3 ms·
The crazy thing is that the connection between the worth of a company and its market performance is so tenuous that the emh shouldn't make sense in the stock ma
by dnautics 6y ago
The crazy thing is that the connection between the worth of a company and its market performance is so tenuous that the emh shouldn't make sense in the stock market.
The only connections are: if a company does a buyback if it's share price gets low and can afford it off of existing revenue, if a company needs to raise cash and does a dilutatory raise, if the company exits the market via merger, acquisition, or bankruptcy, or if it's a dividend stock. All of these events are relatively rare.