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QuidWilson

09/27/17 7:41 AM

#59474 RE: QuidWilson #59473

Also I think the market is always right doesn't mean that the market is always right. It's a statement reflecting the nature of supply and demand - if a stock is underpriced, it won't be for long because people will take notice and buy it up to try and harness that alpha! And same for over-priced..that's to say, the market will always find the equilibrium price of a security eventually.