There have been hundreds and hundreds of research and analyst reports prepared by finance professionals who all they do is value companies as a full time profession. Talk about educated evaluations. When you look at their reports from the past with the valuations they put on spec stocks and compare it to what the current share price is of those speculative stocks, you'll find that over 90% never get it right.
Spec stocks and educated evaluation in the same sentence lol.
The reality is we're all taking punts on these spec stocks that own a bit of dirt that might one day hit the jackpot with something tangible. All we have to do is look at the graveyard of spec stocks whos pasts haunt and have burnt many folks over the years. Heck, RMX was one of them not long ago.
RMX Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
(20min delay)