PLS 5.74% $3.13 pilbara minerals limited

Good News & Bad News, page-42643

  1. 4,746 Posts.
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    "Possibly PLS could drop to around or lower than $2.50"

    Of course, possibly PLS could ... because there may be a hidden/unknown factor. But based on the available data (I use my charts), is it reasonable to believe that the sp will drop to around or lower than $2.50? Or is it more reasonable to believe that the sp will be going up?

    My charts and reasoning, which you can read in the chart thread, compel me to believe that the sp will be going up. Now, the result may prove me to be wrong even though my reasoning is valid. That is the nature of inductive reasoning; the conclusion is never guaranteed to be true. But that is the only logical approach to try to guess where the sp will go.

    So please show me your data and your reasoning. I'd like to see your logical approach.
 
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