Bazza, if you invested in ROC 6 years ago, which would have been 2008, then you must have bought into ROC in the $2+ range, after it had been as high as $4 a couple of years earlier.
Presumably when you bought into ROC at that price you thought it was cheap and expected it to increase from there, not continue to decline to where it is now, so it appears you got your decision on ROC wrong.
I'm not pointing this out to try to embarrass you, I have made my share of wrong calls on stocks. But if you used fundamental analysis for your decision to buy this stock then you dont really have a strong case to rubbish "tea leaf reading" as a basis for stock trading. Clearly wrong calls can be made using either approach. So why rubbish someone else's trading/investing methods just because you dont understand or appreciate them? Thats a bit like one religion rubbishing another because of their different beliefs - a futile exercise.
Cheers, Sharks.
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