wink fails at daytrading, page-71

the so called value of a stock can be so variable i would say fundamental analysis is the real mugs/suckers game.

the market for a few months might decide a stock is worth 14 times but 6 months later only 8 times and there's not a thing you can do about it other than scratch your head wondering why is it not as high today as it was a few months ago. you cant force the market to pay a higher multiple no matter how cheap you think it is.

the only people i know who have faith in fundamental analysis are the ones who mis timed or didn't sell their investments and live in hope.