BPP - Babylon Pump & Power

[bruno]

looks good - but still 75m shares have been leaked through in smallish lots - who is selling - and why??

good question master5, i have been watching this stock for a while now and its bounced around during the day but normally bigger trades.
could it be some small time traders who got caught when it went thru the roof before the correction? and are just taking the opp to get out?
personally unless something goes astray im going to hold longer term. i cant see mr pratt letting go of small amounts and if what there saying isnt true after that article today they would be in all sorts of trouble. imo
It will be interesting to see if anything comes out of cardio conference in nz and how long tga takes

all only my opinion

 

[onthego]

Hi everyone
New to this site, but I have been watching and researching this stock. Can anyone tell me who gameday enterprises are? This company is IM's number one shareholder.Commsec and National are also in the top 10!
Not sure still if I will buy it or not, maybe for longer term as that's what I do.
Promised myself I would never buy anymore "penny dreadfuls" Does anyone have any info on it's chart etc... ? I can't read charts just yet but learning!
Thanks

 

[drasicjazz]

hey
let's have ourself a charti...
let me first say to all the holders that i'm please to see some turnarround after the past two weeks of red
anyway back to imi
well talking about a good close...
over 10 milj shares in the closing shot between 4 pm and 4:10
a Miljoen a miniut... not bad at all
anyway what do the chart say
i added some comm on the chart to give more insite
enjoy

 

[Wysiwyg]

hey
let's have ourself a charti...
let me first say to all the holders that i'm please to see some turnarround after the past two weeks of red
anyway back to imi
well talking about a good close...
over 10 milj shares in the closing shot between 4 pm and 4:10
a Miljoen a miniut... not bad at all
anyway what do the chart say
i added some comm on the chart to give more insite
enjoy

Draspicked the turn like a nose.Well done.Less volatility in the world indices may let this one move under its own steam.Good job.

 

[Bullseyebob]

Hi guys,

yep, good work on starting this thread. IMI is flavour of the month it would seem. I got in at .047 just before the last run up to .07. Didnt get off then, and am glad to see IMI on another run. Gota be something up with the huge turnover..

I bought in due to the new Cardanal ECG tech mainly, and the prospect of income,liscensing,merger,takeover potential from this. The new management are making inroads with Intellheart tech, although I think this is still to be a proven money making buisness strategy. Collaborations and research partners impressive too.

Not a trader, but I hold

Cheers, and goodluck to all

BB

 

[Go Nuke]

Yep i bought into IMI over EGO simply becasue they HAVE a product, whereas EGO is only going to be good IF they find something.(Though it looks like I would have made more money with EGO)

Anyway, I was chasing the share price up last week but then awoke Friday moring to see the DOW down 300 points, so amended my order to .041 as I believe .039-.0.41 could be good support.
And what do u know..it proved right.

It seems to be trading well off the 50 day moving average..so far.
With the MACD about to hopefully cross over, I think it will still have a bit of gas left in it...till the end of the week perhaps before day traders jump off for profit taking on Friday.

Good luck all

 

[black_bird2]

As the only bright note on my day - good ann just then. I didn't know they were also pitching business that way! I do not expect it to make much headway on a day like today, however, this might be just the good news needed before September.

 

[jonojpsg]

As the only bright note on my day - good ann just then. I didn't know they were also pitching business that way! I do not expect it to make much headway on a day like today, however, this might be just the good news needed before September.

Phew! I thought the end of the world was nigh - then I saw some green!!! Go IMI you good thing! Made a good jump and with global launch near,should be worth keeping??

 

[Jockstar73]

CARDANAL DATA PLATFORM WINS TGA APPROVAL

Ann out this morning. I know that everyone expected this product gain approval, but this should see some more interest in the stock as the "Global Rollout" nears..

Cheers..

 

[drasicjazz]

ann out for imi
tga approval recieved...
interesting day a head buyer
big buy volume is building up with the pre open

 

[Wysiwyg]

ann out for imi
tga approval recieved...
interesting day a head buyer
big buy volume is building up with the pre open

Draz , hows it goin` .......

IMI will need approval from the food and drug administration in America primarily before rollout can begin there.The ministries of health in other countries (within Europe Asia South America) will require assessment before approval.

Please correct me if I`m wrong or approval has already been granted for the cardanal tech. in o.s. countries.Thanks.

