director sale of stock, page-7

Broker forecasts are mostly not reliable and shouldn't be used in valuations. Some companies provide guidance yet this is often ignored by brokers in their forecasts, need I provide examples of this. Being conservative and never paying more than a PE of 20 will save you from big falls more so then paying up for fear of missing out on big gains. I Can provide heaps of examples here. Matrix has been a listed company since nov 2009 you presume correct I know it was started by the current CEOs father decades ago. Let's pick on an illiquid stock with mediocre metrics it provides guidance of a 30% profit increase 1 broker covers it and says it will double profits it's hot potato all the way up using the future IV method and ends in tears. Check out zgl you know the rest of them.