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The day after ADSK lowered future revenue expectations, its share price has fallen 15% (over $6 so far) as millions of shares are exchanged.
Posted at 08:27 AM in CAD: Financials | Permalink
When groceries go on sale, everybody flocks to the grocery store. When stocks go on sale, everybody runs. Well, all the people talking about the big sale run. A stock's price can't go down unless there are both buyers and sellers. We seem to understand the mentality of the sellers... what's the mentality of the buyers? (Yes, this is a rhetorical question.)
Randall Newton |
Feb 28, 2008 at 03:47 PM
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