poshjessy24 Mar 2009 16:42
It's not easy trying to find a value that suits a share. Some people work on a theory of a 50% retrace back from some spikes or peaks. this seems to work in most cases but there are always other variables to take into account.
I think people are too excited about this company for that to happen. Other wise it would have settled at 60p recently.
But as you can see it's floating aprox 20p above that.
People will talk charts, volumes etc, and even **** each other of or become sarcastic because some 1 has made a prediction on their own theory. They can all be write and all be wrong.
It's best to find a way of spotting value that suits you. Read lots if you can. books etc journals