InvestorsHub Logo

hopester

07/26/20 3:52 PM

#98478 RE: chumppunk #98435

Chump- I can't speak to the science as I'm not knowledgible in that area.
Other DD doesn't take much to grasp ie balance sheet, sales, earning, debt, cash burn.

Back to DD- I rely on professional analysts for their opinion as I know they do "professional" research on each company they analyze fundamentally.
In the case of CYDY the only analyst that I know that follows it is from Wainright and on 6/22/20 he said it was overprices then , too too high and reiterated his HOLD rating on it with a px target of $4.00.
BTW- His Analyst Rating score is 100%. I believe I directed you to the information learned last week.

As to 5 T/A's all disagreeing. Can't say I've ever encounted that while T/A's each might differ when weighing one indicator over another. But I've never witnessed any group of T/A's disagree on a trend. Some T/A's are more hightly regarded than others. So too with Fundamental analysts.
Charts and Indicators and Trends do not lie. A chart has no skin in the game to distort things either. It doesn't argue non-facts and exaggerate px targets, leap to conclusions based on what they hope the outcome.
Also, one can chart anything...doesn't have to be a stock. In fact, medical scientists and doctors use them every day.Witness ,the President's "tasks force basing their projections of new Covid cases, deaths, hospitalization , curves ... by a graph, chart and trends and indicators in different areas of the country.
Why one can even chart hia wifes weight and whether she'll gain weight in the next 6 months and place a "weight target" on it... by charting it and trending it. Try doing that but don't let her catch you.
No One has to accept T/A as a valid and useful tool. But many have, it's followed and employed every day by millions of investors. To ignore T/A
is a perilous decision I believe.