-si- assets 4.4 billion liabilities 1.7b, market cap 3 billion. That’s all I need to tell you oh and forward pe is decent and operating profit margin of 15% not to bad for pennystock, itv is solid if they run into trouble they have a lot of assets they can sell off to keep lenders happy, itv x would of required a fair bit of liquidity over the past few years hence the loses. Again I will tell you and you should know by now big money don’t invest entirely on fundamentals if so we would all find this market a piece of piss.
I bought itv on a tweazer bottom on the daily which is an indicator buyers stepped in, it also has lower lows followed by higher highs and bullish divergence even inverted head and shoulders on the daily big money see that they will step in, I will sell some at every resistance level and keep some for a long hold and the dividend. The dividend is a safety net. It’s low volitility not some meme stock.
Not suggesting anyone should follow my trades, but I’m getting there after 3 years it’s getting easier. It’s about rolling everything into one and mono is full of shit on his view point on TA, still awaiting his reply.
