Re: Pennant Formation ....hipncash Joda
posted on
Oct 09, 2007 04:34AM
Well said, as you can overpay for a stock on fundamentals as well as technicals. I will use fundamentals in conjunction with technicals regardless of trade or investment. The one main aspect missing here is you're not playing "with the street" as there are no projections or visability to assess due to the nature of current business operations. It's a pure spec play based on an uncertain future which makes this just as tea leavish as using TA alone.