re: Ann: Project Approval and Business Licenc...
stringtickler, My model discounts all bot trading and manipulation----it's purely mathematical. It only works for SP's where there are significant or substantial dilutive share issues. I can't,eg predict the future SP of BHP in 1 month or 2. You have to admit,that when GXY SP was $2.20,predicting $1.00 - $1.30 using the model,would have looked ridiculous to almost everybody. The other tool that I use and you could use as a guide is the CHART. The chart confirms my model (downward channel) and roughly shows the prices to the downside and bounces hitting resistance to the upside over time.Roughly a 30c trading range from each new support to each new resistance level. Good for trading,but,on this occasion I am not interested in trading. I intend to buy and hold for up to 2-3 years and watch GXY develop into a strong Company. Cheers
GXY Price at posting:
43.1¢ Sentiment: None Disclosure: Not Held
