> Stock price != company value. Nobody will enter a position they can't get out of easily unless there is real worth in holding.
This says it all. The price of a stock does not equal the value of the underlying company. Value investors like Warren Buffett make their money by exploiting that difference.
This says it all. The price of a stock does not equal the value of the underlying company. Value investors like Warren Buffett make their money by exploiting that difference.