Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
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a stock is only an interest in that company. the value of any company is only its assets and its income. income you can consider its future potential if you are good enough to gauge that.
after you put a dollar value on that company divide that by the number of shares out and you get the figure for about what the price of the stock should be if you were actually buying a piece of the company in real life.
with stocks people routinely pay far more than a company is worth to buy a piece of it. thats is why companies go public as they can get far more than a private sale from the stupid public. eventually everything gets valued at it true value.
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This is spot on for Sirius. At its current price it's valued at over $7 Billion, absolutely ludicrous. I'd sell it.
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