GREY:ADAIF - Post by User
Post by
maldororon Nov 26, 2006 11:07pm
301 Views
Post# 11753857
Price targets 86 cents, $1.64 and $2.31
Price targets 86 cents, $1.64 and $2.31A reminder.Technical analysis: On 11/17/2006 Maldoror posted " short-term objective based on short-term P&F flag formation is 86 cents". That target has now been reached.On the same date Maldoror published an eventual target of $2.31 that could be reached in 2007-2008 based on fundamental considerations. On 11/16/2006 Maldoror mentioned that $1.64 was the technical target based on the February 2006 P&F chart.
Confused? Here is the key: The short term target for 0-3 months of 86 cents has been reached. The medium term target (3-9 months)of $1.64 should be reached in 2007. The longer term target (9-24 months) of $2.31 should be reached between now and 2008.
As Alan Toffler wrote in 1958 "The future arrives prematurely". Believe it.
Maldoror