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Topic	You guys see what's going on with GameStop's stock?
LordoftheMorons 01/27/21 9:47:53 PM #147:	ChaosTonyV4 posted... How many publicly traded companies can you honestly say have shares valued what the company is worth? Its not actually worth that is a bad argument when stocks are just imaginary numbers. It's the market's current educated guess about what the stock is worth. They're not typically going to be off by a factor of 15-20 with massive fluctuations based on no fundamental changes to the company. But for the point I was making there you can replace "worth" with "long term equilibrium price." What I'm saying is that people who don't get out before it crashes are essentially guaranteed to lose money. --- Congrats to azuarc, GotD2 Guru champ! <cite>LordoftheMorons posted [p:949998812] in You guys s... [t:79253781]...</cite> <quote>ChaosTonyV4 posted... </cite> <quote>How many publicly traded companies can you honestly say have shares valued what the company is worth? Its not actually worth that is a bad argument when stocks are just imaginary numbers.</quote>It's the market's current educated guess about what the stock is worth. They're not typically going to be off by a factor of 15-20 with massive fluctuations based on no fundamental changes to the company. But for the point I was making there you can replace "worth" with "long term equilibrium price." What I'm saying is that people who don't get out before it crashes are essentially guaranteed to lose money. --- Congrats to azuarc, GotD2 Guru champ!</quote> ... Copied to Clipboard!
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