Did some sums today. Thoughts & discussion welcome.
MA market price projections
Current situation (40 day ma market price of about 1314 FPO stocks)
S DATE MA PRICE 1 10/05/01 $1.95 2 26/04/02 $2.10 3 30/06/09 $3.22 SLOPE 0.64 (currently poor growth)
A few projections / forecasts. Remember that highest ma price for the market prior to decline was $4-45 in late 1999. Markets tend to expand, therefore we can speculate that in several years from now we may see ma price over $10-00 at least. So lets do some calculations with different ma prices for friday the 26/04/02 (yesterday).
S DATE MA PRICE 1 10/05/01 $1.95 2 26/04/02 $2.20 3 30/06/09 $4.07 SLOPE 1.06 (we live in hope of this outcome within a month or two or sooner)
S DATE MA PRICE 1 10/05/01 $1.95 2 26/04/02 $2.50 3 30/06/09 $6.61 SLOPE 2.33 (good growth, 6-12 months away)
S DATE MA PRICE 1 10/05/01 $1.95 2 26/04/02 $2.75 3 30/06/09 $8.73 SLOPE 3.39 (strong growth)
S DATE MA PRICE 1 10/05/01 $1.95 2 26/04/02 $3.00 3 30/06/09 $10.84 SLOPE 4.45 (excellent growth)
