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You don't get a valuation because you "deserve" it. You get it because that's the highest price someone is willing to pay, and someone is willing to sell to the
by tomkarlo 14y ago
You don't get a valuation because you "deserve" it. You get it because that's the highest price someone is willing to pay, and someone is willing to sell to them at that level. A day-trader doesn't care if that's connected to the fundamentals of the business - they're just trying to play the rise and fall.