Cap’n I’m talking about the markets in general, not any specific share. There will be exceptions. I’m hoping Hur recovers and I’m not in any great hurry for the Hur recovery. I’m retired and, thankfully, comfortable.
Things are rarely “priced in”. Look at the second gulf war. Everyone new an invasion was imminent. Troops massing in Kuwait but the market still dropped once the tanks rolled in.
I do wish Longwait hadn’t taken umbrage and flounced off in a fit of pique. He’d still be telling us this should be £5 per share. What’s more I’m sure he believed it.