Post by
bogfit on Dec 16, 2020 6:08pm
“bog... $3.00 stock... explain? … Do you have a calculation
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.
Comment by
Notgnu on Dec 16, 2020 6:30pm
Meh... let's settle on sharts then.