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QPM

2.70%

3.8¢ queensland pacific metals limited

QPM 12 months - Post DFS target, page-234

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NotABoomer

126 Posts.

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29/04/21

15:06

Post #: 52816517
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Originally posted by PrivateRob: ↑

Sorry but you are churning out the same demand and supply levels argument. That doesn’t work with me.

Here’s another example to show your followers (as I think your heels are now too firmly dug in to be able to admit ...) that what you are saying is wrong for 2 reasons:

Change of Company Product / service:
If a company sells pens, revenue $x, valued at $100m, Sp $1
Pen sales dive, they make $0, valued at nearly $0, SP nearly $0 (worth a bit for the shell)
New management starts producing masks, revenue $0.1x, valued at $10m, SP 10c.
TA chartist claims they will get to $1 because they were there before. WRONG!

SP consolidation:
SP is $1
1:10 share consolidation happens
SP now 10c
Nothing changes
TA chartist claims it will hit $1 again!
WRONG!

If that’s not ludicrous enough, try a 1:100 consolidation
SP now 1c
Nothing changes
TA chartist claims it will hit $1 again!
WRONG!

Something major needs to occur to make it rise to a previous high. Some catalyst. It can happen therefore, but you can’t quote a share that it does happen too on the chart alone and say that applies to all charts. Otherwise you are just misleading yourself and others, all pushing a pump lie.

Admit it, Patterns, I challenge you. Then I’ll fully support your other valid more recent term TA work.

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better be careful mate; he'll just put you on ignore hahaha...

"Never try to teach a pig to sing. It wastes your time, and it annoys the pig"

QPM Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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