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Aurcana Corporation Message Board

  • kevinllieno kevinllieno Jun 30, 2013 9:41 PM Flag

    The POG should approximate the price of a good suit

    That expression has been around for a century, of course there is variance above and below at times, like anything else. Still, you can get an excellent suit these days for about 1200 bucks or so, and at periodic sales and christmas or jewish holidays, you can get the new two for one sales, quite easily. This puts the price somewhere between 600 and 1200, and to be safe, let us say around a thousand bucks, summer of 2014. I think we get there within a year, and because of how the markets always overreact, we of course break support and trend to the POG 850 range, finding a bottom in July/Aug 2015. This is the next time I will buy the sector. If it exists at all, AUNFF will be a fraction of its current price. Everybody by that time who has played this sector the past 5 YEARS will be gone.

 
AUNFF
0.15+0.01(+4.46%)Jul 30 2:10 PMEDT