Bullish chart?, page-8

We can have a conversation without getting snippy with each other.

Few people seem to have much to say on DMP.

I like the fact that DMP has a long term MD with skin in the game who sees a long term international plan and the way they embrace technology is impressive. I'd much prefer to buy in at $40 rather than $50 but we don't always get what we want. And yes $40 is a closer valuation based on fundamentals right now. But then there is the "blue sky" premium. This blue sky premium is based on the future growth potential/trajectory and varies according to the general market appetite for risk IMO. If the market loses 10% you will probably get your $40.

I've missed out buying quite a few stocks by refusing to pay this premium. So now I try and wait for this premium to shrink then buy say 50% of what I would like to commit. If it goes down from there I top up with the other 50% or if it goes up at least I have a few. Others would say doing the opposite would be a better strategy to acquire the remaining 50% which could be true.