Post by
luckystar2014 on Apr 09, 2021 3:03pm
ACDC and HEAT.CN
Heat.cn is like a side dish, and most people know it because of ACDC. now the side dish is getting close to the main course in share price.
It is really ironic, but short term share price is like voting machine and playing with people's emotion. for those who long ACDC, just ignore the noise. Like Mark Minervini said below:
"Contrary to what some believe, the stock market doesn’t trade on some formula or “intrinsic value” such as P/E ratios or price-to-book, etc. If analyzing balance sheets were the Holy Grail for stock investing, accountants would be the world’s greatest and richest traders. "
so there is no such thing as over-valued, as long as someone willing to buy.
Comment by
Goldy63 on Apr 09, 2021 3:10pm
Yah its nuts lmao . When I saw the news on Heat I bought in thinking ok now the Jan 3rd NR concerning ACDC and heat gets done . Yup nuts lmao.
Comment by
Joseisok on Apr 09, 2021 3:10pm
So the value is what the market will bear.