RE: Judging Olderwisernow false judgmentDifferences in opinion are what these boards are ALL about, or SHOULD be. The rest is largely pablum, meant to massage views already held. We are in a period where it is advisable to question EVERYTHING.IMO People can ignore whatever they like. Any review of how the world got into the mess it currently finds itself, will point to some degree at blind following of false concepts, lack of objectivity, sheep like attitudes, belief in concepts later found to be completely groundless and a serious lack of individual examination of all sorts of investments. Here we have a venue. It is about opinion, some facts, and many theories. My opinion, if one is to visit these boards, is to be open minded, skeptical and ready to examine critically all views.
With Ricky, we have a situation where I do challenge his stuff. I actually think some of it is good. But I do not accept his conclusions often. Of late, very mediocre results.IMO To say that this stock has pulled back when it fluctuates a penny or two on relatively small volume, but is basically moving up of late from its lows, has been a stretch. The fact is simple over the last short while. It is trending up so far off its lows. Now whether that continues, or we get a major pullback, consolidation or whatever one wants to call it, OR it continues to move up, IS a great question for short term traders, or even those possibly looking to accumulate large positions over time. This IS the question, for the short term.
I do not profess to know the answer. I could make a good case for either up or down at this point. I feel a much stronger case exists for medium and long term appreciation. How much clearer I could be is hard to imagine. I welcome any TA views which approach this question, whether I agree or disagree with their assessment. But what to date is the assessment for those who are pondering the question: Do I buy now, wait for lower price, or sell if I have a profit. The price is now hovering in the .14 area. So who is waiting and for what? Is it hope for a pull back to .13, or is it .10. Is it sell for those who bought way lower? These are VERY relevant questions for various parties. So when I speak of clear and concise TA, I am talking about this reality.
Again: my take. Fairly short, Medium to long term: IE willing to hold for 3 months absolute minimum, out to two years or more. It is still a screaming BUY.IMO Based on valuation and gold market, with potential here at a price of 5 to 10 times, or even more, than current price IMO.
Trader time: minutes to days to very short term. If its Minutes and days: flip of a coin at any given moment.IMO You may make a couple of cents or more, you may even get lucky and hit a news release and it gaps up. Of course the reverse can also happen, and it goes down a few cents, or some bad news is released. Over 30-90 days, better than even odds of a substantially higher price being met. I am not talking two or three cents: I mean at least .06 within that short time frame. IMO
Now anyone can throw in a chart here, and try to guide on that basis, but if they do not address the basic questions at the heart of the matter, what is the point???? So that later they can post and say the chart said this or that? So what. It is buy, sell, hold, or stand aside. If you are standing aside, it still gets down to avoid, or one is looking for an opportunity, or why watch it at all?