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  1. #171
    Guru Rawz's Avatar
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    Jun 2020
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    Auckland
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    Quote Originally Posted by Leemsip View Post
    my paper profits are disappearing.... how could this happen?
    the market is irrational eh

    to much bidding
    not enough bidding

    BPG lost $6m last year. But is now free cashflow (or is it op cashflow) positive.

    What to make of it all.

    bUY Tower lol
    Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.

  2. #172
    Member
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    Aug 2020
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    Crazy thing is VWAP is 1.275 but current price is $1.07

  3. #173
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Oct 2013
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    1,276

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    Quote Originally Posted by daveypnz View Post
    Crazy thing is VWAP is 1.275 but current price is $1.07
    The illiquidity of the stock means that when theres profit takers it can fall very quick as people take profit at any price hence the big difference between vwap and current price. Stocks gone up a lot so there was bound to be a down day. Looks like good support at $1.07 with next sellers at $1.15, could go either way or consolidate within this range we will see how the next few days trade. Should get an announcement that they have achieve the goal of getting $10m ARR start of next month.

  4. #174
    Investor
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    Jul 2014
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    Much needed breather today on the downside, would be nice to some consolidation around current levels. But the way it’s trading, who knows what tmrw has in store.

  5. #175
    Advanced Member
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    Jul 2015
    Location
    Napier
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    2,144

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    I just bought a few more at these prices. Happy to hold and intend to hold longer than 24 months and these prices will be a distant memory

  6. #176
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    Aug 2020
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    Took my profits at $1.25 - nice recovery after that big dip.

    Suspect it'll consolidate for a while.

  7. #177
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    Aug 2020
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    153

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    Looks like 1.30 is a key level.

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