Hi
@microcapguru , aye. When I wrote this, I thought it may come across like a that. However, this is not really how I feel. The reality is that that I see before my eyes a massive opportunity. The fundamentals at present and what we have received over the past 12 months, only continue to add significant value to the company. We have one of the most valuable opportunities that have ever existed on the asx in my opinion. In opposition to that however, the market has not priced that accordingly.
Most people unfortunately, including many here, never see until it too late that there is a big difference between price and value. The likes of you and I who can see it though, this is where we make significant, significant coin. The single biggest opportunity to change one's financial future in the investment world is when price and value have diverged, just as they have with IMU here and now. Our value is bursting through the roof and the price is falling through the floor. That by itself is reason enough for anyone with half a clue to at the very least, even if they don't understand the science to take a position. But we have more than that, because along with this highly prospective divergence, we are looking at a company that is targeting an untapped market valued at 100's and 100's of billions of dollars.
Make no mistake, I am more bullish and more excited about my IMU investment than I have ever been to date. I concur that we may very soon be looking at price and value converging in the mother of all bull runs, especially with the events of the last fortnight (including the oddities of the chart). However, I like to remain grounded. An investors biggest problem is their own emotion. When things go down they become depressed and sell out, when they run, they are greedy and buy at the top. I see the excitement building on the forum and I do believe it is justified, however we need to remain grounded. Just as I was more positive than most on the way down, I will temper my expectations before any run up until we have a bird in the hand.
My tongue in cheek comment was more about Laurence Fishburne. Everyone was expecting a half hour documentary, and what we actually got was assumed to be introduction. This is was preceded by company announcements just the same as thisne Fox news episode. While I do hope this Fox episode is just the beginning, I would not be at all sure if it is all we get - for now.
What I will say is that Fundamentally(company value) is at a significant rerate point and I believe we've are soon to be part of something quite special. Technically (price) I see evidence of the spring fully compressed and a massive bull move to take place that will propel the price back towards true value, many bags from where we are now. When that happens, the feeding frenzy it creates will only add fuel to the fire.
I can see it on the technical charts
I can see it in the fundamental news
I hope everyone else can see it too, because soon, all that remains will be regret.
(20min delay)