TSXV:AUN.H - Post by User
Post by
JonEcashon Apr 15, 2007 12:55pm
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Post# 12610827
Value vs Technical investing.
Value vs Technical investing.They both work, and are used in varying degrees or combinations by all investors. Who cares which is better, as long as whatever you use works for you, and you are making money?
Some stocks, due to their nature can lend themselves primarily to one or the other; ie. some are undervalued but have no following or volume to present an accurate TA picture, while some have the best charts and are really just pump and dumps since they have no substance to justify any runs.
Fortunately with AUN we have a stock that is profitable under both methods. Why is this good? Because it brings in MORE investors, and more types of investors so that we can all try to make money in whatever way we choose. Remember, we need buyers and sellers to make a market. If we were all just value guys here then we'd see huge gaps to $4 and $10 since none of us would be selling on the way up for instance.
Personally, I apply both techniques and have been successful in my own mind by doing so. So while you all just agree to disagree here's a good read showing BOTH the fundamental and technical reasons to be in gold and SILVER right now:
https://www.kitco.com/ind/Wiegand/apr122007.html
J$