>> The trading price is a good reference price, but it's not the "right price" for everyone.

But it's the only price based on facts rather than opinion.

it is also the price of what is currently for sale, most shares of most companies are not actively for sale at their current price.

Every market participant has a buy price and a sell price for one share influenced by their personal opinions and the state of the whole market; each at a different level and trading price is only calculated on actual trades. So all the shareholders that are unwilling to sell for any of the current offers do not influence it.

Yet if you were to buy 100% of the shares then you would eventually have to climb up to their price.

This is an interesting point I never really thought about. There is a distribution of buy prices and another distribution of sell prices. But if we plot these on the price axis there will be NO overlap because all shares in that region have been traded. I wonder if there's a way to sample these distributions to get the bigger picture.

OK...

I don't anyone would find your squishy confidence it's worth 50% more than current value any more credible than shorters who think it's worth 50% less. Both seem like fringe opinions without much foundation.

> I don't anyone would find your squishy confidence it's worth 50% more than current value any more credible than shorters who think it's worth 50% less

It's not my opinion that TWTR is worth 50% more. Please don't understand it as such. It's an example of what someone long TWTR could be thinking when they simultaneously hold their position and want to reject the Musk takeover.

I don't think it's worth continuing this thread anymore though. Have a great day.

But isn’t that the point of a market? Some people have goods they don’t want, other people want those goods. So they buy and sell.

Every time a stock trades, there’s a single price. And that price is the price one person is willing to sell at, and another is willing to buy at.

That’s how markets work.