Paps has seemed very uninformed to me and continually posts rubbish, thus hijacking a once very good forum. So after reading Major's comment I bothered to look back at GBG's history in the "projected earnings, PE & sp" thread to see what all the fuss was about. I missed this thread as I was interstate.
Major is 100% correct. Paps understanding of the market is nil. I have never seen such gibberish quoted from someone who claims to have made a 6 figure profit from trading.... See the quote below:
FYI: I am a Financial Accountant as my career with a Chartered Accountancy Dip, Bachelor Commerce and Bachelor of Finance. Hence I know exactly what constitutes accounting and financial knowledge and do it as a career. Just knowing what the definition of "P/E" is so basic!!!! He clearly has no idea.
Best to put the user on ignore, I'm about to do the same.
Thanks again Major. I had a good laugh.
GBG Price at posting:
99.3¢ Sentiment: Buy Disclosure: Held