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When price is king - what does it mean?

Question #128144. Asked by aussiesalute.
Last updated Jan 11 2017.
Originally posted Nov 30 2012 8:27 PM.

Answer has 2 votes
15 year member
101 replies

Answer has 2 votes.
Price is King

'If the price is too good to be true, let the supplier prove otherwise' is a comment a buyer told me recently. Price is king in the public tendering market at present, so learn to find the correct trade off between price and capability.

There's no point in having the best methodology and approach and having the best technical solution if your price is too expensive. Learn to meet the specifications with the best price.

Price is king when it comes to the market. Sure there are many different ways to evaluate a company and the different methods all have their advantages but the price patterns of a company still gives you the most accurate buy and sell signals.

More than any oscillator, any fundamental ratio, or any probability graph price is still the king of the stock market world. An up trending stock will still continue to trend upward until people panic and start to sell. A down trending stock will continue to trend downward until something happens.

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Response last updated by satguru on Jan 11 2017.
Nov 30 2012, 9:45 PM
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