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Buyers and sellers determine price - this is how the market is meant to function.
Not fair for billionaires to determine what price action is legit and what isn't!
When they are making $, its all legit but when they get taken to the cleaners, they want to change the rules!?
Not fair for billionaires to determine what price action is legit and what isn't!
When they are making $, its all legit but when they get taken to the cleaners, they want to change the rules!?
$GME was driven into the ground by whales and now they are moaning that its current market cap is not supported by the fundamentals (therefore not legit)!
$GME financials attached, current P/S ratio is ~4
These whales own stocks with PS ratios of 50/100 yet ~4 is not legit?
$GME financials attached, current P/S ratio is ~4
These whales own stocks with PS ratios of 50/100 yet ~4 is not legit?
A number of the high growth stocks owned by the same whales have quadrupled/quintupled or more since March '20 and they are now trading at absurd valuations!
Yet, not a single whale has complained about the rapid rise in those stocks' valuations unsupported by fundamentals!
Yet, not a single whale has complained about the rapid rise in those stocks' valuations unsupported by fundamentals!
