InvestorsHub Logo
Followers 0
Posts 485
Boards Moderated 0
Alias Born 07/13/2007

Re: snow post# 87952

Saturday, 01/05/2008 2:16:26 PM

Saturday, January 05, 2008 2:16:26 PM

Post# of 143047
The market is a collective of every one in it. When the market trades a security like EFGO at .0002, it does so by its investors based on current information. It cannot be wrong or it would not exist. Now, if news breaks on Monday which pushes this stock up or down from Fridays close, was Fridays close wrong? No because it was based on Fridays available info.

My point in saying the market is never wrong is the fact that the market says EFGO is worth only .0002 based on current info. If the market is wrong, why is it you can only get some where between .0001/.0002 for your shares. If you are offering your shares for sale at .0005, will they sell if the market says the most they are worth is .0002? Who does that make wrong, you or the market? Just ask Jim Cramer if the market is ever wrong.

I rest my case and that is all I will comment on this subject.