Gann
You just don't get it do you? Sure you believe in fundamental analysis as much as I believe in your financial astrology and planetary alignment. But for long term holders (not me at the minute) its extrapolating what this news means into a 1 or 2 year timeframe. Does this make CBH more likely to be taken over, does it mean it's going to get some projects into development in a quicker timeframe, does it mean a better chance at diversification?
You disregard for other methods is fine just don't show the absolute arrogance to think that everyone should be following your methods.
The key point to ask (not looking at the chart) is does this news today make CBH a more attractive company?
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