TOX tox free solutions limited

kawartha , page-10

  1. 5,784 Posts.
    re: charts are saying that this is now a buy? Jumpingbunny - you ask "But Why?" - lol!

    Sometimes people focus on the wrong timeframes. There was a post here saying this stock has gone nowhere in 6 months. However it had gone up nearly 400% from where they sold less than 9 months ago - lol!

    The financial results are there for this one - only uncertainty over acquisitions and how they might be funded has held it back from being nearer to 20 cents imo. Now I am not going to get too excited about todays small interest - it might retrace to 10 cents - might keep going to 20 - buggered if I know.

    I won't try to time the market - the numbers are there, the outlook is positive and funds are buying. As long as the financial results are there then I will hold it - I don't know wheter sentiment will take it to a pe multiple of 12, 16, 20, 30 or 40 etc... Never could determine sentiment - but if profits keep growing at 40% plus then on a current forecase 2006 pe of around 12 then I see only upside short of shock bad news.
 
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