hartleys valuation, page-50

Whew, careful there Jack. You were pretty bullish (ramper side) yourself until today, right?

I too have turned bullish recently, but you are right to say the likes of Dhuy/Hangseng (found out last week theyre the same person hah) have done naught but be positive on PEN all the way up and down.

I can't think of anyone who's criticised him and the other PEN bulls more than myself as I watched it fall from 10+ to 1.5c, holding only roughly half of the time.

My advice is to take everything they say with a grain of salt. I won't hesitate to dump PEN if I think its going down, regardless of the story and favourable conditions.

I'm in atm because the story seems overwhelmingly good, but mainly because of the chart.

And if you're going to criticise them for being so eternally bullish, you should also praise them for their degree of research efforts, unless you can find evidence to refute their claims.