This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

BUD - Buddy Technologies

Jump to new
Aww, don't be blue little fella.
I missed a few sell then buy chances over the last week, bloody day job.
From a ten year chart, today seems to be the highest volume traded and having got to ~54% up,
I reckon it got noticed today!
It held up on close, which is always a good sign of momentum for another go on Monday. Wait and see I guess.
Giddy up. I miss my buddy, portfolio looks crap without it...
F.Rock
 
To satisfy December tipping comp.
Showing signs of a solid results based trend reversal.
Buddy say there main or only competitor is Phillips Hue (going on my dodgy memory on this).
They are working on reducing manufacturing costs etc.
I still haven't jumped in again, no cash (heavily invested in Z1P.)
BUD's history of multibagging is giving me a severe case of FOMO at the moment!
F.Rock
Edit, also 2nd place today on one of the big 4 banks most actives list.
 
frugal.rock said:
To satisfy December tipping comp.
Click to expand...

Looks like you might have good timing on this one for the comp

Big Volume last 3 days with today having the mandatory solid retrace day.

I could be wrong but it looks like the Vultures are happy to pick up the scraps at the 0.029 cent area.

Like to see it close back into 0.03 and above though, just to show some intent by the buyers.
 
barney said:
I could be wrong but it looks like the Vultures are happy to pick up the scraps at the 0.029 cent area.

Like to see it close back into 0.03 and above though, just to show some intent by the buyers.
Click to expand...

Back to 3 cents today off the back of more news re the pre-release of their LIFX wi fi light switch.

I like the chart and the technology sounds interesting so I bought a few
 
Good luck with the trade mate but at $150 for a light switch definitely puts me out of buying these products.

 
Trav. said:
Good luck with the trade mate but at $150 for a light switch definitely puts me out of buying these products.
Click to expand...

Lol … Yeah I saw the price. Out of my league as well, but hopefully Bill Gates and his friends might buy a few

There has been a lot of Supply come in at the 3 and 3.1 cent today so I may have jumped the gun … see what happens.
 
It got to 0.026 again yesterday briefly, but not slot got dumped, stuff all really.
I was eyeing off buying at 0.027 but am cash short...am up to me neck in other stocks.
 
Well, I wanted to put my money where my mouth was in relation to the comp.
So have bought in at $0.030
Now I have a buddy again!
Dumped half of my BOQ shares for a small loss, very liberating. Should have done it yesterday...
I suspect a small retreat may still occur, but it may have gotten that knocked out of the system yesterday. Wait and see.
There's an entity quite happy today to be buying up at .030 and then putting the SP back to .029 I am guessing for the purpose of pulling more sellers out of the woodwork at the .030 level... just thinkin' and saying my interpretation of events.
F.Rock
 
Trav. said:
Good luck with the trade mate but at $150 for a light switch definitely puts me out of buying these products.
Click to expand...
Pixel and I and tech/a bought these in the early days and for a while they were travelling well. However the price started to drop around the same time a friend installed similar stuff from a competitor for his business and said there were quite a few similar but superior products to Buddy's coming onto the market. I was disapointed with their business model and the the missed opportunity when being first to market. I sold but a bit late after the party was over. Not sure they will be able to penetrate the market further.
 
Well, it's not all bad.
I guess BUD got the message I have picked it for the December comp.
After it ran up to .026 several times from around .020? and then went for a proper run, we have seen it rest back to .026 as the new apparent support level.
Showed some unusual signs yesterday of a wriggle, supported by today's efforts, reasonable volume with a reasonable 7.7% rise, am
hoping to see the support continue Monday.
Would be nice if it can find .030 as a support level next week.
I leveraged in so my buy average is .029 which was also the high today.
Gives me some hope.
Did others dump?
F.Rock
 
frugal.rock said:
Did others dump? F.Rock
Click to expand...

I'm still in ……. I broke my "entry" rules on this one and am still down overall, but it is behaving how I expected even though I jumped the gun on my initial buy ….

If it continues to range, 0.024 is the current low support.

If it moves and manages to break 0.035 I'd expect 0.04 to follow fairly quickly but the market is fickle at the moment
 
Fickle indeed. I broke my rules also. But I broke for a reason that I now forget!
If it gets up to low 3.0's, I would expect a downward retrace selling based off the massive volumes from Nov 22,23 when it spiked to 3.8
I think a few past buyers will jump ship then which would show a double bottom. I will probably be one, if it goes like this. It is looking like it will show its hand next week.
F.Rock
PS, you say 024, I say 026 as support, average 025 ? It's a mid point!?
As for the timing, buddies do what they want when they want, but if they are true buddies, they come through eventually!
Cheers.
 
frugal.rock said:
If it gets up to low 3.0's, I would expect a downward retrace selling based off the massive volumes from Nov 22,23 when it spiked to 3.8
I think a few past buyers will jump ship then which would show a double bottom. I will probably be one
Click to expand...

Yeah there should be resistance as you say but I'm banking on a second thrust to take out the old high from 3 weeks ago. Could range a bit for a while as the volume is still lowish. At least the price action has shown some positivity.

0.026 is the short term low I agree ….. If the longer term low of the range at 0.024 gets revisited, it won't look too good.

 
barney said:
The "acid test" area is now being tested ….. looks ok at the moment.
Click to expand...

Ended up taking half off the table at 0.036 this arv as the momentum seemed to fall off just after lunch. Still hopeful of another push to 0.039 or so for the remaining 50% but we'll see what happens.
Small trade but at least its in the black for a change
 
With the weaker afternoon session, a retrace down again seems possible.
However, we haven't heard anything about how the US presales launch is going yet.
The scenario I would like to see...
Positive news tomorrow morning with a strong close, and a massive dumping of TRS
That's the only way I see to win the December comp. Probably be the reverse of the desired scenario though...
Even then, would have to be a massive break out versus a massive breakdown. Cheers.
F.Rock
 
How are you getting on with BUD Barney? (Mate, how do the green name link thing?) I noticed that you could've been out on 0.036 again the other day...?
I was considering a dip again today at 0.033... typical, closed at 0.035
So, looking at a few reviews on Home Depot or Walmart, the product seems to be superior to the competition. People say that the LIFX led's are brighter and the apparent higher cost is negated by not needing a HUB as is apparently required with the Phillips Hue system.
The LIFX units are stand-alones.
Sometimes it pays to DO YOUR OWN RESEARCH and not just take what a mate said for granted.
F.Rock
PS: if you're interested in led's, check out BLG, (Blueglass Ltd) those ones could be used to cut toes off ...
 
frugal.rock said:
How are you getting on with BUD Barney? (Mate, how do the green name link thing?) I noticed that you could've been out on 0.036 again the other day...?
Click to expand...

Put the @ key before any ASF punters name to get the greenies excited

So @ right next to frugal.rock = @frugal.rock

You are dead right re the 0.036 and I almost did cash that in but had to go and do a real job and thought ... trust your judgement ... it will retrace but I still have it a chance of 0.039 based on my extreme mathematical calculations telling me so .....

If that does not happen, obviously the market got it wrong, not me lol

See how it pans out ... needs to hold a tight range on smallish volume to have a chance at the springboard ... If the 0.032 low fails now it won't be good.
 
You must log in or register to reply here.

Similar threads

SAS - Sky and Space Company
2 3
Replies
53
Views
16K
greggles
AB1 - Animoca Brands Corporation
Replies
15
Views
7K
she'll be right
S
BIG - Big Un Limited
2 3
Replies
51
Views
19K
noirua
TKF - TikForce Limited
Replies
0
Views
4K
System
G79 - Goldoz Limited
Replies
7
Views
6K
System
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...