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Re: win win post# 42473

Friday, 10/13/2017 4:18:32 AM

Friday, October 13, 2017 4:18:32 AM

Post# of 112463
You're implying that because Bitcoin is up, SANP should be directly and absolutely correlated to the corresponding rise in its native sector?

Publicly traded companies can very well correlate in the long run with their respective industry, but to look for a 1:1 positive and statistically significant correlation is just... stupid. There are more nuances in the stock market which affect and drive the price than just the value of the commodity in which the company does business.

Be smart. Come on. At least sound smart if you're not.

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