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16:12
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Originally posted by makattack
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There have been hundreds and hundreds of research and analyst reports prepared by finance professionals who all they do is value companies as a full time profession. Talk about educated evaluations. When you look at their reports from the past with the valuations they put on spec stocks and compare it to what the current share price is of those speculative stocks, you'll find that over 90% never get it right. Spec stocks and educated evaluation in the same sentence lol. The reality is we're all taking punts on these spec stocks that own a bit of dirt that might one day hit the jackpot with something tangible.
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Originally posted by josh888
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There have been hundreds and hundreds of research and analyst reports prepared by finance professionals who all they do is value companies as a full time profession. Talk about educated evaluations. When you look at their reports from the past with the valuations they put on spec stocks and compare it to what the current share price is of those speculative stocks, you'll find that over 90% never get it right.
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I have learned a great deal from you two, great discussion going on here lads. cheers. 1 years experience. feel like experience stating is a thing now.
