Snakey, please read this:Snakey said:i bought enough 1mil at .0299
very very happy with my purchace
kennas said:
clowboy said:well it just goes to show that being at home in front of the computer doesnt always mean you will get the trade. I placed an order at 2.5 when it was trading at 2.4 but by the time I had completed it it was up at 2.6/2.7. Thought about buying some at 2.7 but passed it up. *sigh* this will test me emotionally for the next few days, perhaps weeks if it continues upwards like it did today. Can't believe the close given the response.
clowboy said:In terms of it going up further, obviously the further it climbs the more depressing it becomes in that I missed the trade, but slowly I am overcoming this dilemma.
nizar said:My main point is that - it shouldnt ie. it shouldnt be depressing at all. Have no regrets. Condition yourself to deal with it and ull be the better trader for it.
All the best.
tekmann said:There is always another trade tomorrow, and perhaps better still.
once again stc you need to wind back your clock to buy some of these yesterday.Stop_the_clock said:BPO has a habit of pumping and dumping...this termite product has done very little in 3 years, except make the share price go south.
Testing, testing,testing thats is all they have ever done...no sales at all!
Good luck to holders, thats my 2 cents worth
I will add to this, that any new people to this site should make your own judgement on who is purely ramping a stock for their own gain. There are many posters on here who provide valuable information and do identify stocks that are a genuine trading opportunity. Some people actually want you to make money too!! However, please use your judgement, and see through the cr@p! Often this only comes by making mistakes. Good luck!kennas said:There will be some attention on this this morning but I must caution all new traders to tread lightly if entering a stock that has jumped 70% in a day on no announcement. More experienced traders will be trying to suck you in to buy this for the simple reason that they own it.
This may well in fact open higher and run for a day os so more before it pulls back, but it will most likely pull back. The concern will always be buying at the top, only to see the experienced traders dump it on you.
As per the announcement by the company yesterday, they have no explanation for why the stock ran yesterday. Enough said.
After 27 years trading experience, Kennas' advice is spot on. I try not to chase stocks after a strong rise like this. Good luck though to existing shareholders.kennas said:I will add to this, that any new people to this site should make your own judgement on who is purely ramping a stock for their own gain. There are many posters on here who provide valuable information and do identify stocks that are a genuine trading opportunity. Some people actually want you to make money too!! However, please use your judgement, and see through the cr@p! Often this only comes by making mistakes. Good luck!
daaussie said:BPO is headed for a big day by the looks of that buy depth and very weak sell depth!
I too would be cautious on this one. Good luck to existing shareholders though.dhukka said:Theses are the kinds of comments that are standard on hotcopper and unfortunately seem to be on the increase on this board recently. That may give us a clue to the current state of the market. The opening depth on a stock that is trading at 3.4 cents is pretty meaningless it can change in a couple of seconds as seemingly big volumes get taken out.
BPO may well have another good day today although my bet is that it will open strongly and then fall back as the profit takers move out of the stock and the suckers move in. Have a look at what happened to BLT yesterday and they actually had an announcement the day before of some substance. BPO got a speeding ticket yesterday afternoon and in reply said they had no news therefore there is a good chance they will get smacked today. The fact that we see run ups in prices like these on no news is an ominous sign that is eerily familiar to five years ago.
Yes, I was there then and lost my pants, but not my house. Hence my caution to new punters here.dhukka said:The fact that we see run ups in prices like these on no news is an ominous sign that is eerily familiar to five years ago.
BPO went up to 4.3c on a suckers rally, but has now fallen to 3.5c.kennas said:Yes, I was there then and lost my pants, but not my house. Hence my caution to new punters here.
There is definitely money to be made in this type of environment, but the music does stop!
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