Great post cool, thanks. An example of what you're
Post# of 474
Great post cool, thanks. An example of what you're talking about would be a trader would go long short term on company A because of an upside breakout regardless of pps/value and an investor would only go long if the pps was undervalued in company A and stay for the long term or until the pps for whatever reason became overvalued.
I don't mind the pps dropping in some of my long term stocks because the dividends accumulate more shares.
Warren Buffet in an interview on his IBM (I think or it may have been coke) purchase said he actually preferred the price go down as that meant he owned more value of the company.