RE: Broker rating3 Apr 2019 13:25
completely agree with that dealer.never pay any attention to them.on a serious note and in response to your overvalued points i wouldn't seek to argue one way or another whether we are currently undervalued or overvalued.i simply don't think the metrics exist to arrive at any sensible valuation.this one is all about potential .if it looks as though its going to fulfill its potential the s/p will soar .if it looks the other way it will continue to slide but one thing i am personally confident about is that at some point in the next few months it will increase significantly on news which makes it a strong buy at these levels imo.whether it would then hold such increased level would depend on the nature of the news and whether it is construed as affirming the potential or as just another selling opportunity spike.just my opinion and could be completely wrong