ADO 0.00% 2.0¢ anteotech ltd

NSW announce utilising RAT in press conference, page-42

  1. 39 Posts.
    lightbulb Created with Sketch. 38
    As i said i am not a fundamentalist. BVut what i can tell you, is that share price and market cap some times means absolutley nothing. For example do you believe that GME and AMC Gamestop and AMC in the USA is worth what it is worth. Again from a technical perspective, when factoring in ALGOS market cap means diddly squat. Algos look at past price action not fundamentals and market cap. Yes $5 would be a market cap of so many billions, but that dont mean price will stay there. Just remember price moves up and down over time, and from an ex banker and someone who knows algo programmers, fundamentals dont mean dick in the markets today. Just look at the SPY FUTURES you telling me this market hasnt been manipulated for over 10 yrs with fed liquidity stock buy backs. Lets not swing dicks here on who knows what, just understand that you can have stocks trading way above what they are worth. Hence fundamentals dont mean dick in todays algo fuelled markets


 
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