G'day sneider (not auntyglen by chance?)
So you've had previous nics here, care to enlighten us.
Not wanting to put to fine a point on charting/momentum issues. But (theres often a but lol), based on fundamentals, did the $4 valuation apply equally when cnp was $10 and when it was 24.5c (when I called it a major buy)???
cheers
Rod
PS I think it pays to have a somewhat skeptical eye with both funny mentals and charts. I find it easier to either
1. Look at charts that in sectors of interest and or where such things as director buying have occurred, then look at the funny mentals. This saves time, fancy trying to do f/a on say 60% of stocks
2. Place stocks I like fundamentally on a watch list and look for good entries
3. Everything can be manipulated, charts, balance sheets
4. Had a discussion with a fund guy on here when I bought cnp, he said the fundies were sternly "not buying" down there below 30c and warned that the price simply would not rise because the big money was not buying. They all bought above 70c lol
So, I'm not impressed with who the fundies are, they have no idea
- Forums
- ASX - By Stock
- CNP
- .475
.475, page-45
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online