PLS 5.84% $2.90 pilbara minerals limited

Bought more, page-132

  1. 3,631 Posts.
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    Just to set the records straight, Im not a shorter (although
    sometimes wish I was) and dont have a shorting house. That post of mine about
    shorting was just a joke, as I saw how many here are paranoid that shorts have infiltrated
    this forum, so I wrote it in jest. Maybe it wasnt so funny in retrospect.

    But on the topic of PE, many on here dont consider it appropriate to base their investment
    on this measure. Thats fine, but it doesnt matter what you think its what the market thinks
    is the appropiate calculation of value.
    You talk about growth and revolutions and analysts talk about plunging Hydroxide prices
    and over-supply.
    One offsets the other?
    If yes then, you are left with 0 difference in future outcome.,,,
    So then all you have left is the historical which is PE.

    And then you might say, for example 'i dont care, PE doesnt do it for me, I take no notice of it'

    Shorts and institution however, have a different approach to you
    and they are the ones with millions $ to sell and trade.
 
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