Couldn't believe my eyes when came home... thru the $40 mark - let's see if it pushes thru $41 tommorrow. With the rate cut, it should be bullish more.
Printable View
Couldn't believe my eyes when came home... thru the $40 mark - let's see if it pushes thru $41 tommorrow. With the rate cut, it should be bullish more.
BHP has gone berserk ... tried to get some when they hit $42.10 - ended up getting some at $42.90 ... I heard they had fuond a new gold resource at the olympic dam - the biggest of it's kind... anyone on this one with me??
5.2% certainly is a big move for this lumbering giant. If it can maintain the gain, it probably bodes well for other resource stock. :)
Nice rise overnite in the US for BHP - another 3.5% gain.
Have done well with BHP still low PE. Core stock in any portfolio. I wish to compliment with another 2 top stocks in this area. Can I have a few suggestions must have top quality management or is there a good fund that has a good selection of resource stocks.
My choice at the moment would probably be woodside petr followed by a gold stock.
Certainly not a poor man's pick this one.
Would only be able to afford buying 5 shares at that price.
Broke through $43 yesterday's close~ that's an all-time high doesn't it?
This is the one stock I love along with FBU.NZX...
sorry Tricha, I know you said, we should not fall in love with any of those resource stocks :P can't help it~ :D
Viking , BHP was trading in the $25.00 range in the mid 1960's ,I wonder what that would be in todays inflation adjusted $'s? $1000.00!!? per share.
Good point~
Lucky me, I started with this one only about a year~ when its also (funny that) around $25.00 :) maybe that's why I like it... though the profit has not been as quickly as some other ones I traded earlier I must say~.
Maybe afterall, Tricha's advice is very sound~ hehehe don't fall in love with any of them.
How much higher do you think it will go, Whatsup?