NWE 0.00% 5.6¢ norwest energy nl

chart, page-140

  1. TBE
    3,734 Posts.
    Musashi I like your charts and explanations. They make sense and you articulate your points well. So thank you.
    I know it's difficult to bite your tongue when attacked, so well done for doing do until now. However dismissing an essential element to investing successfully isn't so wise.

    You made a great call. Actually, you cover quite a few bases with your caveats. Clearly, this drop in sp was due to news on ghe fundamental front in that management failed to communicate clearly.

    Now, I ask you...what has a gap on a rising sp got to do with management failing to commence flow testing? You can't say this doesn't matter as it clearly did. The market reacted to news. Perhaps a coincident that it also happened to conform to your chart reading?

    Both styles can get it right and wrong. Good and bad investors alike.
 
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