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Re: DiscoverGold post# 7005

Friday, 04/24/2020 9:15:50 PM

Friday, April 24, 2020 9:15:50 PM

Post# of 11412
I don't like seeing people lose money but it's going to get very nasty here soon. Irrational exuberance is about to come home to roost...Long in the making.

While the bulk of the problems lie with management and its culture, the mutual fund manager folks who have heavily over relied on this ticker symbol to prop up their funds shoulder plenty of the blame. Including the (generally) fine folks at vanguard, who most certainly know better. (More than 3% of their 'total market fund')

The book value is a small fraction of the stock price.

The definition of a 'cult stock'.
Nasty behavior from all involved.
And now the fall begins...

Certainly just 'my opinion' on things.
And I'd welcome discussion on any of these points on this ticker symbol.






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