There is an old Wall Street adage: the value of
Post# of 12925
Posted On: 10/22/2014 7:30:14 AM
There is an old Wall Street adage: the value of any asset (stock) is only what someone is willing to pay for it (current price). Just as stock prices fluctuate, so too do growth and multiplier assumptions. Are we to believe Wall Street and the stock price or the analyst and market assumptions?
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