Re:Coinbase stock lost over 75% value
by dheera on Monday May 09, 2022 @10:20PM
(#31322654)
It's quite entertaining that when electronics and clothes go on sale people go buy buy buy, but when stocks go on sale people sell like crazy. People are weird.
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Re:Coinbase stock lost over 75% value
by tomjakubowski on Monday May 09, 2022 @10:35PM
(#31322748)
Every one of those stock sales has a buyer too.
There's water on both sides of a wave, but the wave is moving in one direction.
Market makers are a thing.
Electronics and clothes still work when the company is bankrupt.