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BHP Billiton. Why the opptimism?

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Lee_1
Frequent Contributor
Standard OST, granted that the report was in May, sees this share worth R335 in May 2013. What am I missing? I don't see any new news coming in that is positive, except they MAY stop chasing after new ideas with gay abandon, and pay better dividends. Is this new upward spurt a time to sell, and to return in better times?
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4 REPLIES 4
royandroy
Contributor
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Not applicable
BHP rallies are to be sold... i said so at 26600 and we got all the way down to 22k sumthin.. and i say so now again...
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Rams
Super Contributor
Put another way....trading in a range
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Not applicable
yes you could put it like that but a 15% range is quite large...esp if you are trading a derivative. I think the put made about 70% return in a month...not bad work if u can get it
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