In the long tem it is what is in the ground but in the short-medium term it is usually governed by the markets attitude to a stock. Buyers and sellers usually overreact with the lows going too low and the highs going too high.
There are quite a few ways to make money on the market although statistically most lose. In my opinion the best way is to buy after a low has been proven (preferably close to a previous support line) and sell when it starts to drop (either using a count back stop loss or fall back from a previously defined resistance point). Those who are greedy or what are known as "true believers" can find themselves with stock at a loss still telling everyone that the market has it wrong.
OXR
oxiana limited
