back of the envelope musings, page-30

This has been an amazing ride so far from the 90s....no speculative money here...just value picking by longs....

this stock is not for selling and waiting in the queue to pick up "when it corrects a bit more"....as we have seen in the last few weeks, it can gallop...and the positive outranks the negatives by a long way on this counter....

I think the lows of yesterday will not be revisited if the market on the whole just drifts around the 5000 mark...just imagine the potential of this one as broker after broker will rerate the 12 month price target for this one as it near production...

the last I heard was that Macquarie had a target of $1.70 (not sure if thats true as I haven't read it myslef)....thats almost double of what it traded probably a few weeks ago...as soon as it gets re-rated to a new target, it will try and reach that new target in a flash...