BCT 0.00% 0.3¢ bluechiip limited

Classic day when US market is down - driven by tech and luxury...

  1. 590 Posts.
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    Classic day when US market is down - driven by tech and luxury items. That has nothing to do with BCT (recession proof product as bio testing is not wealth driven or economy driven....which is one of many hidden appeals of BCT's portfolio) but that's how the market behaves every time.

    Buyers wait to see someone who sells (cause they don't know why they bought in the first place - meaning weak holder/trader), and after the first 1-2 hours of trading the smart buyers remerge. Textbook stuff that will be all over the small cap land.

    Sub 6cps, this is incredibly cheap and undervalued, but until the story becomes more main stream it may provide new investors or existing ones to pick up more at highly attractive levels. It won't last.
 
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