PLS 6.43% $2.98 pilbara minerals limited

PLS chart, page-21248

  1. 4,469 Posts.
    lightbulb Created with Sketch. 623
    "Looks like we have gone full cycle in this bubble."

    So what??

    Judging from your previous posts, what you left unsaid is that the sp will have to follow this cycle so it will fall to the level of the start of the cycle, didn't you?

    If my guess is right, then granted there was a bubble in BMX auctions prices, your reasoning that the sp has to follow suit is a poor one. Your reasoning is based on the assumption that PLS today is exactly the same as it was 3 years ago. If PLS as a company today is exactly the same as it was 3 years ago; that is to say it has been stagnant (no pregress), then your reasoning is valid. But PLS as a company has been progressing since 3 years ago.

    So even if the sp falls, it is not because of what you think it is.

 
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