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"The stock price is completely disconnected from the value of the company", this goes for most of the stock prices.
by GrumpyNl 6y ago
"The stock price is completely disconnected from the value of the company", this goes for most of the stock prices.
- slg 6y agoI'm not going to disagree with you on the semantics of that, but this simply is in a totally different league. There is almost always plausible deniability that the stock value and company value are related. Meanwhile Gamestop is up over 1600% in a couple weeks with no fundamental changes to the company. There is no argument that can be made for anything else beyond the stock price being manipulated by a coordinated effort.