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BPP - Babylon Pump & Power

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Someone has been telling me that 8 cents is within reach, supposedly based upon more ann to come, quite possibly involving Sigma; not sure how or why.

Having said that, I ask that you note that I no longer hold this stock having liquidated my position for $0.037 after buying at $0.021. With hindsight I now wish that I held on for a bit longer on the roller coaster ride.

Good luck to all that are still on board
 
So what announcements are we all waiting for next? And what time frame are we looking at?

I hope .053 acts as a good support for IMI.
 
maybe exclusive contract with sigma which mentioned in the ann report(specifically P12),hopefully it's coming soon but looks not strong these days...good luck to all still on board.

bought a small parcel at 0,058 will stop loss at 0.050
 
Announcement

05 Sep 2007 09:17 IM Medical September 2007 Update


Share price - 6c

Up over 9%
 
I dont think the annoucement had anything to do with the rally. IMI had been showing strong buying action in the low 50's as the weak are folding, and now the sellers are exhausted, the buyers are coming in. Glad I held on.
 
Yep this chart just keeps doing everything right!

Trading well off the 20 day moving average.
I quickly looked through the announcement but didnt really see much that hadn't already been released to the market.
Perhaps it just summerised some things for people who hadn't taken the time to look over IM's progress which caught their attention.

Looks like it could maybe have a real go at that .07c resistance, but there are alot of sellers sitting there.

I'm still not sure of what other future ann might be comming?
Either way, until things start to look a bit messy I think I'll hold

Good trading guys!
 

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excellent announcement this morning. one of just a few in my portfolio that are in the green. should see this continue to run on the back of the announcement
 
Your right it is excellent news, though I really hope it can push through that resistance at around the .07c mark

IMI might be the first company that gets up enough for me to sell half so that i can freecarry!!!
 
Looking healthy... These charts are all good as long as there isn't significant influence outside ie. announcements...
 

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this is my first post on the aussie site so hi guys

re imi i find this stock most interesting for many reasons however i will keep these to my self as you seem to know the story.
1 point i would like to make is the distribution of their products. they are targeting chemists re sigma among others and yes i like the idea, however why are they not looking at pathology labs that imo would be the easiest way to go as they already do various other tests. chart wise .067 seems to be holding well, at this point in time i will not be trading imi as i think there is far more $ to be made as a long term hold.
 
The first stage of the roll-out for Intelliheart was medical clinics, and workplaces. The second phase is pharmacies, gyms, weight loss companies and private health funds.

IMHO pathology labs wouldn't be useful as they are mainly because the purpose of a pathology lab is to study cell and tissue samples.
You need to go to a doctor before you're sent to the lab, hence it makes sense to put the technology at the first port of call for greater exposure.
 
dont forget pathologists usually have people working in drs practices,hence my comments. my point is imi could use the infracture that is already there aand imo it would be even better than a chemist.
 
An announcement is out today!!! The Announcement states that they are going to approach and negotiate wit people from the European market... Very exciting because the Intelliheart project has been in development for 18 years and it's finally moving. IMI has a low capital of 79 Million too so there is a lot of upside
 

yeah I'd have to say IMI is probably one of the only real exciting shares I hold of late
Correct me if Im wrong but this is a definite asending triangle forming here!
Lots of selling pressure to get through to push up through .07c

Getting very interesting
If IMI keep coming out with these ann, hopefully nothing will hold it back from the blue skies above

Though not happy to see it finish down today!
 

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It can afford to have a down day... I'd start getting worried if it went below 6 cents... The way I see things are as follows:

There are over 6000 Major hospitals in the USA alone... Imagine selling one or maybe two of these Intelliheart Units to each of them...

Now imagine 20,000+ General Practitioners' Practices in the USA each with one of these Units...

Now imagine the rest of the world with these Units...

Now imagine the cost of ongoing support to help run these machines...

That's a lot of product which equals a lot of money...

This may sound like a really big Ramp but it is actually reality... Warren Buffet invested into Gillete for similar reasons...
 

HA! Gillete you say..wow I didnt know that

I totally agree with what you are saying. Half the reason why i diversifyed between Resources and biostocks.
My personal hunch is that other than say gold...the next stocks of the future will be Biostocks and renewable (green) energy. <---Just my opinion.

As for IMI I believe there should be some good support around .059 now.
 
I have jumped in and out of this stock which I regret. If only I had just held when I first bought at 3c (when I first posted in this thread on page 1), but I thought the stock already ran too hard going up 20% everyday. Now I am back in at 6c.

Breaking 7c convincingly will be the target, but with ascending triangles it can break in either direction (or even a whipsaw). The buying patterns on this stock seems very organised, with the big buying only coming in on low volume and seller exhaustion.
 


I understand what you say about jumping in and out of stock.I`m a bit of a herd participant in the short term.My long term holds are doing way better than the churners I get.No explanation needed I suppose.

Behaviourists have demonstrated that humans have an over-reaction to news. People are fast to react to bad news and slow to react to good. It takes years of bull markets to coax people into stocks, but one big fall and they are outta here.
Click to expand...

Thaler sums up the lesson by advising them, "My advice to you is to invest in equities and then don't open the mail."
Click to expand...
 

I'm really nervous now because I bought in at 7 cents I hope it goes up again soon... I really like these prospects
 
I think I'm crapping bricks... Its going to take a long time to earn this money back working... Support is dissolving however the MACD is showing a possible oversold situation... I think I may have made the biggest Newbie mistake....
 
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