It does not matter what i say or show you in regards to my price targets, you will find reason, pick it apart as to why i am wrong. It is not worth the argument or the conflict, so i prefer to keep it to my self and provide price targets overall. So you or anyone can do with what you wish. Ignore it or maybe use it to your advantage. You have your view, set in your way and believe what you think and i have mine. I post what i see at the time. bullish or bearish. I don't have to post on HC, it does not affect me one bit if i do or not. Nothing i say on here will make a slight difference to positions i take. Been making money trading my way, long before i joined HC. I have never critised anyone on here that has a different opionion to mine. I like the different views and to take note of a lot of it. I have been investing and trading for over 20 years and do have some knowledge and idea of what i am saying. I am not just plucking figures out of the air and making it up as i go along, for the fun of it. Yes some of my price target may seem hard to swallow. But that is because of where the stocks are now, to where i think they will be heading in the near term. A few years back i was shorting many of the mining stock when they were at $30 plus and people were saying they were going to $100. I was told that i am crazy and know nothing. look at them now. Down 50%, 60%, 70%, 80% or more. I made a lot of money taking a contrarian apporach to the flock by shorting or selling out long positions. I see a similar thing happneing with many other stocks now.
like VOC, COH, REA bearish or course and BCI, MGX, BPT, just to name a few and of course many more. Of course it is always hard to see or believe something could have a miraculos rise and then fall just as fast. However it happens and evetually all good things come to an end. I just try to work out when the possible turning points will be. Do i get the exact tops or bottom, absoulty not. In fact i do not think that i have ever picked the exact moment something bottomed or topped out. I have been quite accurate as to potential turning points. I generally take the oppositie view to most and combine that with my analysis. I look at shorting stocks that are trading near or at record highs. the oppostie for longs, i only look for potentail buys when they are at or near record lows. How do i come up with with my potential short and long trades. Well that is a valuation method based on 20 years experience and something that i like to keep to my self. Do i get them all right, absoliutly not. But i do get more right than wrong overall. Cheers
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