Firstly it Turned out Differently and Secondly as One Thought

Humans are bargain hunters at heart. Who wants to pay full price if one can buy the object of desire at a discount? Stock markets, too, are fertile ground for this way of thinking. However, stock markets do have an added complication that markets for goods and services lack. While one easily develops a sense for the fair price levels of bread, butter, air fares, haircuts, and restaurants; fair stock price levels are not that easy to gauge. So what is a bargain in the stock market anyway? And is there a good bargain strategy?