with volatility, and the fact we have done nothing for 5 years as a market...there is no incentive to the old thinking of buying quality shares and just keeping them...as per a 60 minutes report on high frequency traders etc..Value has no place in the market any more..its scalping..so they will drop a share , even below cash backing, as the computers dont know anything, only see a possible opportunity... they scan every stock a few times a second to look for any weakness etc and in they go... The old thinking of finding undervalued companies has gone...so how do you value a company nowadays?
