RE: 20p30 Aug 2017 12:42
Don't know whether it's your muddled English or your muddled thinking, but I don't really understand what point (s?) you are making. Yes you can point to situations where stocks get oversold, but there are just as many examples of value traps where the stock just keeps falling. Punting on these is simply guesswork and gambling, so your argument that you don't gamble is complete tosh. I make my money by identifying long term undervalued stocks, and holding long-term. By liquidity, I'm talking about from an institutional investor, not a small PI like you and me. It's the institutions that really move share prices, not us.