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Re: Harry Winston post# 29586

Friday, 12/07/2018 2:05:36 AM

Friday, December 07, 2018 2:05:36 AM

Post# of 30375
I understand what you see. But TA hardly ever works for PEIX. Only sometimes, one might get lucky.

I also tried to predict the share price by watching the ethanol supplies, prices and corn prices for over a year.

Added the macro and economics, politics, epa decissions and weather to it.

It always seemed like sometimes it worked for a short while, and then out of the blue, the price just moved the opposite way of what was expected.

The same goes for company results. They always seem to effect the price for a couple of days, and then they price just seems ‘manipulated’ to something else.

As for presenting the company on investor conferences, that never effected the share prise. Finally I came to the conclusion that it is unpredictable. Maybe once in a while you get lucky, and only very big news will change the direction of the shareprice for real, but that hardly ever happens.
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