Sqrl on 29 May 2008
Fuzzmosis said: Sqrl: What drives stock prices? Stock purchasers perception in a companies profitability. "Holy crap, they raised their revenue by 20%! Something right is happening at that company, it's gotta be worth it to buy!". Higher revenue does indicate a higher chance at profitability though. But that falls under the PR bullshit. I hate Edward Bernays, I really do. |
Please read what I've already posted. Specifically 2 posts before this.