Supply and Demand are the only two forces in an open market. Truth is the only valuation is only how much someone else is willing to pay. The easiest example it an old family heir loom, worthless to anyone but your family, priceless to your family.
Lets talk about now a days stock prices, I reference company ABC who has one single stock holder, you. You run into some issues and HAVE to sell the stock tomorrow. Price you paid for it was 25 dollars. I am your only buyer, while the stock may be "worth" $50 by price to book, PE ect. I am only willing to pay your $10 being your only buyer you must take the price. SO, where did that $15 go? The company doesn't have it. . . you don't have it. In theory I now have it because I supposedly bought a $50 stock for $10 but then when I want to sell and once again there are no buyers stock becomes worthless EVEN if the company is kicking butt, making good money and has a great product if there is no one to buy my share it is considered worthless.
Hence the bigger sucker theory!
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