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MME Charting Thread, page-6

  1. 122 Posts.
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    Thanks for this, Cheeky-Charm; and for your thoughts, and sharing the fb info cool.png

    On a point you made in your other post: just because MME doesn't have a history in the past, of a 1,000% rise - as ZIP has had previously - that doesn't mean that MME couldn't have - in the future - a 1,000% run. If stunning news, or massive hype, etc., takes place for MME, it stands to reason that they could have a large share price run. What you said, regarding the unlikelihood of MME doing something similar apropos ZIP's share price, reminds me of the gambler's fallacy. The definition of the aforesaid fallacy, is:

    "The gambler's fallacy, also known as the Monte Carlo fallacy, occurs when an individual erroneously believes that a certain random event is less likely or more likely to happen based on the outcome of a previous event or series of events." -investopedia
    Last edited by Newbe01: Removed a word. 25/08/24
 
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