3 ms·
> But they forget that the Fundamentals can destroy a company. And a company that doesn't exist, doesn't trade anymore. A wise company with poor fundamentals b
by salvadors 17y ago
> But they forget that the Fundamentals can destroy a company. And a company that doesn't exist, doesn't trade anymore.
A wise company with poor fundamentals but a good image and an inflated share price could, however, use that overvalued currency to buy other companies (with better fundamentals) in an all-stock deal.
There are some who would say that this is pretty much how the entire internet industry works...