RE:RE:RE:Some interest
"I know we would all like to have a 'Stong buy' recommendation from the Royal Bank or something like that, but this is better than nothing. It just gets some eyeballs on the stock. "
I suppose getting noticed by a few new investors is worth something but any sort of technical analysis or target price based on technical analysis is completely worthless for a stock such as EGX. I gotta laugh when some fly-by-night website pulls a number, really out of thin air, and says "the target is this based on the increasing head and shoulders formation and the 30 day moving average blah blah blah." Nonsense. If (hopefully soon) we get bought out the price will be directly related to the commodity price and the quantity of metal in the ground.