InvestorsHub Logo
Followers 105
Posts 2892
Boards Moderated 0
Alias Born 09/16/2011

Re: None

Monday, 04/23/2012 3:33:40 PM

Monday, April 23, 2012 3:33:40 PM

Post# of 80868
I believe it was the legendary fund manager and investor, Mario Gabelli, that stated (paraphrasing): "There's a 100% relationship between the price of a stock and the value of the underlying company, just not immediately."

And by that, he meant that the current price of a security may not always represent the fair value of that security, and there lies the buying opportunity. As always, simply my opinion.



MSLP