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Re: lifegear post# 55098

Thursday, 08/24/2006 8:14:42 PM

Thursday, August 24, 2006 8:14:42 PM

Post# of 169274
there is a street in NY, it's called Wall Street. There is a market theory which states that the price of a security shows all relative information related to that security. There is a market phenominon called arbitrage, it's states that if there is a distinct different between two values of the same security, the spread between them will get smaller and smaller.

Therefore, the more the market believes this stock will open at 15 dollars, the closer it will go to that price. The 8K barely moved it. It seems to be going farther away from 15 dollars.

How do you explain this. If Rufus defying the basic principles of finance?

HAVE

Odysseus crossed the river of Styx. He asked Achilles if it was worth trading his life to have his 'name' live forever. Achilles replies: "I would rather be the slave of a slave on earth, then to live here in Hades..." --Homer's The Illiad

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