They have no anchor upon which to assess
the correct price for a stock.
Not exact matches
Therefore, when trying to determine whether
stock prices are simply
correcting or signaling the start of a Bear Market, we believe it is important to ascertain if the economy is headed
for recession, and if earnings are peaking and likely to meaningfully decline.
The drawback
for both of these models is that they do not account
for valuation, that is, they assume the
stocks»
prices never
correct.
Because the distribution date was APR 21, 2011, THAT should be the
correct date
for ascertainng the
stock prices of the GM
stock and warrants.
If a bit of bad news comes out about Brown - Forman, the
stock could easily
correct to a lower
price - to - earnings multiple and remain there
for years — destroying shareholder value in the process.
Let me say it another way: You would predetermine a logical place to put your stop loss, and buy the
correct amount of shares (
for stocks) or contracts (
for options, e-minis, etc.), so that when
price reached that predetermined point, you would close and would be out 1 %.
If you see what I am doing — I'm trying to show what a distorted
price for publicly traded
stocks in an big index could do — and I haven't even suggested the obvious — that an unsustainable
price will
correct eventually, and maybe, in a dramatic way.
If the
price were to rise, you would have been better off entering the «incorrect» value (buying at 900; able to sell
for some profit) than having entered the «
correct» value (never having bought the
stock; no possibility of a profit).
• Act as first point of contact by welcoming customers in the retail store • Engage customers in short dialogue to determine their purchasing needs • Escort and direct customers to the
correct aisle or shelf that holds their choice of products • Provide customers with product information and demonstrate product features • Answer customers» questions about product features • Provide customers with
pricing information and any special discounts or promotions that the store is offering • Attach
price tags to each item and make sure that they reflect updated
price information • Guide customers to assist them making purchasing decisions • Provide customers with warrantee and after sales services • Ensure that shelves are
stocked properly and that all items and shelves are dusted and cleaned periodically • Ensure the overall cleanliness and maintenance of the store • Guide customers through the payment procedure by taking cash or processing credit cards in exchange of sold items • Handle refunds and exchanges and associated paperwork • Balance cash registers at the end of the shift and make sure that there is sufficient change available
for the next shift • Order merchandise and make sure that newly received items are placed on shelves appropriately • Arrange store and window displays
for products on promotion • Ensure that any discrepancies are communicated to the manager immediately • Take and resolve customers complaints and relay complicated ones to the supervisor