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BPP - Babylon Pump & Power

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insider said:
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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MACD won't give an oversold reading.

It sounds you loaded up on it. What were your reasons for buying? Do they still stand?
 
It is still hard to say. Demand is still strong at the support levels of the upward trend line. 7c resistance has been tested a few times and held so chances of breaking is less.
 
They do stand however I now worry that the price went up on unsubstantiated ramping over at HC and not really because of its prospects... I wouldn't complain so much if I didn't buy in at the 52 week high of 7 cents... It got smashed everyday this week... I hope it stops
 
newbie - speaking as another newbie - which one of the very many possible newbe mistakes do you think you have made??

I still think this will be ok..........!

:bier:
 
Oh wow, I had no idea this stock was being discussed at HC. I just read some of the stupid guys there making the most ridiculous ramps. I find it hard to believe that crap like that will move the market much.
 
juw177 said:
Oh wow, I had no idea this stock was being discussed at HC. I just read some of the stupid guys there making the most ridiculous ramps. I find it hard to believe that crap like that will move the market much.
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It's ridiculus... I spend more time telling DlCKHEADS off for ramping and character mutilation than anything else over at HotCopper... Every week its like they choose a forum member to take their frustrations out on and last week or the week before It was me in the BMN thread... Its just an example of how much these forums need moderators... HotCopper sux... its like they all buy each others lies
 
insider said:
I think I'm crapping bricks...
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Look on the bright side.In a few years you could build a house.

Its going to take a long time to earn this money back working...
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No worries...employ a brickies labourer.

Don`t forget the aeroguard, and `ave a good week-end.
 
There is some movement today, rising volume (first hour of trading showed around 30 million shares traded), up 5%, any ideas why?
 
LOL...nice avatar dave!

Nope no idea for the sp increase except that this looks to be a good solid stock with some great equipment comming into the market soon.

I'm really glad to see it get back up, as I had told myself that if it fell through support at .059 then i'd sell........But I didn't...phew..:bananasmi

I look forward to any forthcoming announcements.
 
Announcement this morning about online transmission of data and electronic storage capability for Intelliheart, allowing for remote assessment.
 
Good timing for the announcement too, as all the sellers in the lower 6c range are getting exhausted. Whether it will break 7c on the coming rally is the big question.
 
Currently 0.058 cents. What is the potential with this company fans?

Fundamenatally are they sound? I see recent price decline has been met with lower volume relative to the higher prices.
 
juw177 said:
Good timing for the announcement too, as all the sellers in the lower 6c range are getting exhausted. Whether it will break 7c on the coming rally is the big question.
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Well I can`t see any solid moves until contracts are signed.The sellers don`t look exhausted to me and the leaks before announcements are disconcerting i.m.o.
 
Been on my radar for a couple of days now. Will watch and wait for a bit. Not sure though, looks like it may have been played a bit on hc. Just my two cents.
 
It seems to be absorbing any demand there is the price is holding at .058. There seems to be buying at market which the sellers are accomodating. A break of .057 will see me disinterested.
 
Wysiwyg said:
Well I can`t see any solid moves until contracts are signed.The sellers don`t look exhausted to me and the leaks before announcements are disconcerting i.m.o.
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Gameday Enterprises Pty.Ltd. has disposed of a considerable amount of holdings over the last week.The amount severed was 41,225,745 ordinary shares for a total of $2,467,019.
 
It's Snake Pliskin said:
It seems to be absorbing any demand there is the price is holding at .058. There seems to be buying at market which the sellers are accomodating. A break of .057 will see me disinterested.
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I tend to agree. If .057 doesn't hold then it might be time to bail.

Fundamentaly I think the company is good. But Ive been burnt on fundamentals before..ie BMN

I guess the upside is that this decline resets all the charting tools like the MACD and RSI.
 

We shall see tomorrow... I started my new job on Monday and today no one seems to want to talk to the new guy (me)... I guess my feelings are expressed on my faced... I need Horse tranquillizers or something for me to sleep better tonight... And to top it off BMN went up heaps today... Instead of my portfolio hitting 50,000 its now 30000 or so...
 
chart wise gap at 5.5c is now closed . the chart is now completely clean its up from here, the tech is great . data transmission is working this is biggger than ben hur
 
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