One side to an investment coin - front, back, the Mike, your points are well taken. I think TA in the BXI situation is a very very risky business, unless you are a moment by moment trader. TA can give lots of retrospective insight into patterns of prior behavior. TA was of little help in predicting the last major US downturn for example. Prediction...is the key word here. How can TA help predict a Flash Crash? Or a major market sentiment change?
Fundamentals will stand the test of time and market sentiment regardless of what TA indicates, if one is an investor and not a trader. Using TA to help identify shorter term trends within a trend, based on fundamentals is my preferred way to use these helpful tools.
16% now owned by Funds vice 9% previous to the latest runup. ...says a lot. And after news, well who knows where the SP will go on sentiment, manipulation. I am interested in where it will be 5 years from now.
Some questions remain for me : can they produce Advantexx and some Isolexx in commerical quantities at a competitive price. I think the answer is YES, as the process volume and purity seem to be valid, while there is no reason to produce tons of it until they get an order, perhaps? How soon can clients incorporate the product into their products MAY be more of a determinent of production volume that ability to produce?
I would like to know, that when they get an order they could produce X tons per day, at Advantexx purity. That would put most of my doubts to rest.
Regards,
smlmedlge