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It's not just about how well they are doing, it's about how well they are doing compared to how well they were expected to be doing. If a bunch of people bought
by babypuncher 5y ago
It's not just about how well they are doing, it's about how well they are doing compared to how well they were expected to be doing. If a bunch of people bought Facebook stock last year based on expectations that revenue would go up 45% year over year, then they probably over-valued the stock.