KZA 0.00% 8.0¢ kazia therapeutics limited

it's close... oh so very close, page-9

  1. 106 Posts.
    Hi Andy , your sentiment and mine are in full agreement.
    I guess my use of the term 'trend' was a bit pedantic but I am sure that you'd agree that MSHL's and NVGN's distant lows , to the most recent lows, represent an increase of 70% and 40% respectively.
    Flat ?? I guess so ? , relative to where we'd like to be .
    A trend ? Too early to say.
    What we do need to note is the common tendency along bottoms towards mindless negativeism. Comments like "down we go again to 30 cents" "MSHL is stuffed"
    I can understand and comiserate with shareholders who vent their spleen , but people leave the building because of premature despondency.
    I too regularly use Twiggs money flow and we are on the same wavelength.As Portable Alpha would say , "getting closer"
    What I did say re. volume was that in the case of MSHL , the real historic volume has been within the two year bottoming period .
    Whether we are flat lining or rising 70%.
    I prefer the latter , glass 75% full interpretation , rather than the "downtrend misery" version.
 
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