Stock of the Day
Stock of the Day
Out of context: Reply #140
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- sarahfailin0
The party is over! I hope y'all are covering your assets. IMO, the coronavirus is just the pin that's burst the bubble of irrational optimism in the global economy that's had stock values overly inflated.
My brother is in private equity finance and does not believe this is anything but people reacting to the virus, but he does not realize that nobody really thought Tesla stock was worth $1,000 or that Beyond Meat was worth $240. We're having a come-to-jesus moment that this long rally was becoming simply absurd.
- True.aslip
- Great time to ready yourselves to snap up some bargains once the low point is reached.shapesalad