• Ilovethebomb@lemm.ee
      link
      fedilink
      arrow-up
      3
      arrow-down
      8
      ·
      1 year ago

      It’s worth what people are willing to pay for it. We know how much a share is trading for, and we know how many shares are in circulation, therefore the company is worth X.

      Most people don’t think it’s worth that, but most people aren’t buying stock.

      • theodewere@kbin.socialBanned from community
        link
        fedilink
        arrow-up
        11
        arrow-down
        1
        ·
        edit-2
        1 year ago

        it’s just my opinion… maybe you’re already losing your ass on it…