One who holds shares for more than 5 minutes....
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?
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- definition of long term investor
One who holds shares for more than 5 minutes....with volatility,...
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