Hi Guys, Please let me know what you think about the below: 1. What is the biggest influence on the price of a stock ? 2. Who is the biggest influence on the price of the stock ?
Value Perception, if MSFT comes up with real AI, then nobody will want to sell below $100 say and the price will move straight to $100 on pretty much no volume, but the odd fool ofcourse.
%% Good patterns; earnings can help, that is why tech stock buyers in an uptrend pay up+ profit up. I know WSJ hates hi PE, but @end of 2008/ bear ,DOW PE was 102[ source =IBD] Wonder if WSJ was calling that HI PE a sell/to exspensive LOL?? NO disrespect intended towards WSJ.
%% Exactly ; panic buyers + panic sellers also..And they pull money out of funds @ strange times ......