re: buyers give the sellers 'the bird' Thanx ds for the broker...

re: buyers give the sellers 'the bird' Thanx ds for the broker report from Southern Cross Equities. I just did some extensive research just to understand the calculation methods used, and it all makes sense when you value co's in this way.It's easy to value a co. with a history of earnings. Not so easy when there is a high uncertainty.

My crude methods for PRR were more guess work than formulas and probabilities, but the calculations aren't hard to understand if you write them all down and have a basic grasp of maths concepts.
Brilliant summary by SCE and it's totally understandable why they are so bullish on the stock.

They've used a highly quantative approach to fundamental analysis without any reference to charting.
The FA alone is justification for a spec buy in my opinion ( especially with Arthron deals due) .Current price action suggests to me that the downtrend has been broken and that is a fantastic reason to BUY NOW in my opinion.