I did cash in at that time because i was predicting and armageddon. i did pay a price for cashing in but at the same time the their is worst to come, much worst.
Gold stocks are declining which indicates a slowing economy. Techn stocks are shaky, resources are declining between 30 and 85% , not really an indication of a boom. US funding, debt, politics, world conflict, Chinese growth and debt, all a big mess. All the descretionary parts of the economy are trading sideways. World savings are being eaten up by debt.
3. A fall in earning by 30% would place the share price at around $38, but then you need to factor in that the recession that was only beginning in 2019 In my first post this was my price prediction without a recession.
Seven months latter it reached $42, do you think I have superpowers..... It nearly reached target 1.
If you made an economic assessment you could have bought in at that point or even at $45 and still made a good 20%.
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Open | High | Low | Value | Volume |
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2 | 321 | 70.380 |
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Price($) | Vol. | No. |
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70.680 | 1207 | 1 |
70.700 | 320 | 1 |
70.710 | 321 | 2 |
70.720 | 110 | 1 |
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Change
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