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OT: Stock trading
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[QUOTE="XLCenterFan, post: 3829224, member: 8712"] Stocks are being treated like collectors items now. The value of some of these stocks has nothing to do with the fundamentals or the balance sheets or the company worth. Just like Beanie Babies, Cabbage Patch Dolls, Pokemon cards, etc. - it's a current trend. Beanie Babies are essentially yarn and fabric. Pokemon cards are cardboard. However, just like GME stock, if all of a sudden tons of people want them, they become valuable. IMO, its the same principle. [B]Things are essentially worth whatever people are willing to pay for them, and stocks are no different.[/B] Am I wrong here? [/QUOTE]
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OT: Stock trading
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