4 ms·
The concept of a valuation being overinflated for a company that's trading publicly is kind of hilarious. It's worth exactly what it's trading for at any given
by count 12y ago
The concept of a valuation being overinflated for a company that's trading publicly is kind of hilarious.
It's worth exactly what it's trading for at any given moment, by definition!
- danieltillett 12y agoWhile I agree with this sentement in general, the market price can be distorted by supply constraints. Ask all the people that shorted VW back in 2008 and got caught up in a short squeeze that made VW the most valuable company in the world [1]. 1. http://en.wikipedia.org/wiki/Short_squeeze http://en.wikipedia.org/wiki/Short_squeeze