An analyst uses the discounted cash flow method to estimate a companys stock price (per share) of $20. The current market price of the stock is $62 per share. Which of the following recommendations an analyst could make would be reasonable?

a. If an investor owns the stock, s/he should sell it.

b. If an investor does not own the stock, and is an aggressive investor, s/he should sell it short.

c. If an investor does not own the stock, s/he should not buy the stock

d. All of the above