RE:RE:RE:RE:RE:RE:RE:Treaty Creek Status...Hi..
I didnt mean to imply that there is no benefits in comparisons, I use comparisons to decide what stock to buy, then technicals to pick entry and exit spots. I cetainly understand the number crunching side of this game, looking for more value than peers....I was trying to say that a stock can and will trade against logic for a short peroid of time,,,, more and more good news builds a base of strength,,, and interest that drives the SP... your comaprison comment is fine for a large stocks, one that is stable and predictable and likely to follow your calculations,, these are stocks thattypically trade hundreds of millions of dollars a day...... lets face it, that is not Tudor.. if making these comps help you,, have fun,, comps do not accomodate many other iimportant factors, like momentum, hype, having a "good" story, good or bad news, geo political risks,, i could go on...
Right now we are batting outside factors also, this is a more speculative stock, and people are feeling more reserved IMHO , and likely less inclined for risk right now. this will change but it will take time.
I find the best comaprison for any stock is the same stocks history......... gold was up $10 today and TUD up a penny,, what does that mean? I dunno,, does anyone, does it matter?
hopefully we are forming a bottom near here, we have overhead decending resistance, at 2, and the 200 day at 2.09 we need to be above these for the technicals to start to look decent,, and we are a long way from there....right now they look pretty sick.. not alot of keen buyers so......
gold looks strong, however,,if gold breaks below 1800 for more than a day or 2 , Iam selling everything I dont care how great the company. this would indicate a possible move for gold to the1600s. I know....un likely,,, but seriously who had monkey pox in the office pool,,, you just won $100
I want some decent drill results, because I think the best thing for us here (besides the POG) is more news and general exposure, the story is great, just need more people informed.. Big hit at Eureka would be great, and perhaps not move the stock at all initially,, add in an Expanding resource, road being built, all looking very nice...building a mine includes building the story,,, every bit of news builds the story and the better the story the more interest,,
just seen far too many rug pulls to not have a pretty quick exit plan.
I just was looking at google maps, and I was happy to see the sattelite photos have been updated..
I do not know how recent these are,,, but I think they are like just taken in the last few days......
you can see new buildings under construction at CBS, and a new base camp for goldstorm also the 6 rigs are visible.. along with many new camp buildings....and a few other easter eggs for you nerds... lol have fun!
MarcusA wrote:
Hi Stocktraderguy,
care to answer a few friendly questions?
Where are we now according to technical analysis? (To be fair I wanted to ask that yesterday evening, I guess today we are in deep schit, to use your metaphor.)
I think it is very easy to compare Tud with other stocks or an index. Simply one can of course compare apples with oranges. One just need a tertium comperationis, some measurement like vitamin-content or calories per weigt. Likewise, as an investor I can myself: I have fixed sum that I want to invest for x months - what is most profitable, what is more risky and so? Then I can compare an index-fond (eg. Dow) with an goldexplorer. According to current decision-theories there is absolutly no problem involved. Ah, forgot the friendly question: What do I miss here?
If you think that stocks "often trade in any direction, often against logic and facts" I tend to agree, but if that is the case why do you think "that good drill results will help".?
I do not mean to point out an inconsistency in yoour views. Maybe both of your statements can be true at same time: We painflully learnt that Tud went down with good drill results or other good news. But I think your last sentence expressed a hope that we all share: stocktrading should be more logical and react to good news more...
GLTA (we need it)
M