I always get this "confused" feedback on this "theory".
I put it down to it not being written in some book by a yank!
One more addendum/attempt at clarification and if ya don't get?I'll let it go.
1]It's only a method for altering one's perception.ie to counter what your eyes see in a Chart.
Previous Price from years ago is "quality-fied" by seeing Market Capitalisation moves over time NOT just the price.
2]One has to KNOW,Realise that price changes are only "Valid"/Positive if Market Cap increases at the same time.Market Capitalisation[Value] increasing is the Real Fundamental.
3]Your Average Blue Chip,say a Bank,doesn't usually Issue many more Shares over time.They stay FIXED.[other than the option payouts to directors!!]
leads to I say that this Factor,Blue Chips Irrelevancy,has "buried" this idea nay this FACT that
a] when all the books/studies whatever state
- Buy a share that's of a Growing Company,
they are stating/relying on Market Capital[VALUE] Growth as the criteria.
but b]in many most Small/Mid Caps Long term Charts,a pilgrim looks at just the price differential over time so
c] Ignores/Misses seeing a Chart as a MisRepresentation,it is NOT illustrating Market Cap VALUE Change,it is not even Historical
and d]us,
the pilgrims MISS applying the Theory of Blue Chip Buying to the much more enjoyable and fun activity of doing d'diddle with?
well,the Also Running like our EVZ.
anyway,I rant on and would prefer to take a nap than be boring about some esoteric point.
EVZ is a Goer,hey?
that's all I'm sayin.
ps-this theory also goes some way to explaining weak,ancient Resistance levels not being all that significant.
Even Institutions and say real serious pilgrims,in a share that regularly issues,have ways to handle what's called Dilution[d'dill solution]but that's another story,hey?
cheers.
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Last
18.0¢ |
Change
0.015(9.09%) |
Mkt cap ! $21.79M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $1.828K | 10.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 75249 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 9990 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 75249 | 0.165 |
1 | 60526 | 0.160 |
1 | 10000 | 0.155 |
1 | 34482 | 0.145 |
1 | 5000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 9990 | 2 |
0.180 | 6438 | 1 |
0.185 | 70000 | 1 |
0.195 | 75250 | 1 |
0.200 | 69287 | 2 |
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