I agree that some price predictions are too bullish for my tastes.
Why not be conservative and then be (most likely) surprised to the upside? Much better for ones psychology and helps underpin a longer term holding by achieving modest price appreciation wins that stack up to notable multiples over a period of years . If one fails to achieve a super bullish target it might lead one to overlook or become dismayed by the/a true investment proposition (stacking up the qual and quant situation and extrapolating).
But hey, I won't complain if we crack 20c again this year. Doesn't matter where the price goes this year as I won't be knocking at the exit until we execute the gameplan in full. Too many inflection points on the horizon.
Please take it easy on the banter everyone. Lotta people probably quit using this forum due to the vacuous posts. I probably should too, but I need the public chat arena to pressure test my investment thesis regularly (only way for me to comfortably maintain a large position for the long term).
Best wishes.
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