Over the last few weeks, readers of this blog will have seen me try to tie the share price to earnings via a PE ratio based fair value price range (which I have assumed to exist between a broad PE ratio range of 10 and 20).
While this sounds logical in theory, you might be sat there wondering if theory matches up to reality or if this whole PE ratio fair value price range stuff is just part of a bigger conspiracy dreamed up by a financial whizz ages ago in order to get people to invest in a company.
Here ends my series of blogs which I hope has proved the principle that with a basic understanding of technical analysis, alongside a low risk money management strategy, that the average investor does not need to have a large amount of capital in order to make gains consistently in the stock market.
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