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Buyers anticipate the stock price will rise, and that they can sell it to someone else for more money in the future. More specifically, they're predicting the r
by stephengillie 11y ago
Buyers anticipate the stock price will rise, and that they can sell it to someone else for more money in the future. More specifically, they're predicting the return on this investment will be greater than the interest they'd earn in the bank. They might be wrong, we'll see.