GREY:CEQXF - Post by User
Post by
exprohibition18on Jan 11, 2019 11:19am
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Post# 29218698
Great companies versus Great stocks
Great companies versus Great stocksWe have no control on the latter. Banks sit around at a desk and decide which bells in the casino will ring. After all- you cant induce Pavlolv response/ gewt fresh blood to feast on without a little superfluous bell ringing to show everyone you too can succeed!!.We are condittioned to think that fundamentals are the drivers of valuation. This stock is excellent example of how heads you lose-tails you lose- because banks say so. They have refinanced and we are trading at 1/3 the value of what we were in August.
One day the Illuminati committee might decide to uplift juniors again- but it has little to do with midstream value/ Dawn / Dunvegan success or anything else and everything to do with Bank profits and retail exposure. Ive learnt this much in over 20 yrs..... Banks Never Lose. Fundamentals are an illusion sold to the masses. Prices can be anything they want them to be.