Nothing personal, but that's just dumb and I can demonstrate it by what happened today with MMAM - go check it out. I started watching it because it looked like they might have a deal worked out with an acquisition that would have them in Walmart and CVS. Price went up 40% yesterday on the hype that was building around this deal. Well today NEWS - the deal fell through. WHAT HAPPENED? THE PPS HAS DROPPED ALMOST 60% TODAY BECAUSE OF THAT NEWS. How can you say news does not affect pps!
If news cam out that HISC bailed out of a merger, or that ACTsoft was gone, the pps would drop like a rock.
If news came out that HISC completed merger, had a port deal signed, profit rose 500% last quarter or anything similar the pps goes up.
Why? Because people buy and sell on news and the MMs don't control the news nor how the public responds to it.
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