beep@piefed.world to Lemmy Shitpost@lemmy.worldEnglish · 1 day agoThat feeling when you convince everyone, your companies are worth 25x their annual revenue, for the fourth timemb24.cdn1.maribor24.siimagemessage-square78fedilinkarrow-up1386file-text
arrow-up1386imageThat feeling when you convince everyone, your companies are worth 25x their annual revenue, for the fourth timemb24.cdn1.maribor24.sibeep@piefed.world to Lemmy Shitpost@lemmy.worldEnglish · 1 day agomessage-square78fedilinkfile-text
cross-posted from: https://piefed.world/c/shit/p/1191421/that-feeling-when-you-convince-everyone-your-companies-are-worth-25x-their-annual-revenu Mirrors
minus-squaregreen_goglin@thelemmy.clublinkfedilinkarrow-up4·24 hours agoIt’ll tank once it’s absorbed into the Nasdaq 100 in a few weeks.
minus-squarePeriodicallyPedantic@lemmy.calinkfedilinkarrow-up1·5 hours agoDon’t bet in it. The market isn’t rational. Look at Tesla’s current valuation compared to companies like Toyota.
minus-squarecriss_cross@lemmy.worldlinkfedilinkarrow-up2·3 hours agoProblem is you have to figure out when the market stops being rational. A lot of hedge funds can know that a stock is worthless, but they’ll lose their house in puts if they can’t time it right.
It’ll tank once it’s absorbed into the Nasdaq 100 in a few weeks.
Don’t bet in it. The market isn’t rational. Look at Tesla’s current valuation compared to companies like Toyota.
Worth a put spread imho
Problem is you have to figure out when the market stops being rational.
A lot of hedge funds can know that a stock is worthless, but they’ll lose their house in puts if they can’t time it right.
indeed