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by pikaynu
1575 days ago
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The whole stock market is just a speculation game now. With no real value defined behind it's price. All software and strategy is defined on finding stock at a higher price due to any reason. If you can't find a reason, make one. Like CEO's buying more stocks to limit the supply of their stock and propping up the "value". It's all about the "sugar rush". Doesn't matter if the commodity is worth shit. The GameStop fiasco demonstrated that amply. It had no real viable plan, so it shouldn't have been worth a lot but you could artificially increase it's value. |
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