Re:GameStop Investors Who Bet Big–and Lost Big
by ratsmack on Monday February 15, 2021 @02:46PM
(#26146413)
It is, but so is Tesla, Apple, Amazon and others. Value stocks are almost always driven by cult believers.
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Re:GameStop Investors Who Bet Big–and Lost Big
by asdff on Monday February 15, 2021 @02:50PM
(#26146467)
One of these is not like the other. I'd argue that AAPL and AMZN are far more fairly valued than TSLA, a stock that moves by two percentage points whenever Elon Musk tweets erratically, and somehow has a larger market cap than diversified automakers with multiple factories around the world versus a tent in Freemont.
Re:GameStop Investors Who Bet Big–and Lost Big
by ratsmack on Monday February 15, 2021 @02:59PM
(#26146575)
The funny thing about "value" stocks is that they go up only if someone desires to buy them more then you want to hold them. In the case of "income" stocks, their value is intrinsic in their dividend yields. Buying "value" stocks of any company is just gambling in my view, unless they have a strong potential of returning dividends in the near term.