Interesting comment you made on time Pisces, spot on. I got a lot out of doing this exercise on MND. The main one reinforcing the importance of time. I've done studies on time before but I don't analyse it as much as price, but arguably time is more powerful Stocks don't make the big trend changes until enough time has elapsed. I made a mental note after posting that to do some more homework on time now for my trades.
Also good to hear $7 makes some sense to you guys following the stock. That gives me some reinforcement of the chart analysis. The problem is though, having done the work I realised this is actually quite a good shorting opportunity. But I cant trade it. There's no Options coverage and I also don't think I can get Mini warrants over it. Bugger. Sometimes our stock-market reveals itself to be just the provincial, poorly priced, poorly serviced market it is.
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