Lets look at the pure economics of why you invest i.e. I buy shares in companies that after I do my own research I believe have excellent growth prospects, this is called investing with the plan to see the share price for that company rise as its sales grow and it becomes more profitable.
When you see a share price rise like it did today from $11.50 to $11.94 , and then drop to $11.05, I call the rise in the SP due to investors buying into a company that they see has value and excellent growth prosepects. When you see the SP drop from $11.94 to $11.05 I view this as an "ARTIFICIAL" decline in the SP (Not real and not sustainable) which will see the SP go even higher more quickly when those shorters realise they have made a mistake trying to short a company that will experience tremendous growth in coming years. PTW will win everytime![]()
BAL - Chart, page-898
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