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Re: QuidWilson post# 59473

Wednesday, 09/27/2017 7:41:18 AM

Wednesday, September 27, 2017 7:41:18 AM

Post# of 140474
Also I think the market is always right doesn't mean that the market is always right. It's a statement reflecting the nature of supply and demand - if a stock is underpriced, it won't be for long because people will take notice and buy it up to try and harness that alpha! And same for over-priced..that's to say, the market will always find the equilibrium price of a security eventually.