Intro Preface Monologue
Australian/global Kleptocrats continue the pillaging of resources for self serving purposes while leaving the homeland country with nought either by selling juniors to increase ponzi balance sheets of other ASX majors at a fraction of their value at shareholders expense or pay gigantic fees and 'capital raising' sale of shares into offshore accounts, effectively printing money (stock fiat) by selling/marketing dreams. I sometimes wonder what all those off balance sheet major banks derivatives are?
I like to think of it as the penny dreadful Crookislands offshore cash hoarding emergency allocated derivatives scam, hence forth know as (PDcocheads) scale, since acronyms are all the rage these days. The PDcocheads scale is out of 9, increasing non linearly similarly to Richter. Contributing factors of the PDcocheads scale include but aren't limited to, grossly over paid directors, fake news released at technical market tops to create volume to sell into FOMO, convertible notes, anti dilution clauses for major share holders, bloated upper management, unsustainable project lists (land hoarding), stock forum non-sense cheer leading, inversely flaming at technical market bottoms and others (you get my drift).
I am a well qualified highly experienced non financial engineer, not qualified to give financial advice, hence, the PDcocheads scale is of comedic nature only, also known as get a sense of humor you nob. An informal look at human nature, cronyism, the nature of all things mathematical, geometric (scared?), Fibonacci and the like. Feel free to use the PDcocheads scale in your own evaluations. I rate myself a 9/9 so don't waste your breath and make financial decision at your own risk.
CTM Specific
Chart pretty much speaks for itself. Cheer leading nonsense on forums is strong, which is always a worry. If I was a crony I'd keep that stock price hard against the red upper regression line while pumping the dream and raising more capital to sell to anyone dumb enough to buy it. Chart certainly 'looks' divergent, hence full disclosure I have a small position at 0.008.
Id rate this one roughly 4/9 with its true nature to reveal itself in due course.
Australian/global Kleptocrats continue the pillaging of resources for self serving purposes while leaving the homeland country with nought either by selling juniors to increase ponzi balance sheets of other ASX majors at a fraction of their value at shareholders expense or pay gigantic fees and 'capital raising' sale of shares into offshore accounts, effectively printing money (stock fiat) by selling/marketing dreams. I sometimes wonder what all those off balance sheet major banks derivatives are?
I like to think of it as the penny dreadful Crookislands offshore cash hoarding emergency allocated derivatives scam, hence forth know as (PDcocheads) scale, since acronyms are all the rage these days. The PDcocheads scale is out of 9, increasing non linearly similarly to Richter. Contributing factors of the PDcocheads scale include but aren't limited to, grossly over paid directors, fake news released at technical market tops to create volume to sell into FOMO, convertible notes, anti dilution clauses for major share holders, bloated upper management, unsustainable project lists (land hoarding), stock forum non-sense cheer leading, inversely flaming at technical market bottoms and others (you get my drift).
I am a well qualified highly experienced non financial engineer, not qualified to give financial advice, hence, the PDcocheads scale is of comedic nature only, also known as get a sense of humor you nob. An informal look at human nature, cronyism, the nature of all things mathematical, geometric (scared?), Fibonacci and the like. Feel free to use the PDcocheads scale in your own evaluations. I rate myself a 9/9 so don't waste your breath and make financial decision at your own risk.
CTM Specific
Chart pretty much speaks for itself. Cheer leading nonsense on forums is strong, which is always a worry. If I was a crony I'd keep that stock price hard against the red upper regression line while pumping the dream and raising more capital to sell to anyone dumb enough to buy it. Chart certainly 'looks' divergent, hence full disclosure I have a small position at 0.008.
Id rate this one roughly 4/9 with its true nature to reveal itself in due course.