RE:RE:Irrationality
Shssh. Let's make that our secret. ;-) Please confirm I have properly interpreting your post: 1) 5-Yr chart (up, up, up?) predicts dip back to .37... (life-cycle of share prices) 2) Pullback was coming (ST?) 3) Grossly undervalued (LT!) 4) Good thing for us buyers (ST) 5) Will leg up soon. (Mid-term?) I agree. Might even dip lower before it firms up around .40-.44 and waits for good news to snap to... well, depends how good the news is! That's market dynamics. But value? What I love is how well they have managed the money they have with a relatively small Market Cap, staying in the black thru ups and downs, investing in new facilities and packaging upgrades. Maybe .60 recognized great performance in an unsexy investment niche, but with no likelihood to double or triple, they bail out at the first hint of turbulence? Ok, market dynamics set EBN up for a sharp drop on a slight disappointment, but for a value investor, it is still foolishness. So far it seems to be that every pennystock edges down until there is a solid reason to it to spring up, and that once a stock takes a hit and burns the buy-highers, the downturn seems to linger longer than the facts suggest. (I am holding a few other spurned prospects). And wee investors like myself have not yet spotted the rumblings of big investors spotting the value, and mixing the rocket-fuel. Take a look at PTM in 2015 over the last year. Benched for a year. What made February the launch-date? Not that EBN will go supersonic. I am counting on "steady as she goes" for years to come.