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Alias Born | 05/05/2010 |
Monday, November 18, 2013 6:28:55 PM
But my theory is that the stock is on the open market and the price is based on what people are willing to pay for it.
If you use your formula on BRGO then I'm sure that it would show that we should be trading at a much much higher price, but we aren't because people haven't been willing to pay more for it.
After tomorrow I'm sure that they will be willing to pay a much higher price for it. How much higher will be determined by what exactly is in the PR and the Q.
Some people will look at the charts to see what the trend is and when to jump in, while others compute what they think the stock value should be and buy / sell based on that. I look at where I think the company will be going and can I wait for it to get there. It's all good, however one decides to trade.
Good Luck to ALL and I really mean that!
Charlie
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