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A comment on Record-Breaking Egg Profits Prompt Accusation of Price Gouging. Parent comment

Re:Record-Breaking Egg Profits Prompt Accusation of Price Go... by jjk166 on Thursday February 23, 2023 @10:18AM (#34911649)
You can't simultaneously argue that price gouging events are rare and not rare. Pick one.

I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's stock doesn't go up significantly when the price of oil goes up.

[ Parent | on HN ]
Re:Record-Breaking Egg Profits Prompt Accusation of Price Go... by dangwhy on Thursday February 23, 2023 @10:28AM (#34911788)
> You can't simultaneously argue that price gouging events are rare and not rare.

Why not though. It can be rare in some industries( eggs) and not rare in others(oil & gas). Why would there a be universal price gouging rule that applies to every industry.

> I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's

Thats what i am asking you why is not factored into Cal-Maine's stock but factored into Exxon's stock.

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Re:Record-Breaking Egg Profits Prompt Accusation of Price Go... by jjk166 on Thursday February 23, 2023 @12:10PM (#34913269)
The first part you wrote is the answer to the second part.
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