Quote Originally Posted by buns View Post
Most people still have MFT valued mid to High 5's. I was keen at 5, now they have dropped well well below that.
Fundamentally, then, for most people, MFT must be a Buy. For them it represents value.

Quote Originally Posted by buns View Post
How much further will this drop carry on?
No one can say. MFT has previously found support at $3.96 and $3.30 - this may happen again.

Quote Originally Posted by buns View Post
Are those brokers dreaming with their $5.50+ valuations?
To some extent, all valuations are dreaming, Buns, in that they attempt to calculate what a stock is theoretically "worth" - what it ought to sell for. The market sets their real value. Something is only worth what you can sell it for.

Quote Originally Posted by buns View Post
Any good reason not to buy MFT right now??
Yes. The sharprice is falling. No-one knows how far it will fall. Why not wait?

MFT has nice tidy trends and performs very well with TA. You can see from the attached chart how the On Balance Volume indicator gave good Buy and Sell signals that preceded those derived from price trendline breaks. Volume changes generally precede price changes, so the OBV is usually a leading indicator.

You sound like a staunch fundamentalist, Buns, but I'm sure you can see the value in a nice clear simple chart like this one. (Green arrows mark Buy signals, Red arrows mark Sell signals)