You use the word "control" like there's some form of conspiracy.
Allow me to summarize Econ 101 for you: In all free markets, price is determined by supply and demand.
Who controls the price of toothpicks or toilet paper? We do.
In the case of the exchange-traded markets, fear and greed play a large role in the exageration of price, maybe even for long periods of time, but the fundamentals will always prevail, until governments and forces outside the free market intervene, causing recessions and the like.
2006-07-02 09:26:34
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answer #1
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answered by dredude52 6
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The law of supply and demand. If buyers and sellers cannot be matched, the Specialist in that stock is required to make a market by either buying or selling as required.
2006-07-02 09:00:11
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answer #2
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answered by Navigator 2
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No one person. Everyone - Supply and Demand. More demand for a company's stock drives the price higher, less demand (or selling) drives the price of a stock lower.
2006-07-02 09:42:18
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answer #3
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answered by CSEZONOV 1
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supply and demand, and a lot of speculation about company financials such as earnings forecasts, dividend payouts,.....mergers / acquisitions, news announcements, new CEO, CEO performance, .......there are a lot of factors that cause a price of a stock to change, not just supply and demand.........
2006-07-02 11:08:42
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answer #4
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answered by yellow_beaver 2
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You and me. (Supply and Demand)
Top 4 Answerer in Business & Finance. (Vote for me)
2006-07-03 11:41:29
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answer #5
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answered by Anonymous
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