My post was exactly in response to the points you raised. For me, 20 machine sales puts SP in double digit territory. Hence, I am baffled with $1.80 vs $2.08 argument, if investing long-term. The $1.80 buy target is purely a textbook chart thing and has nothing to do with valuation.
But, if you put doubt on machine sales and also put a random number on profit from powder (as you say you did), and come up with $1m annual profit, then the stock is worth a few cents. I am not sure then why you or anyone else would want to buy it at $1.80. Hence, again I am baffled with $1.80 vs $2.08 argument. Hence, the contradiction and those three questions I raised.
TTT chart thread, page-765
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 314653 | 20.0¢ |
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| Price($) | Vol. | No. |
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