#17
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Re: What stocks are bargains right now?
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Nah, half the people trading it have no idea what their current cash flows are much less their future cash flow. It's defined more like the dollar weighted average of what buyers want to pay for it and what sellers want to get for it. [/ QUOTE ] FYP. but in reality, it is like buffet said, price is just what is willing to be paid. the willingness may be based on future cashf low analysis but stock prices are not, and cannot be, defined that way. Barron |
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