3 ms·

I _know_ there's a disconnect between the share price and the value, I just don't know what direction it's going to go in. This is why straddles are so much fun

• radicaldreamer 11y ago
  It's super annoying when there's a strong and confident initial comment and the clarifying comment is jibber jabber.
  • bcbrown 11y ago
    http://www.investopedia.com/terms/s/straddle.asp http://www.investopedia.com/terms/s/straddle.asp
    • radicaldreamer 11y ago
      Yes, I know what a straddle is, but it has almost nothing to do with the initial claim: "Its actual value is probably unchanged."
• vonklaus 11y ago
  I agree with you, and something I am actively working on. That said, anecdotally, the market seems to overvalue many things a medium amount, and greatly undervalue a small few things by an order of magnitude. So while I would say, sure, the market cap of a company, in what could pitentially br another downturn, is not exactly precision science, this company is in bad shape. Huge successful direct conpetitor: pinterest. Massive successful competitors generally like the amazon, the entire internet, and most flea markets and shops. Negative trending community; shrinking Not profitable Publicly traded. also, on a final point. Even when markets are wrong, which I dont think is the case here,they can become correct by driving the company the direction they expect it to go. So on balance, you're correct. Specifically, I wouldn't buy their stock.