QPM 3.13% 3.3¢ queensland pacific metals limited

QPM 12 months - Post DFS target, page-231

  1. 2,070 Posts.
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    Sorry but you are churning out the same demand and supply levels argument. That doesn’t work with me.

    Here’s another example to show your followers (as I think your heels are now too firmly dug in to be able to admit ...) that what you are saying is wrong for 2 reasons:

    Change of Company Product / service:
    If a company sells pens, revenue $x, valued at $100m, Sp $1
    Pen sales dive, they make $0, valued at nearly $0, SP nearly $0 (worth a bit for the shell)
    New management starts producing masks, revenue $0.1x, valued at $10m, SP 10c.
    TA chartist claims they will get to $1 because they were there before. WRONG!

    SP consolidation:
    SP is $1
    1:10 share consolidation happens
    SP now 10c
    Nothing changes
    TA chartist claims it will hit $1 again!
    WRONG!

    If that’s not ludicrous enough, try a 1:100 consolidation
    SP now 1c
    Nothing changes
    TA chartist claims it will hit $1 again!
    WRONG!

    Something major needs to occur to make it rise to a previous high. Some catalyst. It can happen therefore, but you can’t quote a share that it does happen too on the chart alone and say that applies to all charts. Otherwise you are just misleading yourself and others, all pushing a pump lie.

    Admit it, Patterns, I challenge you. Then I’ll fully support your other valid more recent term TA work.

 
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