Oops ... correction necessary ... I wrote
"Now I plan on buying any XL ... just for the record ... it is there for multiple comparison purposes."
that should read
"Now I DON'T plan on buying any XL ... just for the record ... it is there for multiple comparison purposes."
Why would I pay the trading multiple of XL when "Lightning" is PROJECTED to trade at a cheaper multiple - it would have to have an absolute advantage which it does not. I am trying to buy Lightning (by selling off overpriced QS shares). Same as what I think pabs did with TSLA (I think if you go back in time 6 months even the EV/Revenue price in TTM basis would be much higher). Does that mean you MIGHT miss out on further gains ... maybe ... but we remember that hogs (and I'm not talking Harley Davidsons) get slaughtered and the intent is to cycle out of one stock that is showing signs of peaking and into the next that has yet to begin its rise (e.g. TLG)
Sorry about that error .... maybe it was obvious in the explanation in the post ... maybe not ... should be clear now.
Oops ... correction necessary ... I wrote"Now I plan on buying...
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Last
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $216.4M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 55.5¢ | $495.1K | 875.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 16148 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |