LAF lafayette mining limited

b2 to tastega- fundamentals/ charts

  1. 6,951 Posts.
    lightbulb Created with Sketch. 1
    I see you pesented your piece today. It was to be expected . The price of a share does not co relate to the fundamentals . For example the share price may move every day even when the so called fundamentals have not changed.Fundamentals do not work in my opinion as they cannot be evaluated accurately and are a sea of variables which change.Shifting sands are a waste of time and that is what fundamentals are a lot of the time.
    Charts depict the price and the price and that is the ONLY place in which one invests or speculates.It should be as clear as night follows day that one invests or speculates in the Price not in the fundamentals.One does not invest in fundamentals.

    Paying attention to charts would have warned one that all was not well with LAF. You may have been smart enough to get off the LAF bandwagon back in march 2005 in the 20 cent area . The market shown by the charts knew the price was blown by early say 7th April 2005 at the latest at 21.5 cents . Look at all the 'so called wonderful announcements since that date ' and the share price was not interested it got sicker. Come off it please Fundamentals are a wast of time as a correlation to the share price.
    Come on lets use more common sense , if fundamentals worked then Buffett would never be able to obtain bargains, Nor would Sir John,Templeton.One of the most sensible bargain hunters I have ever heard. You stick with fundamentals , you are welcome to them , I will stick with the charts. B2
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.