SFBayDuck
Footballguy
I know nothing and even I thought that was wildMaybe I'm just thinking back to the CYDY daysMan, i've looked back at a bunch of different random stocks that have gone down like 90% since 2020-2021.
Did the country as a whole lose half it's net worth since then or something??? Yeesh
Of course not. The market is way up since then. Just rebalancing out of junk stocks that people bought on name and emotion rather than any semblance of reality.
The problem was where they were valued then, not where they are valued now. Most of those you could argue are STILL overvalued even down 90%. Which is a good indication of how ridiculously stupid the prices people were paying then were.
That stock with $266k in lifetime revenue whose market cap got as high as $3 billion?
A true pump and dump that the FFA was in on.


