Bill LuMaye

Tuesday, March 3, 2009

DR RALPH BYRNS (UNC Professor on Stock drop)



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1 comment:

  1. I think it is important to remember that the stock market is build up from old information and is always acting on new information in how it changes. Any information that is better than the expectation causes investors to be more willing to invest. Even if the company is doing bad, if the expectation was that it was doing worse it will actually GO UP in value. That said the stock market is more of a follow the leader - when someone buys everyone else wants to buy as well and vice versa.

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