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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE

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To: AGORA who wrote (1212)3/4/1999 7:34:00 PM
From: Ward Nicholson  Read Replies (1) of 2453
 
Logic 101:

Ward, if the market is always right, why did YF fall from $14 to
$3? If we understand your thinking correctly, purchasers of YF at $14
must have been correct in giving it that value. Given the fact that
nothing really changed and that butterfat prices were not issue at
$14, how did the market go wrong?


"The market is always right". This is a premise.
By asking how the market went wrong you are asking something
to the effect of asking a blind man how he can see.

As for your claim that "nothing really changed" I'd suggest
you look at a chart of YF.A. See how the price changed?
Look where it was before and look where it is now. Pretty
big change if you ask me. You don't think the behaviour
of YF.A's shareprice has an effect on the decisions of those
trading YF.A?

You must be joking.

WN
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