I don't think these statements were by the CEO it was the Analyst
Quote:Malik added that though the exact reasoning for the halts is unclear, recent activity in the sector qualifies as “unusual.”
“The fact that three companies have announced some pretty significant financing in the last 48 hours, you definitely have a lot of trading activity and the valuations are really stupid.”
As for talk of a bubble?
“They are probably trading higher than they should at this very moment,” he said.
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