Re:Sam Bankman-Fried found guilty on all charges
by robertlagrant on Friday November 03, 2023 @05:14AM
(#38126243)
Stocks don't rely on other people buying in to create value. They are buying into something with underlying value.
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Re:Sam Bankman-Fried found guilty on all charges
by fragmede on Friday November 03, 2023 @05:55AM
(#38126492)
That doesn't explain GME or BBY. Which have explanations, but I wouldn't call rush underlying value.
Fundamentals define a floor for stock price, but above that it's all vibes. Which is fine, as long as we're on the same page.
Re:Sam Bankman-Fried found guilty on all charges
by robertlagrant on Friday November 03, 2023 @11:24AM
(#38130195)
I'm not saying rush is underlying value.