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by torlok 759 days ago
Thanks for taking the time to understand my question. It goes without saying that without any tangible value, you're just gambling that somebody will buy a stock from you in the future. I'm wondering if there's some other mechanism at work here that gives these tech stocks value, other than, as you said, basically a pyramid scheme mechanism of buying stocks because somebody with the same "line goes up" mentality will do that in the future and buy us out.