TheWaitingGame: One takeway for us from the article in this information vacuum is that neither rising nor declining prices have any intrinsic connection to the fundamentals of this investment or what may be coming down the pipe. The market certainly does not know all.

Yes, this is what we have been saying all the time or at least from time to time. Good to have some theoretical backing now! Here's something I like very much:

• The day-to-day market isn’t a fundamental analyst; it’s a barometer of investor sentiment. You just can’t take it too seriously. Market participants have limited insight into what’s really happening in terms of fundamentals, and any intelligence that could be behind their buys and sells is obscured by their emotional swings.