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The deli had been running this playbook (low volumes giving an inflated cap). But since it got famous? Volumes are actually decent, and the price is still ridic
by 542458 6y ago
The deli had been running this playbook (low volumes giving an inflated cap). But since it got famous? Volumes are actually decent, and the price is still ridiculous. People are apparently deliberately buying into a market failure/scam/whatever-it-is.
- zzbzq 6y agoIt's the same with cryptocurrency, Tesla stock, Gamestop. The market-cap bubbles become a self-justifying cycle. Theoretically everything comes back down to earth, but only when it runs out of fuel. But the fuel is human insanity, which may be unlimited.
- jcpham2 6y agoThe market can remain irrational longer than you or I can stay solvent
- MomoXenosaga 6y agoNot sure about unlimited. Crashes do happen. Predicting those is the holy grail.
- camjohnson26 6y ago“Fraud creates alpha”