Yet another point overlooked by the slow conservatives is that the same factors apply to all businesses that fall into the category. They are equally burdened which allows them to pass on the cost in some fashion. The result is more money in the hands of those who will spend it instead of those who would bank it.
A desperately needed result in this economy.
Yeah, I should know better by now, u are hopeless. Let's see if anyone else can think on a triple digit IQ level.
"The present expected value of a stock is a function of the hold time. "
I use the language of mathematics and logic. You may not understand but to nearly anyone with better than high school training the meaning is clear.
I guess I really should have said though.
The expected present value of a stock is a function of the hold time.
I doubt if you understand it that way either.
The present value of a stock is a function of the expected hold time. With true "investing" value being an infinite hold time. Let me explain for you. A stock purchased with consideration of a companies profit prospects is an example of infinite hold time based on the current state of the company.
Other hold times are functions of expected trading activity of other parties.
Your concept of "fair analytical value" is incomplete without disclosing the hold time, or perhaps you mean the infinite hold time for a company based on expected profits. But this is just a smaller part of a stock price.
So I would think I shouldn't have to explain to you about trading altering the 'value' of stocks but I do continually over estimate your intelligence.
Trading does not alter the infinite hold time value, it of course alters the expected value over shorter hold times.
Your fundamental error is that you equate trade volume with 'participation' in the market. Maybe some time back if there were not many trades you could assume that most traders were out fishing and few would take advantage of mispriced stocks. This is just not true in the days of automatic trading. Every millisecond ever stock in the Dow and most in the S + P are being evaluated for advantage by thousands of independent algorithms. These algorithms aim to identify exactly the things you whine daily about. And that is mispricing. They automatically trade based on statistical expectation of mispricing. I have mentioned that you look up stat arb trading but I should have realized you can't play in that field. You make a fool out of yourself daily with these paranoid ramblings about conspiracies in prices just because you no longer understand how things work. Low volume is due to general agreement in the algorithms as they are mostly looking at the same variables.
Well I don't bluff math. I do it well for a floor sweeper. You can never answer one of my questions without googling.
You are the one who doesn't believe in averaging numbers.
I got a sat night math problem to embarrass you with if you're up fur it.
Not organized and not nearly as damaging as the attacks done by conservative fundamentalist idiots for which you have absolutely no plan at all for countering.
"Put his finger in the air"
Meaning what ??
He caved to the majority ?? We can't have that happen in a democracy now can we.
You may find it laughable but they have done it. Word definitions are actually defined by majority usage and definitions change. So you hang on to your to old ways and complain incessantly while sitting on the park bench feeding pigeons but the world has moved on.
Good then you apparently understand the need to shift gears toward the new threats which are conservative fundamentalist.
And do tell how you plan to stop an 'ideology' that hates the west. You do realize that ISIS is just the current name for the same old movement against us.
""White extremists have killed more in the US than Muslim fundamentalists since 9/11, claims report""
""Non-Muslim extremists have carried out 19 attacks since September 2001 killing 48 people
Radical Muslims have killed 26 people in seven attacks, new report found""
So where do we invade to squash this most dangerous terrorist threat. Mississippi ??
It's sarcasm that just happens to resonate with the vast majority of Americans who understand what you half witted nuts are all about.
Nunes doesn't respect individual privacy ? Or is privacy just for those people they like.
Nunes doesn't know how to track people who are self identified and currently outside the country once they return?
I guess if he doesn't know how to do this then there is absolutely no hope that our security service can identify new terrorists who are developing here already.
Yeah but they tied the problem to liberuls like Obama. And the solution was cast as more pesticides.