GREY:NEVDQ - Post by User
Comment by
bogfiton Dec 17, 2020 7:04am
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Post# 32126143
RE:RE:“bog... $3.00 stock... explain? … Do you have a calculation
RE:RE:“bog... $3.00 stock... explain? … Do you have a calculationCapt. Nugru,
Don't wish to spend too much time on this as have a lot of research to do on the upcoming disastrous 2021 housing market, but as usual you totally missed the point - 10 years ago folks did all the same mathematical gymnastics that now you seem to enjoy on a daily basis. NONE of their calculations, estimates, or predictions proved true, did they?
I've tried to explain this in terms that even you could understand: numbers don't tell you the future or which way to go. Velocity, volatility, and trajectory will tell you what you really need to know and most often they are subjective and meaningful only a relative sense.
You, Capt. Nufru, like many others are seeking a guarantee of success merely because you have, hype and bluster aside, little faith in your own judgement. You lack appreciation for Nevada Copper's mid to long term future or conviction in its long term success, and therefore see your involvement with NCU as only a pump and dump and move on.
b. "Meh... let's settle on sharts then." bogfit wrote: for the $3.00 or is it just "speculation." and or csharts?”
Sure ... if you promise to pay attention this time.
It’s simple, ten years ago NCU was a $4.41 stock and Cu hit a 10 year high of $4.50 also that same month, Jan. 2011. Cu began its decline the next month and NCU followed that summer. The point is that the stock and copper were at close parity before the commodity bust. Since valuations pre and post bust are so widely divergent, one must be further off than the other and by a considerable amount.
Now your assignment is to examine those charts, learn how to spell chart, and put in your own words what you understood from my lecture. Due tomorrow at 8:00 AM.
b.