I still cringe when I see that statement :) My
Post# of 30026
Posted On: 10/17/2015 10:52:01 AM
I still cringe when I see that statement 
My interpretation when I first saw it was that, basically, those trading the security, determine the price. (i.e., the market determines the price).. If you value it at $50, but someone will only pay $10, then it is worth $10..
GC may think it's worth $100, but if those trading the security ( the shareholders) will only pay $5, then..it is worth $5.
Ergo, the shareholders determine the price, not GC.
It was, unfortunately, a slow ball across the plate for those wanting to twist it to their advantage. (Again, and again, and again..)
My interpretation when I first saw it was that, basically, those trading the security, determine the price. (i.e., the market determines the price).. If you value it at $50, but someone will only pay $10, then it is worth $10..
GC may think it's worth $100, but if those trading the security ( the shareholders) will only pay $5, then..it is worth $5.
Ergo, the shareholders determine the price, not GC.
It was, unfortunately, a slow ball across the plate for those wanting to twist it to their advantage. (Again, and again, and again..)
(0)
(0)Amarantus Bioscience Holdings (AMBS) Stock Research Links
Scroll down for more posts ▼