I thought about some people and their endless whinging when I read this, so might as well paste it on here...
"In an efficient market a stock’s value should reflect the anticipated future cash flow. Everyone had their own risk model and risk tolerance on how they may choose to discount that future protected cash flow so there’s no right answer. Now add in the 'it isn’t an efficient market' and 'most analysts don’t really dig that deep' and you have what you have. These arguments for and against higher valuations for XXXX are really meaningless. It is what it is. If you feel good about XXXX then now is a good time to buy. If you don’t feel good about XXXX then walk away."
That was a response to shouts that XXXX share price should be higher and a very polite nudge to the "white-anters", I thought. (I could never be that polite!)
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