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Asking whether it's too late to buy I think makes no sense... if it were, immediately market forces would drive up the price. If it were too soon, immediately m
by IkmoIkmo 9y ago
Asking whether it's too late to buy I think makes no sense... if it were, immediately market forces would drive up the price. If it were too soon, immediately market forces would sell.
You can ask anyone, any individual, of course and they'll have a particular answer which will differ. But I wouldn't be quick to trust a particular answer over the answer of the market (which IS the stock price), unless the particular answer is from a particular person, like a buffett, a domain expert or an alien from the future or someone with insider knowledge.
At least, that's the theory haha. I know it's a shitty answer.
- WalterBright 9y agoThe stock price at any point in time is set by about an equal number of investors thinking it'll go up as those that think it'll go down.
- ryanx435 9y agoits not an equal number of investors, its an equal number of buy and sell orders at a certain price. an individual with a billion shares has more of an impact on a share price than an individual with one share.
- WalterBright 9y agoYes, you're right.
- c3534l 9y agoThe mostly efficient market. You can get far picking stocks at random, but that doesn't mean it's better than having some idea about what you're doing. But for the most part it's about risk, not price. Price is usually about right, it's what you can afford to risk. I think Amazon's price went up because investors think they're about to battle Walmart. Wouldn't hurt to put a little in on both those companies.