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"Do you think that Wall Street hasn't figured that out?" "Wall Street", whoever that is on Wall Street, may have figured it out, but the stock doesn't instanta
by nicholas73 10y ago
"Do you think that Wall Street hasn't figured that out?"
"Wall Street", whoever that is on Wall Street, may have figured it out, but the stock doesn't instantaneously move to the correct value afterwards. There is a time lag where traders who are paying attention can still get in at a good price.