=+Mr Adams (Production Director): I have been following the stock market for many years as a private
Question:
=+Mr Adams (Production Director): "I have been following the stock market for many years as a private investor. I put great value on patterns of past share prices for pre-
dicting future movements. At the moment my charts are telling me that the market is about to rise significantly and therefore we will get a higher price for our shares if we wait a few months. This will benefit our existing shareholders as the new sharehold-
ers will not get their shares artificially cheap.'
Mr Cluff: 'I too have been investing in shares for years and quite frankly have con-
cluded that following charts is akin to voodoo magic, and what is more, working hard analysing companies is a waste of effort. The market cannot be predicted. I now
Step by Step Answer:
Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold