5 ms·
The disconnect between you two seems to be an understanding of what the price of a stock means. The stock price today represents what investors think the futur
by parineum 5y ago
The disconnect between you two seems to be an understanding of what the price of a stock means.
The stock price today represents what investors think the future value might be. The speculation that the dip will bounce back is built into today's price.
The reduced price over the high represents the perceived risk that it won't return.
Musk values the stock higher than the mean investor.
- thisismyswamp 5y ago*higher than the highest-valuing person currently in the bidding list