"Why in the hell are people snapping up these shares when the company admitted they may NEVER make a profit? What is going on with the tech industry?" I wouldn

"Why in the hell are people snapping up these shares when the company admitted they may NEVER make a profit? What is going on with the tech industry?" I wouldn't necessarily care if they make a profit. I would care that there's a greater fool coming behind me that I could sell the shares to.