Ann: Extension of Share Purchase Plan , page-31

Strider: Heck no, PYM's chart is nowhere near as bad as AEB's chart. I have never seen another chart as bad as AEB's chart (though AEB's chart between early 2011 and mid 2012 wasn't all that far off, and during that time you'd have been an idiot to buy based on the chart and I wouldn't have argued - look at what I was saying about PYM at the time and it wasn't anything along the lines of the "BUY BUY BUY" crap I see here, it was essentially "damn, things haven't gone well and the market isn't liquid enough to allow me to sell, this sucks" and despite being a holder I was quite clear about arguing against the PYM rampers. If you think PYM's current chart is worse than AEB's you have no idea how to read charts. The value in looking at charts is not retrospectively satisfying your curiosity, it is getting an idea of what is going to happen in the future. PYM's chart is not pretty, but it does not indicate as strongly that the price will decline as AEB's does, and if you consider the fundamentals (PYM has had a disaster and sentiment is consequently terrible) it is likely to increase in the not too distant future.

Retrospectively, yes, buying PYM was not a profitable move, and yes, retrospectively, we can see that the price collapsed severely. The chart didn't predict this however, it was the fundamentals which guided the chart.

Compare that to AEB. There has been no particular event of disaster, no reason to cause massive negative sentiment. In equivalent times for PYM this has correlated with an increase in the share price. The thing which makes AEB's chart so dire is that the trend is so consistent, it is linear, it tells a story about what is likely to happen in the future. Of course you can find examples of more severe drops in share prices retrospectively, but that's like boasting that you can tell the past more accurately than I can predict the future - big deal! I challenge you to find an example of a current chart which more strongly indicates the price is likely to continue falling.