Subject: Re: I’m Trimming - Filed @472
"The reason any equity moves to the current price is because the weighted average of what all investors in that equity think the sum of all the future discounted cash flows have changed to. It can't be anything else."

I'm not sure I follow. There must be a significant portion of people buying and selling shares who haven't attempted to value the future discounted cash flows but for example are trading based on trend or charts?