That would be true if 1 + 1 = 2 but stock pricing changes by the minute/day/good news/scandal/hiring/firing, etc. Some of their valuations may have been on the

That would be true if 1 + 1 = 2 but stock pricing changes by the minute/day/good news/scandal/hiring/firing, etc. Some of their valuations may have been on the money for the minute that it was determined but so many factors come into play even a huge over-valuation could even out next week based on a great quarterly report or a contract signed or if the right CEO is hired on an otherwise adrift ship.