Sarissa Resources Inc (SRSR)

[d0lphint0m]

You would have to understand point and figure charting. It is the only charting system that builds "counts", unlike bar charts or candlesticks. It deals in x's and o's.... and builds counts one way or the other *up or down...
It projects a $31.00 price target. It has nothing to do with fundamental valuation only with projected price from chart.
For example when oil broke down some months ago it had "counts" to $93.00. Well, obviously the price has gone below that and fulfilled the counts and it doesn't have further counts down until the chart "does some work" meaning it has to back and fill before it "builds counts" again. I hope this explains somewhat.