BLT - Blis Technologies

**GR8DAY** · 21-11-2013, 04:27 PM

.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.

**Nigel** · 21-11-2013, 04:32 PM

Originally Posted by GR8DAY

.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.

And a late run of buying... back up to 2.9c, sellers at 3c. Will it close at/near its high? Will there be any media coverage of this quite impressive rise to spark more activity tomorrow?

**pierre** · 21-11-2013, 04:38 PM

Originally Posted by GR8DAY

.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.

Hmmmm....maybe. Many of today's punters are just buying the day's excitement and could lose their enthusiasm when the half-year result (loss) is announced.

Though, when you look at RYM, maybe news of a loss might be well received - they announce a 22% increase in profit and dividend today and the SP is down 3 cents at this moment.

Still, I think that unless BLT give really positive guidance about turning a profit, as well as the other things I mentioned in an earlier post today, then a drop in SP is almost inevitable following the announcement.

**fiasco** · 21-11-2013, 04:43 PM

I guess it is anyone's guess as to how others will react, just look at SUM, all postive announcements and it headed downward like RYM has done today.

Will be interesting to see what tomorrow brings. In relation to the announcement all we know is anytime before Dec ha.

With that said I know I still keep intact my portion, thought about selling for a quick profit, but don't want to go against my strategy, it cost next to nothing, so happy for it to sit and see how they can perform over the coming years

**Nigel** · 21-11-2013, 04:43 PM

Volume just ticked over 8mil shares for the day. VWAP 2.6c - very strong support. Really looking forward to what tomorrow brings!

**winner69** · 21-11-2013, 05:00 PM

You guys really rolling in it now ...well done

After 3 cents comes 4 cents and then 5 cents and so on

**simla** · 21-11-2013, 05:02 PM

We're just going for odd numbers after this. 3,5,7 ...

Hard to say what this is. Easy to say its a crowd going mad, but it doesn't quite feel right for that either.

**simla** · 21-11-2013, 05:09 PM

One percent is about 10m shares. We've had many times that trading. Are we due some SSHs by now?

**pierre** · 21-11-2013, 05:30 PM

Originally Posted by simla

One percent is about 10m shares. We've had many times that trading. Are we due some SSHs by now?

....Only if the big boys have been topping up their earlier .7cent and 1 cent SPP purchases. But I think it's mainly small traders and investors having a play over the past few days. After all 8 million shares changed hands today but for only $214k of value - so hardly a major spend up by anyone.

Originally Posted by winner69

After 3 cents comes 4 cents and then 5 cents and so on

I think anything over 4 cents is a year or two away - depending on how quickly a profit is forecast to materialise - and how much it is!