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Since I was a trader for five years and help build an equity research firm, I think I have enough domain knowledge to stand by the assertion I made in my second
by TDL 14y ago
Since I was a trader for five years and help build an equity research firm, I think I have enough domain knowledge to stand by the assertion I made in my second point.
Wired may have a much better understanding of the technology and the industries that these companies operate in, but I was discussing the fluctuations of the stock price not the relevant business lines.
I will now re-iterate what I said earlier; stock price != the company. Don't confuse the two.