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Re: A deleted message

Monday, 08/27/2018 3:17:20 AM

Monday, August 27, 2018 3:17:20 AM

Post# of 163718
TA actually works very well for SIAF.

One reason is, the downtrend will stay intact as long as Solomon keeps dumping stock.

Now we have a situation where we are building a base, a floor. It will show up as a double bottom or something else that can be interpreted by TA. Exhaustion to the downside. And the reason is, the cash dividends.

You can even predict a rally once we break the long term donwtrend. Because it is likely that dumpage will have stopped. Or because we are getting closer to the distributions.

TA doesn't need a reason. It reflects what is already there, hidden from view. And because we have so many non-operational issues affecting the share price, I think it works well for SIAF.

As for me being a value investor, which we also discussed, I am definitely one. I tried to show you. Value investing to me is gathering all the facts and knowledge and determine whether a stock is undervalued or not, and by how much. Especially the facts that most investors don't know about. Value investing to me also means investing more of your money if a company is more undervalued than others. Otherwise you are not much of a value investor. I really don't need any book to tell me whether I am a value investor or not.

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