Quote:
Originally Posted by joshgirls
short term...there will be volatility as wall street pumps the price down so the sellers get a bad price.
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What economics school did you go to?
Stock prices are determined by supply and demand. When there are more sellers than buyers the price falls and when there are more buyers than sellers the price rises. Wall Street doesn't set the price of a stock, the buyers and sellers do. Wall Street was just the central location that the trades take place.