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Good advice would have told you (and still does today) to short $GME ... as it's currently at the very least 500% of anything remotely resembling a reasonable v
by candiodari 6y ago
Good advice would have told you (and still does today) to short $GME ... as it's currently at the very least 500% of anything remotely resembling a reasonable valuation. It's value is completely artificial.
And the same is true. A DCF of, say, Google, Facebook, Intel or (working from revenue) Amazon does not yield anything remotely close to their market cap, and of course market cap should be quite a bit below that (because if you actually start buying those shares it will go up).
So feel free to point me to this advice worth millions ...
- deleted 6y ago[deleted]
- sombremesa 6y agoSorry, I don't owe you anything, especially with that nasty attitude.