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A comment on u/DeepFuckingValue and the GameStop Reddit mania. Parent comment

Re:u/DeepFuckingValue and the GameStop Reddit mania by cwhiz on Friday January 29, 2021 @08:12PM (#25964978)
“Merits”

The stock is worth what people think it’s worth. If people keep buying and holding, then it is worth what it is worth.

[ Parent | on HN ]
Re:u/DeepFuckingValue and the GameStop Reddit mania by troupe on Saturday January 30, 2021 @12:35PM (#25971033)
That might be true in the short term, but can you point to the stock of a company has continued to lose money over decades still maintained a very high stock price?
[ Parent | on HN ]