If someone offered you a burger for $500 you probably would not buy it, even if it was very good. Even if they suddenly discounted it to $350. It's just too muc

If someone offered you a burger for $500 you probably would not buy it, even if it was very good. Even if they suddenly discounted it to $350. It's just too much money for a burger. This thing makes like $500m of annual revenue, not profit, whatever path to profitability one can imagine, hard to see how it can be "worth" $32000m. It's like 5000 years of earnings are priced in along with the assumption competitors don't try too hard for the same time period. Basically every reality-based investor has long left the room. It's a meme stock. It's Dogecoin for devops kids. Underlying biz does not matter for meme stocks, one must look at what the meme lovers do, what trend they follow, etc. At the moment they're being moody, that's why it's down for now along with similar memetech stocks. As a bonus they provide the captchas for all the crypto sites. When that sugar daddy leaves the room, LOL.