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Re: mariosmack post# 89998

Friday, 05/05/2017 10:48:11 PM

Friday, May 05, 2017 10:48:11 PM

Post# of 203913
SERIOUSLY, DUMPED? NOT AT ALL! COLLECTED or ACCUMULATED would be better words. Look at the volume and compare it to the total number of shares. Only a small percentage are selling, and those that are either swing/day traders or sadly confused investors that are running scared looking solely at just the current price.

Instead of looking at the current price, look at the current value!

Perhaps this can explain it to you better, so that you don't think I am just making up stuff:

https://www.thebalance.com/the-difference-between-a-stock-s-value-and-price-3140860



Pay close attention to this part of the message:


"However, there are many occasions where a stock's price (what it is actually trading for on the open market) is way off the value. The price a stock trades for (or indeed the price of anything) is simply the number that a willing seller and a willing buyer reach that is agreeable to each party. In other words, a stock (anything sold in a free market) is worth what someone is willing to pay."