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Member Info for bilbo90

Member Since: Thu, 5th Jan 2012

Number of Share Chat Posts (all time): 1,166
Number of Share Chat Posts (last 30 days): 0

Last Posted: 14 Aug '14

23 Aug '13

Because there is lots of selling. Simple.

Yes not all of the ttrades shown in red are sells, but the ones that are genuine sells are typically the larger trades. Until people are done unloading, this will not move. Summer months are typicalyl quiet volume wise, so no surpise that we have no great upward pressure.
14 Aug '13

closed on 5p, at the days high- bullish, also smashed through 200 day moving average- very bullish
17 Jul '13

are frequently used by brokerages- a source of liquidity which doesn't publish trades to the main market. This is why some trades do not show.
17 Jul '13

Two bar reversal seen at yesterday's close, and if the past three day's trading appetite is anything to go by, it seems to support the notion of trend exhaustion- at least in the short-term anyhow. The ordinary PI trades are coming back in as opposed to trading being dominated by the autos, so people are seeing value again.

Both MACD and K line on the RSI have also crossed to the upside. 4p will be resistance but once above it, I would expect a nice uptrend running up to year end.
7 Jun '13

Those tribune news articles are the most positive thing I've seen on BPC for some time. It's good to see Potter actually coming to the defence of BPC and clearly pointing out that the so is only at this level because of the govt- nothing has changed and everything is set to go ahead as planned.

I also note in the second article, Potter comments on the capital funding worded as "We HAVE two major sources of funding capital, the shareholders AND A PARTNER who finds the prospects of finding oil in the Bahamas equally high as I do, in which they would pay a premium to come in and join us in our license,” sounds like a deal is on the table to me. Also good to hear an update re BISX- "next few months" would take us to end of summer, but at worst DEC, so still 2013.

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