RE:RE:RE:RE:RE:RE:RE:RE:RE:Vg is your confirmation! He played you all and now? The markets are a function of liquidity. You clearly don't understand what is happening.
People can't buy groceries. People renewing mortgages are facing 50-60% increases in their monthly payments. Buying a new car? Car payments are up 30-40%. HELOC balances are accruing 7% interest.
People should be paying down debt and creating cash flow room. They don't have money to waste on buying a piece of a toll software company.
Maybe if someone is lucky they get 3-4% salary increase this year. But many bonuses will be slashed.
Lots of people have no debt. But there are lots of people with incredible debt loads and the last thing they need is to watch more of their net worth evaporate holding this PoS. And a 3% yield, that you have to give a quarter to the government isn't sufficient with a 7% HELOC.
These are the marginal sellers of the stock. Until interest rates are cut substantially this thing is going down.