@mike_lustgarten Mike, I like that you post these interesting studies, but what would be more beneficial is if you weighed in a little. I know that you post the studies because they may be important but I wonder what the high IQ Mike Lustgarten think about it. Not his advice, but just thoughts.
What is happening in forest products? $WFSTF, $WEF.TO western forest products gapped up today to complete a classic head and shoulders bottom. I just found this so no position, but I wonder what is the driver?
@siimland Siim, I would love to see you interview Scott Fulton from https://t.co/7BmE9Otbp1 and https://t.co/kFBj0qMaHn as he has very good ideas along these lines.
I'm looking at the disconnect in valuation between $LVO and $PODC. LVO owns 71.5% of PODC which has a market cap of 99.4 million which is worth 71 million. LVO market cap is currently at 68 million. LVO also has other profitable divisions. What a I missing in this picture?
@ragnarisapirate I am suggesting in the spirit of Peter Lynch who famously used his wife's observations about what local stores were doing well to help formulate his investing strategy.
@ragnarisapirate The chart is interesting in the long term with what could be an inverted Head and shoulders with neckline range at 5.5 to 6 over the last 3 years. Price has run a lot in the last 2 weeks. For me a buy now without some kind of correction would feel like "chasing".
@Toronto242M Agreed, don't ignore the "squiggly" lines. This is a perfect example of a falling knife. The "squiggly" lines could help estimate a buy point.