OTCPK:LLEN - Post by User
Comment by
chsharpeion Dec 16, 2012 6:07pm
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Post# 20737494
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE Bar, I do see how you arrive at that calculation. I used different numbers, which I understand you likely dispute; but here goes: $2.33(Could be more, could be less) / $1.30X .85=$3.2425. The mystery here is that the numbers selected will have a certain percentage of subjectivity. And besides, by his own admission, Bulkowski only recently discovered the pattern (since 2008). I don't think he has yet to take into account a full six months (180 days!) of bottoming. S.