RE: Should I buy29 Apr 2020 13:16
Hi lazypunter,
First of all let me advise you that I am not in the same league as Paddy who is a major fact finder via satellite imagery and therefore gives us an eye to the ground from which we can draw our own conclusions.
I made a good pile of cash in the early 2000's bonus bagging casinos and moved on to bonus arbitrage betting in sportsbooks. A lot of the casino bagging was using mathematics and the laws of probability rather than chance.
E.g if you bet on red or black there is around a 48% chance of winning (because there is a green). That chance remains but it would be highly unlikely that you would keep getting a red, roll after roll. Anyway, suffice it to say I made a wad of cash.
My attitude to this share is a little the same. Yes, all these indicators of a major find could be false. There is some formal data via quarterly reports but on top of this we see and hear many many snippets of information from a variety of informal routes.
I am about as useful as a chocolate teapot for presenting raw data but it just seems to me that the laws of 'probability' are in favour of this being a good 'un.
If I sometimes appear to be ramping I apologise but it's just me being exuberant which is my natural character.