Im not a trader and no the market is not always right.
When the GFC hit hard in October 2008 and Opes prime went into meltdown. Banks were forced to sell shares and the market collapsed. It wasnt that the market was right it was the market got manipulated by the powerful over the weak.
Thge market can also be ignorant of a companies true value which you will not understand for BTA as you dont know. Your graphs tell you the trend.
BTA is seriously undervalued today and you can't campare BTA to 1993 or 1998. BTA was undervalued at 35 cents as well. Market got it wrong. The intrinsic value of a company is in its products and Mgmt strategies.
I as a owner in this company know this. I am not a day trader feeding off the weak and using trends.
Power to you if you are good at this anonomous way of destroying value and profiting from it.
It's the way of the world after all.!!!
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