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hopester

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hopester

Re: XenaLives post# 49563

Friday, 09/16/2022 8:11:46 AM

Friday, September 16, 2022 8:11:46 AM

Post# of 60586
Quote " ...... T/A doesn''t consider the underlying business"
Every T/A knows that.! It's not supposed to evaluate the underlying business or fundamentals. Its a reflection of the markets views of those fundamentals; both present, past,and future.
Used in conjunction with fundamental researchfrom professional analysts its an invaluable tool in making investment decisions.
To have ignored it or disregarded it along with dismissiing the lack of good fundamentals puts the stock at $4.00 possibly lower.
Now if there is some other kind of research that has proven better results, SHOW ME! I'll take a look.
But I can't seem to get an answer. HMMM
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