 

[drasicjazz]

today was a milestone in the history of imi trading
with a volume of just short of 400 milj shares beeing traded
on the back of the ann of the TGA approval

it was a day with of great fun and full of action for the ones that withnessed it.

and yet approval for the Cardanal Predictive Index still to look forward too


to all holders

cheers
drasic

 

[bruno]

I know this hasnt got much coverage here (maybe because its not a resource spec) but you might want to look at it now.
dyor everyone

 

[Aviator33]

What a ride! Over 220M turned over in the first hour

This is actually the first stock I've ever bought after studying about two dozen books, hundreds of brilliant posts on ASF and toying with several of my own systems over the last few months. Must say I'm pretty happy with a 53% return in 1 week

Now, trying very hard not to get too cocky....

p.s. Cheers to all for such a brilliant forum. Have picked up many pearls of wisdom from this community

 

[drasicjazz]

well today was a fantastic ride indeed
there was a bit of a sell off before the end but at the close again a strong buyback so we did end up at a nice 6.4
the chart can tell us that we need to break through the resistance @7c to get us moving back forward after---and i say ''minor'' considering lots of other stock---the fall from the credit-fear.
there are 2 things to look for
one is the support line that is in everybodies book look bullish
and two at the level today, after failing breaking through the 7c we could see it bounce back to the support level, specially after the two great days we had

my opinion is that without
-------------hitting support level say at current sp or lower to get another bounce back up
-------------OR without a new ann

imi will not be able to get through the 7c

let me be clear this is just my opinion and im happy to hear thoughs
heres the charts....

my other thoughts are with this kind of volume .....a lot of people want in and this should get us far with imi

all of this is to share my view/summary of the situation

so always DYOR----

cheers

 

[drasicjazz]

another thing that i did wanna share is some numbers for the people
who are interested about the Ceasing to be a substantial holder by R J


bought over time
70,000,000@2C
36,449,746@2C
11,730,769@3C

TOTAL 118,180,515 VALUE 2,480,918 AUD

sold over time
9,449,746@5C
7,500,000@7C
6,230,769@4C
15,000,000@5C
15,000,000@5C
10,000,000@6C

TOTAL 63,180,515 VALUE 3,346,718 AUD (sp of 0.053 av)

that's exact 865800 aud profit

TODAY's owns 55,000,000 shares (FREE RUN)
value at (lets say support today at about 5.2C
2.86 MILJ __very close to initial input

SO my conclusion......................

R j is maybe not a substantial holder anymore
because he doesn't own anough shares to qualify

but their current capital is just the same as the initial

even if they share my vision that imi has still a lot to give
they are being smart by taking profits and spreading their capital

by doing the numbers i gave me great respect about their trading strategy

well done


ciao to all
drasic

 

[Go Nuke]

I see a Bearish Engulfing Pattern today, most likely becasue of the "ceasing of substantial holder".

Anyone has any thoughts on what a solid base of support might be?

I think its about .053c with an obvious support level at around .040 ish.

So many great announcements and i too think people are looking to grab and hold this stock.
One thing bothering me today combined with the bearish pattern, is the xao.
If it can break through 61.87 that would be great.

Im torn whether I should sell some IMI and buy back on the retracement or not

 

[gfresh]

I have a buy set at 4c.. I don't see much reason to buy at the current pricing after such gains.. Will retrace -- already started to drop back today, could be the first day of a few down days.

 

[drasicjazz]

hey go nuke and gfresch
i agree that there is some room for a retreat
but gfresch i think 4c is a very big drop
i rather consider a 5.5c after seeing the volume today
my gues is that that volume will be even lower tomorow
and we will propebly incounter the uptrend support line that you drew ''go nuke''
but with so much intrest in imi i can see an other try to go and take out that
that 7c
there are also the ann's to come
the TGA for the Cardanal Predictive Index approval

and than there is the actual globle launch of the software in september

the 4c was reached after the globle ann on the first day of big volumes
i really don't see the 4c happening
but that's my opion and i hope i'm right

go nuke,i did sold a very small part of my holding today (small because i don't want to lose my possition)
and will try to get in at 5.5c
i normally don't do this but i could imagine a retreat today
so i gave it a shot

cheers to all

 

[Go Nuke]

Well I bought in at .042 a few weeks back, then bought more at .053c.

I'm trying to decide if the share price will fall below .053 so that i can buy back in at a slightly lower price.
Mind you...Im still certain the share price has a way to go yet, so perhaps I should just hold onto the one's I bought at .053 rather than sell em off tomorrow.

(Oh I'm NOT planning on selling off the .042 lot)

.04 is a big drop but not impossible I reckon. Though yeah with big volume buying up a couple of days ago and rather smalllish volume today, I dont think it will fall too far.

{This is all learning for me}