MAP 2.63% 18.5¢ microba life sciences limited

re: is map a great buy? markets DO NOT decide what is good...

  1. 107 Posts.
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    re: is map a great buy? markets DO NOT decide what is good value. the market determines its value TODAY based on current and expected conditions. good/bad value is an indicative measure of future prices. why would we need research/brokers/charts if the market decides what is good value?

    calling map a buy when it is trending downwards wishful thinking?!? where does your trend and charts say map will be in 6 months time? i'd bet your charts can't tell you that. technical analysis predicts short term price movements... it doesn't assess value. i don't care what map trades at tomorrow or even the next few weeks because it won't take long before it is back above 3.50. if thats not a buy, then what is?
 
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