News for hackers. Stuff that matters.

A comment on Anatomy of a Bubble – Tesla and Bitcoin. Parent comment

Re:Anatomy of a Bubble – Tesla and Bitcoin by SpicyLemonZest on Wednesday September 02, 2020 @09:39AM (#24353091)
I'm not sure what it means to count up the number of times a stock has appreciated in a year. A stock with steady, reasonable 2% annual growth could in principle appreciate on every trading day.
[ Parent | on HN ]
Re:Anatomy of a Bubble – Tesla and Bitcoin by 0xffff2 on Wednesday September 02, 2020 @01:01PM (#24355211)
I think GP means that the stock is worth 113x what it was a year ago, although that seems to be off by a factor of ~10 for Tesla.
[ Parent | on HN ]
Re:Anatomy of a Bubble – Tesla and Bitcoin by Someone on Wednesday September 02, 2020 @10:56AM (#24353873)
Only if every trading day brings news about the company or its competitors that is surprising to investors (and makes them value the company higher)
[ Parent | on HN ]