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Thats Great . But I obviously prefer to do my homework a little...

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    Thats Great . But I obviously prefer to do my homework a little bit different.
    Namely because I believe that current share prices, and their resultant valuations are a reflection of the ' collective ' view of potential value and / or mispricing by the market. These views by market participants are in turn driven by the breakdowns and comparison of company specific and industry fundamentals.

    With regards to Cirralto , ALL of these things can be evidenced and reflected in the simple observations of the ever so slowly diminishing ' Free Float ' of shares being offered on the SELL side.

    So the Chart or plotting of all this whilst generally a lagging indicator of where we have been , they can also point to and provide front leading indication of price action due mainly the fact that all other fundamental observations including those relating to volume matrices made are blatantly obvious......as is the case in the forward outlook of CRO.

    And in my view it is far better to know where you are going than to simply guess ,and because I don not believe you can maximize returns solely from a Chart or technical indicator because the data underlying them are dynamic and in constant state of flux. And that's why we have quantitative and qualitative measurements like PE ratios and Price to Book etc.... that Analysts and Markets use in valuing Companies on a Quarterly basis BOTH historically and forward looking. And if this information wasn't valuable , then we wouldn't be using it when companies and investments are compared to one another.

    I would go further in saying that NPV and economic analysis ....discount rates etc would also be useless . And they are not . So there is a solid case for more of an in depth analysis of whatever your investment is.

    Just another opinion I guess. Another great Book and a fairly easy read is a Book Titled SUPER STOCKS , and another called Markets Never Forget , BOTH written by American Analyst and Billionaire Investor Kenneth L. Fisher. And he's written a swag of other books as well which are equally applicable to the Cirralto SUPER STOCK potential.

 
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