Hacker News new | ask | show | jobs
by smabie 1934 days ago
Except, of course, not all observable information has been factored into the purchase price.
1 comments

> not all observable information has been factored into the purchase price.

Why wouldn't it already be priced into the current stock price?

Because someone needs to incorporate it into the price. People are dumb and inefficiencies in the markets abound.