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Showing posts from March, 2023

An Underlying Agenda

 I just posted this on Hot Copper (in response to frustration by other shareholders(. Plenty of people post with a solid agenda in mind. This is a bit like a cros between home-grown PR and amateur espionge. Some posters, it seems =, like to consider themselves as market influencers. Self-importance is as valuable as self-praise. Yep, an agenda that you don't know underlies many posts on shares forums (okay, okay: fora). These are not hidden agendas, they are merely unknown to you. But they can affect you and your investment decisions.  So, as they used to say in Hill Street Blues: Be careful out there.

BOT on Top

 So here's the crux of what I posted on Hot Copper. Traders have seen a 2-week opportunity with BOT and the price will rise steadily until the FDA mid-cycle review at the end of the month. Then it will jump on that result (assuming it is positive, and there is every reason to believe that will be the case). Then the share price will fall back a little as profits are taken and the traders get out. Then it will be a steady increase to the FDA approval in October. And then big pharma will take a strong interest in the company and there may even be a takeover attempt. If there are 2 companies wanting BOT, it will get very interesting indeed. The chancee for a substantial gain is hanging in the air. As usual, this is NOT financial advice. You should alays do your own research

Sometimes There Is No Choice

 Sometimes, holding is your only option. And there is nothing wrong with that. If you feel a stock will bounce back, and you have the patience to wait for that time, hlding can bring excellent results. Yes, I have sold at a los, but I have also held on to make spectacular gains. So a drop in share price is not necessarily a fail, it could just be you going in to a holding pattern for a while.