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a common mistake people make is to think that a stock trading at $5
must be a better buy than one trading at $20 because it is cheaper. In
actual fact this has no relevance as to whether that stock is a good
buy or not.
eg. The $5 may have 10m shares issued
meaning it has a market cap of $50m where the $20 stock may only have
2m shares issued giving it a market cap of $40m
Again, this in itself has no real relevance in stock picking.