Originally Posted by
mistaTea
Reaching? But the Earning Guidance has not changed?
People who have read my posts know that I am far from sceptical about the future prospects. I do think the HBO deal was great and my analysis of Sky leads me to believe that it is still significantly undervalued.
The point I make is that, on this thread, a huge amount of emphasis seems to be given to what the SP is every hour. And investors who are happy to continue holding seem ‘happier’ now that the SP has risen significantly…because they are wealthier on paper, but it means it will be more expensive now if they wish to increase their holding.
And if they are holding still it must logically be because they think Sky is still undervalued (otherwise surely they would sell and move on to the next target?). And if they think Sky is undervalued they should want to buy more of it…in which case the recent SP increase is a terrible outcome for them.
I have enjoyed the banter though - it is always interesting to see how different people view stock prices, risk, volatility etc.
And we are quite likely talking at cross purposes on a couple of the issues 😅