Comment by
HIKER2013 on Jan 30, 2021 2:55pm
Thinking almost all latecomers will be hedge funds being forced to short. hope no small retails buy this when happening. HR
Comment by
HIKER2013 on Jan 30, 2021 2:56pm
WHAT I MEAN THOSE FUNDS WHO NEED TO COVER THEIR SHORTS hr
Comment by
Notgnu on Jan 30, 2021 3:15pm
Nope... worst case for funds is the company does a $50 x 50,000,000 share offering or some such thing... It will never become an "infinity" machine as some suggest. N
Comment by
Flyby1969 on Jan 30, 2021 3:38pm
This post has been removed in accordance with Community Policy
Comment by
Notgnu on Jan 30, 2021 3:43pm
Ask yourself what you would do as the ceo of a dieing company when the market is buying you at 10X your value, as measured by what another company would pay to take over your actual business? Personally I would be arranging a financing and I would know that some big players would now be willing to give me stashes of cashes to up my bank accountses before all this crashes. N
Comment by
mineralriches on Jan 30, 2021 4:39pm
you're forgetting that fundamentals don't matter anymore in this covid debt economy
Comment by
Notgnu on Jan 30, 2021 5:09pm
True it may not be about fundamentals but it is about alignment of incentives... Pyramids Always collapse... perpetual motion machines do not exist. N