I respect you Tumble - but I don't necessarily agree. To answer your question:
Q: "Why shouldn't traders focus on it in the absence of anything else?"
A: Because that is called tunnel vision. The same tunnel vision when you get two great accountants on HC arguing about something so specific about a company i.e. (SGH NIHL or similar) they then exclude focus on everything else relating to the business and then they both miss a 20% surge in the SP!
And I have seen that happen on HC plenty of times!!!
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I respect you Tumble - but I don't necessarily agree. To answer...
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