GREY:SIXWF - Post by User
Comment by
throwaway11on May 13, 2022 6:19pm
136 Views
Post# 34683157
RE:How did Gluckman get his PhD?
RE:How did Gluckman get his PhD?funny, isn't it? How when you're in the thick of something you can't see the obvious. Then once you're outside of it, it all becomes clear. I saw this coming months - heck, even over a year ago and held on to -most of- my shares anyway because I believed in the tech.
Guess we live and learn. My learning is that no fast, hard rule applies about anything.
"Trust what you know, if the product is great, the stock will do great" gets parroted by various famous finance personalities.
This isn't true in many cases. Instead, who controls the largest sum of shares and the infrastructure they trade with is; who ever has the most money decides the stock price. The product doesn't matter, and in fact, if it's good, there are several circumstances they'd want to destroy the stock price on purpose.
I will hold on to my shares. If nothing starts looking up I will be around next February to vote with my relatively meager count off them. Hope you join.