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postyle

05/13/10 12:54 AM

#289988 RE: MossyOak #289986

No sir, fundamental analysis is done by using TA on a chart only, but to some extent they are both centered around similar fundamental price action of TA.

The reason being, because it is ALL dependent on PRICE, and PRICE MOVEMENT. That is all charts and TA is, the tracking of price movements over various time frames using different formulas. They also through in money flow, and volume as well, but that is another topic all together.



A modern classic quote.

It would appear that I have gotten involved in the age-old "technical analysis vs. fundamental analysis" debate with someone who doesn't understand either concept.

I apologize to the board.
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jai

05/13/10 1:08 AM

#289990 RE: MossyOak #289986

This is the wrong audience for technical analysis.

Most of us are here for the home run play. We are waiting for this revenue stream to grow and become less dependant on legal actions. We have seen peaks and valleys and if you took a poll of what the exit prices of the members on the board you would be very surprized.

My exit price is probably aound $100 a share. That is a $4.3 billion dollar market cap. To get there we would need about $450 in revs and sell for 10 times revs. So at $6 a share in earnings a $100 selling price would be about an 18 pe. QCOM sells for a 20 pe.