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A comment on GameStop Opened at $300+ Today. Parent comment

Re:GameStop Opened at $300+ Today by _jal on Wednesday January 27, 2021 @10:37AM (#25929472)
And here I've been told that the market price is the price, because that's the price, and don't get emotional about the market.

I guess that only applies when the 'right' people are involved?

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Re:GameStop Opened at $300+ Today by johnhartigun on Wednesday January 27, 2021 @10:43AM (#25929569)
See, this is what I mean by clueless. Price and valuation are completely different concepts. An asset that will never generate any cash has a valuation of zero, but its market price could be anything.
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Re:GameStop Opened at $300+ Today by _jal on Wednesday January 27, 2021 @10:48AM (#25929649)
See, this is what I mean by how econ 101 reasoning makes people weirdly arrogant and impossible to talk to.

Parent is so quick to try to score a point arguing definitions that they entirely missed the point.

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Re:GameStop Opened at $300+ Today by johnhartigun on Wednesday January 27, 2021 @10:53AM (#25929743)
I'd be happy to discuss substance but your comment brings up no actual points, only ad hominem.
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