reasons why the share market has gone up in recent year is cause companies are making profit but more importantly, there is more money circulation around from superfunds (increase buyer demand).
 
Re: BLT - Benitec Limited

well its on its way back up,anyone actually holding this?
 
Re: BLT - Benitec Limited

this stock is being manipulated,

read some of the hot copper posts

fake bids in and out

i sold out and cut my losses
 
Re: BLT - Benitec Limited

richdad said:
well its on its way back up,anyone actually holding this?
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good luck trading 5 min cycles
ill stick with daily
 
Re: BLT - Benitec Limited

MalteseBull said:
this stock is being manipulated,

read some of the hot copper posts

fake bids in and out

i sold out and cut my losses
Click to expand...

Expect Every stock to be minipulated over time, and you'll be ready then...

Nothing new in this game...

Petrol, Food, Gold Is 2.... we just don't see it as well as we see here.

EDIT: Why would you need to go to HC, as some people beleive thats where most minipulation happens.. eg cdu.
 
Re: BLT - Benitec Limited

MalteseBull said:
this stock is being manipulated,

read some of the hot copper posts

fake bids in and out

i sold out and cut my losses
Click to expand...
sorry mb didnt mean to call you an idiot
remember mb patience and self discipline in the key
i have not traded this yet
 
Re: BLT - Benitec Limited

Snakey said:
sorry mb didnt mean to call you an idiot
remember mb patience and self discipline in the key
i have not traded this yet
Click to expand...

you're cool snakey,

i think the emotions got the better off me on this one when i saw it going up and up,


don't let emotions get the better of you
 
Re: BLT - Benitec Limited

MalteseBull said:
you're cool snakey,

i think the emotions got the better off me on this one when i saw it going up and up,


don't let emotions get the better of you
Click to expand...

remember mb.... it wasnt a waste of money if you learnt something from it
and it will only make you a better trader.
it was just an expensive lesson
and a hard lesson is a good lesson
 
Re: BLT - Benitec Limited

Snakey said:
remember mb.... it wasnt a waist of money if learnt something from it
and it will only make you a better trader.
it was just an expensive lesson
and a hard lesson is a good lesson
Click to expand...

i think i'll stick to my short term and long term trades rather than trying to make a quick buck day trading lol


stuffed up on all of em which were hyped: URL, BLT, GDN, CDU
far out
 
Re: BLT - Benitec Limited

Whilst the news is obviously positive by bringing Pfizer on board the announcement is disappointing in it's lack of detail. All it says is that revenues will flow to Benitec, how much and when are what we need to know to make an informed assessment of the company's value. Anyone who follows biotech's know they are notorious for making announcements sounding bigger than they actually are - Deborah Rathjen of Bionomics (BNO) and formerly of Peptech (PTD) I think is the undisputed master of this. Although you have to give her her dues for where she took Peptech.

Biotechs feel they have to make announcements more important than they are to keep people interested during the long lead times between R&D and commercialization and the fact that during that time very few of their announcements actually involve any mention of revenue or profits.

BLT are moving to a "lower cost business model and seeking co-licensing agreements" which basically means they don't have the money to go it alone. They also need to raise capital so now might be a good time. Current price $0.29 cents, impossible to tell if this is anywhere near fair value but since when do biotechs trade on anything close to fair value?
 
Re: BLT - Benitec Limited

MalteseBull said:
i think i'll stick to my short term and long term trades rather than trying to make a quick buck day trading lol


stuffed up on all of em which were hyped: URL, BLT, GDN, CDU
far out
Click to expand...

You may be better suited to mid to long term investments.

Also don't let your past trades affect your future trades.

Knowledge is Power, Applied Knowledge is Powerful.
 
Re: BLT - Benitec Limited

I made about $2,600 today on this one, I am happy with that result for a days work. Continued trading in and out. I still hold a parcel.

Don't be suprised if BLT runs for a few days.

The hype will hit the weekend papers etc.

May even get a few people spraying their morning coffee all over the walls when they read about it.

The big question is how much is this worth?
 
Re: BLT - Benitec Limited

Good points.

The analysis might tell us it's worth $0.10.......and those punters who were buying in the 0.40s will be on the street........

On the other hand it could be $10.00..........

You'd think the announcement could have provided some guidance to the value of this decision.

Today was day trading with absolutley no foundation for the subsequent price rise IMO. For those that lost money a valuable lesson perhaps.

I hope I'm wrong and ASF members still holding have a year maker on their hands (on 5 Jan!)
 
Re: BLT - Benitec Limited

i think getting in at .29 may have been a good gamble.. but i didnt take the plunge.. not enough spare cash lying around

will be interesting monday
 
Re: BLT - Benitec Limited

Its all confidental I guess, but i am sure it will leak out to the papers within days.

What we are looking at here is a global drug company using a DNA supression technology to switch off bad DNA codes, via the use of drugs.

Of course it will only work while taking the medications, hence the drug companies like that.

How many health conditions could this technology turn off...that is the big question.
 
Re: BLT - Benitec Limited

SevenFX
Not entirely true .... as long as the share price climbs up, everyone could be winning..... that is the beauty of the stock market..... Its a giant game of hot potato until someone gets burnt

But still, at 46 cents from 9 cents you would have thought that intra day the thing would retrace back.........

Watch this one Monday.....

Interesting that the financial implications of the deal were not announced....
 
Re: BLT - Benitec Limited

Who remebers PNO, when it went from 1 cent to 13 cents over a 3 day period...I do.

I bought in on the close of the first day, after it had gone up over 100%, then sold on the next day, making 250% profit, then the next day it ran again.

All up in 3 days it went up 1300%.

Thats what bio-techs do they run...who knows where this will end up!

Because there are no financials to back the claim its a safe bet that it will keep on running, which way up/down, till someone leaks financials.

OK so it went up 400% in intra-day trading and ended up closing at 229%.

Still more to come monday...I hold, but a smaller parcel as I have locked in some profits
 
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