[johnhartigun]

See, this is what I mean by clueless. Price and valuation are completely different concepts. An asset that will never generate any cash has a valuation of zero, but its market price could be anything.

[_jal]

See, this is what I mean by how econ 101 reasoning makes people weirdly arrogant and impossible to talk to.

Parent is so quick to try to score a point arguing definitions that they entirely missed the point.

[johnhartigun]

I'd be happy to discuss substance but your comment brings up no actual points, only ad hominem.