Truly the market has decided ALC’s worth (and it’s not good) but tomorrow it will decide again. Indeed the market weighs worth every trading day and many times within a day. Given that the price of many a stock continually chops and changes, it would seem even the market is often happy to discard its prior valuations. In this light, disagreeing with the market is hardly a bold step.
What i’m interested in (because I have money in ALC and want to know if it’s time to bail): what is the story, why is it over and how will this impact ALC’s financial position?
(You’ve been repeatedly accurate in the past about price declines and I greatly respect those comments. What I’d like to hear is your critique that enabled those predictions. Thanks
Truly the market has decided ALC’s worth (and it’s not good) but...
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