[shorttime]

I disagree. A share is worth a portion of the business. That is a defined unit. The share price is what people will pay for a share of the piece of company. Baked into the price is the underlying assets (real value) in addition to the fuzzy speculation piece.

The share prices can be analyzed by looking at the financial reports. True value can be assessed by looking at assets minus liability, debts, dividend payment, etc.

This value per share then is compared to the buying price. There is a lot of speculation built into the price now a days. An investor does not have to buy at this real value + speculation price, the investor can sit it out. People are willing to pay for a share of this company, a non-defined amount, it's the only way to continuously offer a share of the company for sale.