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Tuesday, May 09, 2017 2:44:26 PM
" Technical analysis holds that prices already reflect all the underlying fundamental factors."-- Alexander Elder https://en.wikipedia.org/wiki/Alexander_Elder
If HWAL's ludicrous claim of having $67,374,786 in assets were divided by the entire 300 million A/S the PPS should be $0.225 Or if you base it on the reported O/S of 142,768,564 the PPS should be $0.47
Yet this POS sits at $0.0014.
So obviously (a)no one believes management's claim regarding the valuation of their key "music library" asset and (b) reliance on technical analysis of HWAL's chart has failed miserably.
My "opinion" is as valid as your "hearsay"
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