LogFAQs > #950272237

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Topic	Stock Topic 20
masterplum 02/04/21 12:19:12 PM #36:	If you are wondering why it didn't go up higher, it seems really simple. People didn't sell, but people also didn't BUY. In order for the price to be high you need buyers who are willing to buy at the price. If there are 100 chairs, and 90 of them are bought at $400, but the last 10 are sitting around and people are buying and selling them for $50, then the chairs are worth $50 even if the 90 never show up again. --- https://pbs.twimg.com/media/BdWiElvIQAAQpBt.jpg <cite>masterplum posted [p:950272237] in Stock Topi... [t:79277198]...</cite> <quote>If you are wondering why it didn't go up higher, it seems really simple. People didn't sell, but people also didn't BUY. In order for the price to be high you need buyers who are willing to buy at the price. If there are 100 chairs, and 90 of them are bought at $400, but the last 10 are sitting around and people are buying and selling them for $50, then the chairs are worth $50 even if the 90 never show up again. --- https://pbs.twimg.com/media/BdWiElvIQAAQpBt.jpg</quote> ... Copied to Clipboard!
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