RE: RE: RE: RE: RE: RE: RE: RE: gng Johnny,
You wrote: "market is always right".
Well... I don't think so.. and that's why I can profit form stocks. I try to buy undervalued stocks with positive technicals. Markets almost always take some time to realize the value of non-value of a stock. If markets were efficients, we would never have had the tech bubble (100 to 150 P/E)... and P/Es would never be 5 or 6 (happened a few times during the past 100 years).
I think that markets can ignore or overvalue good or bad companies for months or years.
That said, I'm all for "mark to market". Therefore, GNG now trades at 19.5 cents and that's today's value if you were to buy or sell GNG shares. That's today's market... no more or less. That doesn't mean that GNG is not worth more or less than 19.5 cents.
Cheers
Richard