If you can give me a good rational reason why we have sold off from 7.6c to 7.1c on the good news, then I am willing to retract the "dog" comment. I have thought until now it was a very promising stock, but like Churchill, "When the facts change, I change".
There is something wrong when a stock is 9c, then has a huge find like TI and the SP drops. I don't pretend to know why this happened, but to just say it is all "peachy" and nothing to be concerned with is just pure ramping.
When doing my commerce degree we were taught the efficient market theory, and it says that at any given time the SP reflects the true value of a stock, and basically that is true. Something is worth what you can get for it NOW.
I do agree that the market can lag and be behind true value but it is rare. The FACTS right now are that more people are SELLING FML than buying, so most people think it is a bit of a dog right now. I am just expressing that fact.
IE
PS What are average returns?
dogs and fleas..., page-18
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